Step-by-Step to the Investor Visa Saudi Arabia

The investor visa Saudi Arabia is a strategic pathway designed to attract foreign capital and expertise and promote economic growth and diversification in the Kingdom. This visa enables international investors to live and operate their businesses in Saudi Arabia, tapping into its rapidly growing markets in sectors such as real estate, technology, energy, and finance.

In this article, we will review the types of investor visas in Saudi Arabia, their financial requirements, benefits, and how to apply for them in a clear and easy way.

What is an Investor Visa Saudi Arabia?

The investor visa in Saudi Arabia serves as a valuable gateway for foreigners looking to invest in the Kingdom. It allows them to reside in the country by channeling their capital into various sectors such as real estate, energy, technology, and finance.

This visa offers benefits not only to the investor but also to their family, granting them the opportunity to live and settle in a thriving economic environment with modern infrastructure. Launched as part of Saudi Arabia’s efforts to attract foreign investment, this initiative provides flexible long-term residency options and fosters a business-friendly climate that supports sustainability and growth.

Types of Investor Visa Saudi Arabia

There are two types of investor visas in Saudi Arabia, which are as follows:

1-   Temporary Residency with Lower Investment Requirements

This visa is an ideal option for foreign investors who wish to start business or investment projects in Saudi Arabia without meeting the high financial criteria required for permanent residency. It grants the ability to live and work in the Kingdom for a limited period, with the possibility of renewal as needed.

This visa features a low minimum investment threshold, making it suitable for investors looking to test the Saudi market or launch small projects. It is also an attractive option for entrepreneurs and startups, especially in technology and innovation sectors, allowing them to establish their businesses without the need for substantial initial capital.

Read also: A Complete Guide to Premium Residency Visa Saudi Arabia

2- Traditional Permanent Residency
This visa is granted to investors planning long-term investments in Saudi Arabia by establishing large-scale business operations or participating in the development of sectors such as real estate or strategic partnerships with local companies.

Permanent residency offers investors and their families stability and broad economic opportunities within Saudi Arabia, guaranteeing the right to reside for an extended period. It also provides a secure and stable investment environment, enabling them to manage their businesses confidently and benefit from the Kingdom’s economic system advantages.

Check out: Conditions to Buy Property in Saudi Arabia for Foreigners

Financial Requirements to Qualify for the Investor Visa Saudi Arabia

The financial criteria vary depending on the type of investment and sector, and include:

• Renewable Residence Permit: Granted for an investment of 100,000 Saudi Riyals (approximately 27,000 USD) for those seeking short-term residence with the option to renew.
• Permanent Residency: Available for a fixed amount of 800,000 Saudi Riyals (approximately 213,000 USD) for individuals aiming for long-term residence and commitment to the country.
• Minimum Age: Applicants must be at least 21 years old to qualify for the visa.
• Fast Approval: Applications are typically processed within about one month.
• Business Ownership: The visa allows direct ownership and management of local companies.
• Financial Compliance: Applicants must comply with global accounting standards such as International Financial Reporting Standards (IFRS) or Generally Accepted Accounting Principles (GAAP) to ensure transparency in financial operations.

Benefits of the Investor Visa Saudi Arabia

The investor visa Saudi Arabia offers several advantages that make it an attractive option for those wishing to live and invest in the Kingdom, including:

• Long-Term Residency: Depending on the type of visa, investors can obtain a renewable long-term residence or permanent residency.
• Business Growth Opportunities: The visa enables investors to establish and register companies easily in Saudi Arabia, benefiting from a supportive economic environment, tax incentives, and large markets.
• Property Ownership: Certain categories of investors are allowed to own real estate in Saudi Arabia, a privilege not usually granted to foreigners in other countries.
• Family Sponsorship: Investors can sponsor their immediate family members for residency, facilitating their relocation and family reunification.
• Tax Incentives: Visa holders may benefit from tax relief depending on the nature of their investments.
• Ease of Travel: The visa allows smooth travel within the Gulf countries and other parts of the Middle East, thanks to regional visa agreements.

How to Obtain the Saudi Investor Visa and Application Procedures

The process of obtaining an investor visa in the Kingdom of Saudi Arabia is relatively straightforward but requires careful attention to important details. To apply for the visa, investors must follow these steps:

1. Prepare a comprehensive investment proposal that includes a clear business plan outlining the nature of the project and its expected impact on the local economy.
2. Submit the application through the Saudi INVEST, where the relevant authorities will review the investor’s financial and commercial background.
3. The application will be reviewed and approved, which may take several weeks to months depending on the complexity of the submitted file.
4. Upon approval, the visa will be issued, which can be either a temporary or permanent residence visa depending on the type of investment.

Required Documents for Obtaining the Saudi Investor Visa:

• A valid passport with at least six months’ validity remaining.
• Proof of financial capability, such as bank statements, investment agreements, or employment contracts.
• Documents proving business or investment registration.
• A detailed business or investment plan outlining the nature of the investment and its potential impact.
• Proof of property ownership (if the investor intends to purchase real estate).
• Health insurance documents for the applicant and accompanying family members.
• A certificate of no criminal record to ensure there are no legal obstacles preventing the issuance of the visa.

Learn about: Best Law Firms In Saudi Arabia: Etqan Lawfirm – 0553320060

Investor Visa Saudi Arabia Cost

The cost of obtaining an investor visa in Saudi Arabia varies depending on the type of visa, the investment amount, and additional administrative fees. These costs may include application fees, visa issuance fees, as well as legal expenses related to company formation or property purchase. Depending on the size of the investment, the total cost can range from a few thousand riyals to significantly higher amounts for large-scale investments.

Conclusion:

The investor visa Saudi Arabia Visa presents a valuable opportunity for foreign investors seeking to establish themselves in one of the Middle East’s most dynamic economies. Whether you choose temporary residency with lower investment requirements or stick to traditional permanent residency, investors can enjoy numerous benefits, including business ownership, family sponsorship, and a supportive regulatory framework.

The Etqan Al Mutamayza Law Firm is ready to provide the essential support you need. You can reach their team at the following mobile numbers: +96656113776, +966541110440, +966504315333.

Additionally, feel free to visit our branches located at:

• Jeddah: Al-Aziziyah District, Mohammed bin Abdulaziz Street (Tahlia)
• Riyadh: King Abdulaziz Street, across from the Kingdom Tower
• Dammam: Al-Ashri’a Street, Al-Badeea, Dammam 32415.

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