Saudi Arabia is wide and economically stabled country of the world. The main source of finance is through oil experts to other region of the globe. This country has large number of commercial activities in the form of foreign companies and direct investment in different ongoing projects and new proposed projects. The majority of the countries offer investment visa or immigration to investors. In some cases this investment converts into permanent residence or citizenship. The investor family members are also eligible on the behalf of investor to live and enjoy the facilities of this country. Saudi Arabia is now welcomes and encourage world investors to invest in this country. There are different sectors in which an overseas investor can invest like oil and gas, construction, banking, information technology and telecommunication. Saudi Arabia already has stable economy and that is why it offers handsome profit against the investment money. However, this country prefers and encourages international investors having relevant experience of investment. Saudi Arabia Council of Ministers plan to assist foreign investors in this country who are planning to invest in this country. The Saudi Arabia immigration department establishes the General Investment Commission to frame and impose rules and regulation in this regard. This department assists and facilitates the overseas investors during their investment process.
Saudi Arabia investor visa process
Saudi Arabia welcomes foreign investors with heavy investment in different sectors and in this way they will increase the economy of this country. The initial and primary requirement for this investment is that the national of this country sponsor an overseas investor to invest in this country. The sponsor initially gets permission from Saudi Ministry of Foreign Affairs for visa. In case of approval of application the Ministry of Foreign Affairs will refer this case to its embassy in the investor native country. The other copy is also dispatched to sponsor living in Saudi Arabia. The legal and authorized sponsor of the investors will submit this case on the behalf of the investors in this country. There are few compulsory documents required for this case like valid passport of the investor visa applicant, statement of his religion and medical fitness certificate. The overseas investors will also attach his detailed curriculum vitae with this application. Once this process is completed then the investor will receive his investor visa from Saudi Arabian embassy of his country. This visa category does not permit the visa holder to get a job on this behalf. Saudi Arabia being an Islamic country does not allow drugs and other violation from overseas investors. However, it is necessary for the investors to understand current rules and regulation in this regard because rules may change with the passage of time.
Saudi Arabia investor visa requirement
Saudi Arabia investor visa allows the investor to live and run their business in this country. This visa needs some basic requirements from the investor and he must be fulfilled all these requirements. The basic requirement for this investor visa is that the investor must have that amount of capital that is required for this investor visa. The investor must have his own money without any loan sanction or any other unfair means. The followings are some fundamental requirement for this investor visa like.
1. Investor visa application Form duly filled and signed by the applicant.
2. Valid passport of the overseas investor and validity must be over two years.
3. Birth certificate of the visa applicant attested and verified from his country foreign office.
4. Fresh passport sized color pictures of the applicant.
5. Medical fitness certificate from the authorized and recommended hospital included HIV test. 6. Investor certificate copy issued from SAGIA.
7. Investor visa processing fee receipt.
8. Capital or money holding proof in the form of bank statements or other documents.
9. Security clearance certificate from the belonging country of the investor visa applicant.
