Saudi Arabia is making big moves in clean energy. With a $5.3 billion investment into 10 green energy projects delivering over 6,500 megawatts by the end of 2024, the country is pushing hard toward a sustainable future. And if you’re a global investor looking to be part of that future, there’s one key requirement: a
Saudi Arabia’s Ministry of Human Resources and Social Development has unveiled new Saudization targets for dentistry, pharmacy, accounting, and technical engineering professions, aiming to localize 269 roles as part of Vision 2030.
A Real Estate License in Saudi Arabia is important for foreign investors who want to enter the country’s growing property market. With many opportunities available, investors must meet certain rules, like a minimum investment of 30 million SAR and avoiding investments in Mecca and Medina. This guide explains the basic requirements, documents needed, and steps to get a real estate license, helping investors start their business smoothly in Saudi Arabia.
Introduced as part of Saudi Arabia’s Vision 2030, the Saudi Premium Residency program offers expatriates long-term residency with added benefits. Unlike traditional work visas, this program provides greater flexibility and a host of privileges, such as the right to own property and businesses in the Kingdom. Key Features Property Ownership: Premium Residency holders can own
Saudi Arabia has recently launched five new premium residency products, aiming to attract top talent and investments to boost the Kingdom’s economy. This move is part of Saudi Vision 2030, a strategic framework to reduce the country’s dependence on oil, diversify its economy, and develop public service sectors. The New Residency Categories Exceptional Efficiency: For
Overview Saudi Arabia is initiating major changes to its income tax regulations by proposing amendments to the ‘Income Tax Law.’ In the previous month, the kingdom’s Zakat, Tax, and Customs Authority (ZATCA) released draft laws, inviting public feedback until December 25 on modifications intended to revamp the tax code in alignment with its Vision 2030
Discover Lucrative Investment Opportunities in Saudi Arabia with the New Business Visit Visa Saudi Arabia has recently launched the “visitor investor” visa, a Business Visit Visa, in a joint effort by the Ministry of Investment and the Ministry of Foreign Affairs. This new visa is specifically designed to simplify and expedite the process for foreign
