Saudi Arabia has extended the availability of it’s investors visa to individuals worldwide, simplifying the application process through an online platform.
This expansion signifies a significant advancement in enhancing accessibility for international investors as part of the second phase of the innovative “Investor Visitors” e-visa service, broadening it’s reach from approximately 60 countries to encompass every nation globally.
The application process has become seamless, eliminating the need for international investors to physically visit a Saudi Arabian embassy for visa application. Instead, they can easily apply for the “Investor Visitors” e-visa via a user-friendly online platform.
This digital visa not only offers convenience but also flexibility, allowing multiple entries and a validity period of up to one year.
Successful applicants can gain immediate access to explore numerous investment opportunities within the kingdom of Saudi Arabia. This development aligns with Saudi Arabia’s vision 2030 initiative, focusing on fostering a thriving investment environment and facilitating the commencement of business activities within the nation.
The Ministry of Investment of Saudi Arabia has designed this e-visa service to empower international prospects and employees of foreign entities with a streamlined application process. Mohammed Abahussain, Deputy of Integrated Investors Services at the Ministry of Investment, explained that the platform will oversee the entire application process and digitally issue authorizations through the unified national Visa platform of the Ministry of Foreign Affairs.
This innovative approach eliminates the need for physical visits to Saudi missions and embassies abroad for biometric data collection.
The expanded eligibility criteria cover individuals from countries listed on the “Invest in Saudi” platform, as well as those holding valid tourist or business visas from the United States, United kingdom, and Schengen countries.
Furthermore, individuals with permanent residency in the United States, the United kingdom, or European countries can also avail themselves of this service. Additionally, individuals with valid residency for a minimum of three months in Gulf Cooperation Council countries and entities licenced by the Ministry of Investment are eligible for three immediate visas per year.
Saudi Arabia’s transition to digitalize it’s visa application process represent a significant step in welcoming global investors, reaffirming it’s commitment to economic growth and international cooperation. This transformation paves the way for a more prosperous and interconnected future for the kingdom and it’s global partners.
Saudi Arabia is a new home for international investment and the visa process has been made easy for interested investors.
