đš JUST IN: đžđŠ Saudi Arabia is weighing an expansion of its premium residency program to ultra-wealthy individuals â including $30 million net-worth people and super yacht owners (Bloomberg).
This is a major move for global capital flows and wealth migration.
Hereâs why it matters for crypto:
đ Wealthy individuals often look for tax efficiency and asset protection
đ Saudi Arabia is becoming a global financial hub
đ High-net-worth capital often flows into crypto as a diversification tool
đ Ultra-wealthy migration usually means more institutional-grade demand
When wealthy investors get new options for residency and asset protection, crypto becomes more attractive, especially for large allocations.
#Crypto #Bitcoin #WealthMigration #GlobalMarkets #Macro

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