Saudi Arabia is taking a bold step towards global investment with the launch of the second phase of electronic business visit visas, aptly named "Visiting Investor." This expansion opens doors to investors from all corners of the world, supporting the ambitious Saudi Vision 2030.

1. Expanding Investment Horizons:

The Ministry of Foreign Affairs (MOFA), in partnership with the Ministry of Investment (MISA), is unveiling the second phase of "Visiting Investor" visas. This initiative extends the invitation to global investors, encompassing countries not included in the initial phase.

2. Empowering Global Investment:

This strategic move reflects Saudi Arabia's commitment to the goals of Saudi Vision 2030. "Visiting Investor" visas empower global investors to initiate projects, foster investments, and bolster trade opportunities within the Kingdom.

3. Easing Investor Journeys:

One of the key objectives is to facilitate the investor's journey to explore Saudi Arabia's investment landscape. This endeavor supports foreign investors in their quest to discover the abundant opportunities the Kingdom has to offer.

4. Achieving Vision 2030:

The ultimate aim is to realize the objectives set forth by Saudi Vision 2030, which strives to position Saudi Arabia as a dominant and attractive force in the global investment arena, thereby enhancing its competitive edge.

5. Earlier Phases:

In June of this year, the Ministry of Investment, in collaboration with MOFA, introduced the first phase of the business visit visa. This visa was designed to simplify the exploration of Saudi Arabia's thriving investment environment, offering businessmen valuable insights into the country's investment landscape.