Sunday, July 14, 2024

Saudi Arabia Launches ‘Visiting Investor’ Visa for Businessmen

Saudi Arabia has introduced a new visa called the “visiting investor” visa, specifically designed for businessmen who want to explore investment opportunities in the kingdom. This visa has been launched by the Ministry of Foreign Affairs in collaboration with the Ministry of Investment.

To apply for the visit visa, businessmen can utilize the unified national platform for visas, which offers simplified electronic procedures, making the process easier. Once the application is submitted, it will be processed, and the visa will be promptly issued. The approved visa will be sent to the investors via email.

Initially, the e-visa service will be available to investors from specific countries in the first phase, with plans to include other nations in subsequent phases.

This initiative aligns with the goals of Saudi Vision 2030, which aims to position the Kingdom as a leading investment power with a high level of competitiveness.

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