Saudi Arabia Introduces New Visa Policies for High-Income Individuals

Saudi Arabia has introduced a new visa policy targeting high-income individuals, particularly those earning more than USD 13,000. The policy, effective from this year, aims to attract affluent expatriates and diplomats who have been residing in the country for over 70 years. This initiative is part of a broader strategy to enhance economic and diplomatic ties, though it excludes certain groups from accessing these benefits. The new visa rules are designed to streamline the process for high earners, emphasizing the country's focus on attracting global talent and investment. However, the Saudi government has yet to release detailed guidelines or formalize all aspects of the policy.