ALBAWABA- In a strategic move to attract foreign investment and talent, Saudi Arabia has announced plans to offer distinguished residency to executives working in regional headquarters.
The initiative aims to encourage foreign companies to invest in the country by providing a range of incentives.
Notably, employees at these regional headquarters will benefit from streamlined visa processes based on their company's requirements.
Moreover, spouses included under family residency will have the opportunity to work, enhancing the overall attractiveness of the program.
Additionally, Saudi Arabia is extending the minimum age for dependents allowed to stay with regional headquarters staff, providing further flexibility and support for professionals relocating to the kingdom.
This bold step is part of Saudi Arabia's broader vision to diversify its economy and foster a business-friendly environment.
