Advantages of obtaining a business visit visa to Saudi Arabia

The Ministries of Investment and Foreign Affairs in Saudi Arabia launched the second phase of the “Visitor Investor” business visa issuance service electronically to include the rest of the world in November 2023.

Providing this quality service to investors from abroad comes within the Kingdom’s efforts to achieve the aspirations of investment sectors that are consistent with Saudi Vision 2030. That aims to attract more segments of investors around the world. To improve the investment environment and facilitate the start of doing business. With a focus on attracting large-quality investments due to their effective role. In moving the wheel of the economy.

The business visit visa “visitor investor” is a visa that aims to provide foreign investors and employees of foreign establishments with the opportunity to apply for an electronic visit visa through the platform affiliated with the Ministry of Investment, “Invest in Saudi Arabia,” according to the Saudi News Agency.

Facilities provided to investors

The Kingdom of Saudi Arabia is concerned with its economy and its prosperity and aims to be an attractive investment destination that stimulates continuity and expansion. Therefore, a ministry concerned with investment was allocated. One of the most important tasks of which is to enable investors to access investment opportunities, and to provide them with facilities and flexibility. The following are some of the forms of facilities provided to investors:

1. Economic analysis of the market: This is done by providing various and standard information. Or by studying the case, providing and developing reports, sharing this information on databases, and assisting in feasibility studies.
2. Building partnerships: by linking with commercial and industrial entities, local companies, specialized services, and small and medium enterprises in the supply chain.
3. Preparing investor field visits, preparing logistics and reservations, and coordinating meetings with government agencies and relevant parties.
4. Providing services in searching for sites or lands suitable for the investor and linking him with real estate agencies to provide specialized assistance and evaluate the required sites or lands.
5. Coordinating with government agencies and providing advice on ways to apply for licenses, services, and visas required to start work
6. Providing advice on legal entity
7. Coordination with agencies specialized in assisting in starting work in the Kingdom
8. Coordination with agencies specialized in recruitment
9. Assistance with advertising, conferences, and press releases
10. Coordination with funding agencies to study the possibility of partnership and support
11. Introducing the incentives and support provided.
12. Providing recommendations on legislation after studying the reactions.
13. Assistance in providing investors’ opinions to legislative bodies.
14. Addressing operational problems for investors.

Types of visas for entrepreneurs and investors

Therefore, there are many types of visas that the Kingdom offers to its visitors and various types of investors, including:

• Business visas
• Request to issue visas (Entrepreneurship Initiative)
• Business visit visas

You can view and apply for all visas from the electronic visa platform.

What is the difference between a business visit and a business visit?

Benefits of a business visit visa

One of the most prominent features of the visit visa is providing this service to investors from abroad. This supports the efforts of the Kingdom of Saudi Arabia in achieving the aspirations of the investment sectors following the Kingdom’s Vision 2030.

Submitting the “Visiting Investor” business visit visa provides foreign investors. Those affiliated with foreign establishments have the opportunity to obtain an electronic visit visa through the Ministry of Investment platform.

This work visa is available for people who want to visit Saudi Arabia for work purposes and can be used for a year with multiple entries.

Documents required to obtain a visa:

1. Official invitation: You must obtain an official invitation from the institution or company in Saudi Arabia that you wish to visit. The invitation must contain the details of the visit and its purposes.
2. Proof of hotel reservation: You must provide proof of hotel reservation for the period you intend to stay in the country.
3. Personal photo: A recent personal photo must be submitted to be used in the visitor visa application.
4. Travel insurance: You must obtain travel insurance that covers the period of the visit, including medical insurance.
5. Filling out the application form The visa application form must be filled out and submitted to the relevant embassy.
6. Proof of financial resources: A document must be submitted showing the ability to cover the costs of the trip and accommodation in Saudi Arabia.