Bilingualism has become the norm--not the exception--in today's globalized world. The development of bilingual proficiency in English and other languages is increasing worldwide. Saudi Arabia is one of many countries within the expanding circle of nations in which English (although with no official status) enjoys a special position as the sole foreign language taught in public schools. This study examined Saudi university students' beliefs about issues surrounding bilingualism, particularly about their first language (L1), second language (L2), and potential benefits of being bilingual. Data were collected through semi-structured interviews and a focus group discussion with 15 university students. The findings showed that all students explicitly self-identified as bilingual based on their perceived linguistic repertoire and daily bilingual practices. Self-identification seems to have an empowering effect, which positively influences beliefs about bilingualism and language learning. As members of the dominant Arabic-speaking group, the students were able to achieve sequential additive bilingualism. Overall, the students saw bilingualism as an advantage and highlighted its perceived benefits, the instrumental importance of English, and the vital role of Arabic as a marker of their ethnoreligious identity.