Saudi Arabia Expands E-Visa Services, Opening Doors to Global Investors

In a major stride toward enhancing accessibility for international investors, Saudi Arabia has revolutionized its visa application process, taking it online and making it available to investors from all around the world.

The Kingdom of Saudi Arabia has unveiled the second phase of its groundbreaking “Investor Visitor” e-visa service, expanding its reach from approximately 60 nations to encompass every country on the globe, as reported by the Saudi Press Agency.

Seamless Online Application Process

International investors no longer need to physically visit a Saudi embassy for visa applications. Instead, they can now apply for the “Investor Visitor” e-visa through a user-friendly online platform.

This digital visa is not only convenient but also versatile, allowing for multiple entries and boasting a validity period of up to one year.

Also Read: Saudi Arabia Extends e-Visa Access to Six New Countries

Immediate Access to Investment Opportunities

Some fortunate applicants may receive immediate access, enabling them to explore a multitude of investment opportunities within the Kingdom.

This significant development aligns with Saudi Arabia’s Vision 2030 initiative, which focuses on fostering a thriving investment environment and facilitating the commencement of business activities within the nation.

Streamlined Application Process

The Ministry of Investment has designed this e-visa service to empower international prospects and employees of foreign entities with a hassle-free application process.

Mohammed Abahussain, Deputy of Integrated Investors Services at the Ministry of Investment, explained that the platform will manage the entire application process and digitally issue authorizations through the unified national visa platform of the Ministry of Foreign Affairs.

This groundbreaking approach eliminates the need for physical visits to Saudi missions abroad for biometric data collection.

Expanding Eligibility Criteria

This expansion encompasses individuals from countries listed on the “Invest in Saudi Arabia” platform, as well as those who already possess valid tourist or business visas from the United States, the United Kingdom, or Schengen countries. Furthermore, individuals with permanent residency in the US, the UK, or EU countries can also take advantage of this service.

Additionally, individuals holding valid residency for a minimum of three months in Gulf Cooperation Council countries and entities licensed by the Ministry of Investment are eligible for three immediate visas per year.

Saudi Arabia’s move to digitalize its visa application process is a significant step towards welcoming global investors, reinforcing its commitment to economic growth and international collaboration. This transformation paves the way for a more prosperous and interconnected future for the Kingdom and its global partners.