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Saudi Arabia has announced updated requirements for its Premium Residency program under the Business Investor category, marking a shift toward stricter eligibility standards that prioritize measurable economic impact.
Under the revised framework, applicants are now required to invest at least 7 million Saudi riyals and create a minimum of 10 jobs within the Kingdom. Crucially, these conditions must be fully met before an application for Premium Residency can be submitted, a change that alters the program’s previous emphasis on financial capacity alone.
Policy observers note that the new rules reflect a broader recalibration of investment incentives, aligning residency privileges more closely with tangible contributions to the local economy. By introducing mandatory job creation and pre-application investment thresholds, authorities aim to attract investors with operational projects rather than speculative or short-term interests.
Commenting on the update, Mohammed Ahmed Bashammakh, General Manager of Ahmed Bashammakh Group, said the changes indicate a more mature investment framework. He noted that Premium Residency is increasingly tied to productive investment and employment generation, reinforcing its role as a tool for long-term economic development.
The revised criteria are widely seen as consistent with Saudi Arabia’s ongoing economic transformation agenda, which seeks to diversify income sources and strengthen private-sector participation. Analysts suggest that the updated model may enhance investor confidence by clarifying expectations and reinforcing regulatory transparency.
Ahmed Bashammakh Group, established in 1991, operates in the field of investor support services, including company formation, licensing, and regulatory navigation, as outlined on its official website within its investment services section.
Alongside institutional advisory channels, digital platforms have also become an important source of information for investors tracking regulatory changes. Industry-focused content shared via Mohammed Ahmed Bashammakh’s TikTok account has gained attention for explaining Premium Residency developments and business regulations in a simplified, accessible format.
This convergence of policy reform and professional digital commentary highlights the evolving ecosystem through which investors engage with Saudi Arabia’s regulatory environment.