How to obtaining an investor profession letter in Saudi Arabia?

Unlocking Investor Profession Opportunities in Saudi Arabia: A Step-by-Step Guide

Are you looking to obtain an investor or general manager profession in Saudi Arabia? Here’s a streamlined process to guide you:

1. Eligibility Criteria:

• Investment License: You must hold a new or existing investment license in Saudi Arabia.
• Documents Required: Passport copy or residence permit if residing in the Kingdom. Proof meeting one of the following criteria:

2. Criteria and Proof:

• Innovative Activity: Registered patents or intellectual property rights used in your business activities.
• Export Focus: For existing licenses: Export ratio over 80%, sales of at least 15 million SAR, and product specifications compliance. For new licenses: A plan showcasing export intent.
• Saudi Employment: Employing at least 50 people with a balanced ratio of Saudis and foreigners.
• Capital Requirement: Existing licenses: Assets of at least 37.5 million SAR with 50% in cash. New licenses: Demonstrate financial capability to cover capital and operating expenses.

3. Rules and Restrictions:

• Each entity can have only one investor profession holder.
• No legal issues or pending cases in Saudi Arabia or abroad.
• Minimum university degree required for applicants.

4. Compliance Deadline:

• If criteria aren’t met, adapt within 24 months or before the second license renewal.

5. Application Process:

• Visit the official website for complaints and inquiries.

6. Expected Processing Time:

• Approximately five working days.

For more details or to start the application, visit Global Saudi Partners Ensure you’re prepared with all necessary documentation to streamline your process!

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