Tuesday, November 7, 2023
Saudi Arabia launches 2nd phase of Visiting Investor visa for all
The second phase of the issuance of electronic business visit visas, known as "Visiting Investor e-Visa," has been launched by the Ministry of Foreign Affairs (MOFA) in Saudi Arabia, in partnership with the Ministry of Investment. See Also : Online appointment for Fahas is must in Saudi Arabia
The second phase of the business visit visa (Visiting Investor visa) will include all investors from the remaining countries of world that were not previously mentioned.
- According to a statement released on the official account of the Ministry of Investment (MISA), the ministry, in collaboration with the Ministry of Foreign Affairs, has initiated a new initiative in Saudi Arabia that aligns with the goals of Saudi Vision 2030. This initiative involves the introduction of a 'Visiting Investor' e-visa, which aims to empower international investors to initiate projects, facilitate investments, and promote trade opportunities.
- The purpose of this phase is to simplify the process for investors to acquire knowledge about investment prospects in Saudi Arabia. Additionally, it aligns with the objectives outlined in Saudi Vision 2030, which seeks to position Saudi Arabia as a major investment powerhouse with a strong competitive edge. Recommend : An establishment fined with 1 million riyals in Riyadh for amending product's expiry dates
- In interest of enhancing international investments within its borders, Saudi Arabia has undertaken ongoing initiatives. In June of the current year, the Ministry of Investment Saudi Arabia (MISA), in partnership with the Ministry of Foreign Affairs (MOFA), launched the initial stage of the business visit visa program.
- The purpose of this visa is to ease the process for foreign investors to investigate the booming investment opportunities in the Kingdom. It provides businessmen with a chance to acquire more comprehensive knowledge about the investment climate in the country. See Also : Retirement Age is still based on a lunar calendar in Saudi Arabia
How to obtain the Investor Visiting Investor visa :
One can initiate the process of obtaining a business visit visa (specifically, the visitor investor category) by utilizing the unified national visa platform offered by the Ministry of Foreign Affairs (https://mofa.gov.sa). This can be accomplished through a straightforward and user-friendly electronic procedure.
The application procedure will be quickly finalized, and the electronic visa will be immediately issued by the digital embassy. Subsequently, it will be sent to the investor by email. Follow Saudi Expatriates on X
