Expands investor e-visa to all countries to facilitate FDI

On November 6, 2023, the Government of Saudi Arabia launched the second phase of the "Visiting Investor" electronic business visit visa program, extending its coverage to all countries worldwide. The "Visiting Investor" e-visa is designed to attract foreign investors who can apply for it through the Ministry of Investment's "Invest Saudi" platform, eliminating the need for consultations with Saudi representative offices abroad to collect biometrics. This visa is valid for one year and grants multiple entries.

Furthermore, the Government has expanded eligibility for the instant e-visa to individuals from countries listed on the Ministry of Investment's "Invest Saudi" platform. This includes individuals holding valid tourist or commercial visas from the US, the UK, or any Schengen country, provided they have previously visited these countries. Additionally, individuals with permanent residency in the US, the UK, or any EU country, as well as those with valid residency for at least three months in any GCC country, are also eligible to benefit from this e-visa offering.

• Type:

  • Treatment and operation (Immigration regulations)
  • Promotion and facilitation (Investment facilitation , Other)

• Industry:

  • Not industry specific

• Sources:

  • Government of Saudi Arabia, Saudi Arabia Launches Second Phase of 'Visiting Investor' Visa to Include All World Countries clock-icon Monday 22/04/1445, https://www.spa.gov.sa/en/N1992173, 06 Nov 2023
  • saudigazette, Saudi Arabia launches 2nd phase of electronic business visit visa to cover all countries, https://saudigazette.com.sa/article/637424/SAUDI-ARABIA/Saudi-Arabia-launches-2nd-nbspphase-of-electronic-business-visit-visa-to-cover-all-countries, 06 Nov 2023
  • gulfbusiness, Saudi Arabia expands investor e-visa to all countries, https://gulfbusiness.com/saudi-arabia-expands-investor-visit-visa-offering/, 06 Nov 2023