Business visit electronic visa namely ‘visiting investor’ has been launched in Saudi Arabia by the Ministry of Foreign Affairs, in cooperation with the Ministry of Investment. The new visa service aims to facilitate foreign investors’ trips to Saudi Arabia to personally explore investment opportunities in the Kingdom.
The single national platform for visas, which has simpler and easier computerised procedures, is the way to apply for a business visit visa, according to the Ministry of Foreign Affairs.
The investor's visa will be immediately issued when the application has been processed, according to the ministry. Investors who are nationals of various nations would benefit from the service in the first phase, according to the government. In the following phase, nationals of additional nations will be allowed to use the visa service.
The ministry highlighted that the new visa service aids in meeting the goals of the Saudi Vision 2030, which calls for the Kingdom to be a dominant investor and to be competitively attractive.
