For business leaders and executives eyeing opportunities in the Middle East, relocating to Saudi Arabia offers a unique blend of professional growth and cultural immersion. As the Kingdom continues to diversify its economy under Vision 2030, it’s becoming a hub for ambitious companies and professionals.
With a rapidly evolving business landscape, driven by reforms that welcome foreign investment and talent, the Saudi population has grown to over 35 million, with 44% of residents foreign-born. For executives, relocating to Saudi Arabia isn’t just a personal move—it’s a strategic decision tied to market expansion, tax advantages, and access to a growing economy.
Navigating the visa process is a critical first step, for business leaders relocating to Saudi Arabia there are several options available, including Premium Residency Visas, we cover this topic in depth in another blog: What is the Saudi Premium Residency?
The application, which requires a job offer, a contract, and attested documents like your passport and qualifications. The process culminates in an Iqama, your residency permit, issued within 90 days of arrival.
Housing is a key consideration when moving to Saudi Arabia. Many expatriates in Saudi Arabia opt for compounds—gated communities offering amenities like pools and gyms, ideal for families or those seeking a familiar lifestyle. In Riyadh, districts like Al Rajhi Grand Mosque or Kingdom Centre areas cater to professionals, while Jeddah’s coastal neighborhoods appeal to those wanting a vibrant urban feel.
Rents vary by city—Riyadh tends to be pricier than smaller hubs—however, the CEO of the Real Estate General Authority (REGA), Abdullah Al-Hammad recently announced that Saudi Arabia is studying the implementation of a cap on residential and commercial rent increases to tackle soaring prices.
Peninsula offers support to executives seeking to secure housing prior to relocation, leveraging our local network to find properties that suit your needs and budget, ensuring a smooth transition.
Healthcare in Saudi Arabia is top-tier, with facilities like King Fahad Medical City in Riyadh rivaling global standards. However, public healthcare is reserved for citizens, making private health insurance mandatory for expatriates.
Costs for private plans vary, but they grant access to modern hospitals with minimal wait times.
For executives relocating to Saudi Arabia with families, education is a priority. Public schools are off-limits to expatriates, but international schools abound in cities like Riyadh and Jeddah. Institutions like the British International School of Jeddah or the American International School in Riyadh offer curricula familiar to Western families. Spaces fill quickly, so early registration is essential.
Childcare options, including nurseries and nannies, are widely available and affordable, often costing less than in Europe or the US. This flexibility allows busy executives to balance work and family life effectively.
Driving is the preferred mode of transport in Saudi Arabia, given the limited public transit options. An international driving permit lets you drive for up to three months on your current license; afterward, converting it to a Saudi license is straightforward with your Iqama.
Saudi Arabia’s culture, rooted in Islamic traditions, shapes daily life and business interactions. Modest dress is expected—think trousers over shorts for men and abayas for women in public. Prayer times, occurring five times daily, briefly pause commerce, a rhythm you’ll adapt to quickly.
For executives, respecting these customs builds trust with local partners.
Expatriates in Saudi Arabia form a vibrant community, comprising about 44% of the population—over 10 million people. The majority hail from India, Pakistan, Bangladesh, and Western nations like the UK and US, per 2024 estimates. This multicultural mix enriches the business landscape, offering executives a broad talent pool and market insights
This diversity fuels a rich social scene, often centered in compounds or at events like Riyadh Season, a cultural festival drawing global attention.
Networking is key for business leaders. Joining expat groups or attending industry events connects you with peers and potential partners. While alcohol is banned, entertainment options from concerts to desert trips keep social calendars full.
Relocating to Saudi Arabia isn’t just about lifestyle—it’s a strategic move for business success. The Kingdom’s zero income tax policy boosts your disposable income, while reforms easing foreign ownership simplify company formation. Peninsula’s expertise in navigating these regulations ensures your business thrives, whether you’re structuring an LLC or tapping into tax incentives. With our 15 years of regional mastery, we’ve helped firms like Best Western establish roots here, proving Saudi Arabia’s potential as a launchpad for growth. For executives, it’s a chance to lead in a market poised for transformation, backed by a partner who knows the terrain inside out. We’re here to make your move to Saudi Arabia a cornerstone of both personal and professional achievement.
Alistair Paine brings 15 years of dedicated experience in Saudi market entry, guiding Fortune 500 companies and innovative scale-ups through successful establishment in the Kingdom. His expertise in Saudi company formation, licensing and market entry strategy, positions him as a leading authority and consultant in international business expansion to Saudi Arabia
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Schedule a free consultation with Alistair and the Peninsula team to understand which market entry strategy is best suited to your business setup in Saudi Arabia.
Email: Alistair@peninsulacs.com
