šØ JUST IN: šøš¦ SAUDI ARABIA TARGETS THE ULTRA-WEALTHY šš„ļø
$30 MILLION NET-WORTH INDIVIDUALS & SUPER YACHT OWNERS IN FOCUS
Saudi Arabia is reportedly considering a major expansion of its Premium Residency Program, aiming directly at the worldās richest individuals ā including those worth $30M+ and super yacht owners, according to Bloomberg.
This could be a game-changer for global wealth migration šš„
⨠WHY THIS IS A BIG DEAL
Saudi Arabia isnāt just opening doors ā itās rolling out the red carpet.
The move signals a bold push to attract elite capital, influence, and luxury lifestyles into the Kingdom as it accelerates Vision 2030.
Think:
šļø Luxury living
š¼ Business freedom
š„ļø Yacht-friendly policies
š Global elite access
š§ ANALYSIS
šøš¦ Saudi Arabia wants to diversify beyond oil and bring in long-term, high-value residents
š° Ultra-wealthy residents mean investment, spending, and global credibility
šļø Supports mega-projects like NEOM, Red Sea Project, and Diriyah
š Positions Saudi as a serious rival to Dubai, Monaco, and Singapore
This isnāt just residency ā itās economic strategy wrapped in luxury.
š” PRO TIPS
āļø Watch for official eligibility details ā net worth isnāt the only factor
āļø This may come with tax, business, or property incentives
āļø If youāre in global finance, luxury, or maritime industries ā pay attention
āļø Wealth migration trends often signal where capital is moving next
š BOTTOM LINE
Saudi Arabia is signaling loud and clear:
āIf youāre ultra-rich, we want you here.ā
The global competition for wealth just got hotter š„
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š Do your own research ā headlines move fast, details matter