Saudi Arabia

ECONOMIC GROWTH AND STABILITY

SOCIAL AND CULTURAL TRANSFORMATION

The Kingdom is undergoing significant changes under Vision 2030, leading to improvements in lifestyle, entertainment, and overall well-being.

WORLD-CLASS INFRASTRUCTURE

Major cities like Riyadh and Jeddah are rapidly developing modern healthcare facilities, educational institutions, and recreational amenities.

A CULTURAL HUB

HISTORIC SITES: 28,202

CULTURAL SITES: 17,495+

VISITORS AT SEASONAL EVENTS: +7 MILLION

ANNUAL TOURIST TARGET: 70 MILLION BY 2030

UNESCO WORLD HERITAGE SITES: 6

Saudi Arabia boasts a rich cultural heritage with 10,000 historic sites and over 100 cultural sites. The country is home to 6 UNESCO world heritage sites, attracting millions of visitors. Seasonal entertainment events draw over 7 million visitors, contributing to the Kingdom’s goal of attracting more than 70 million tourists by 2030.

THE FUTURE OF THE REGION

ECONOMIC TRANSFORMATION

Vision 2030 is driving unprecedented growth and diversification in Saudi Arabia, reducing oil dependency and expanding into new sectors.

YOUNG, EDUCATED POPULATION
Saudi Arabia boasts a young, educated workforce committed to innovation, positioning the country to become a leading global business hub.

100% FOREIGN OWNERSHIP

BUSINESS-FRIENDLY REFORMS
The Kingdom has implemented reforms including 100% foreign ownership in many sectors, creating a fertile environment for investors.

A STABLE ECONOMY

ECONOMIC POWERHOUSE

$2.7 TRILLION GDP (2024)

Largest economy in the Middle East, 19th globally. Vision 2030 Impact: Non-oil sectors now contribute 50% to GDP.

FINANCIAL STABILITY

$2 TRILLION IN ASSETS (2023)

Sovereign Wealth Fund projected to manage $2 trillion in assets by 2030. Low Inflation: Stable inflation rate of 2% in 2024.

INVESTMENT ATTRACTION

$4.27 BILLION IN FDI (2024)

FDI Growth: Attracted SAR 16 ($4.2) billion in FDI in 2022. Tax Incentives: 30-year corporate tax exemption for regional HQs.

ECONOMIC MILESTONE

$76 BILLION (2024)

Budget Surplus: $76 billion surplus in 2024, the first in nearly a decade. Labour Participation: 66% participation rate, bolstered by Saudization policies.

INFRASTRUCTURE AND ECONOMIC ENVIRONMENT

01

INFRASTRUCTURE DEVELOPMENT

Saudi Arabia is investing heavily in infrastructure with new cities, airports, and transportation networks, creating a modern and efficient environment.

02

BUSINESS ENVIRONMENT

The country offers a stable and secure business environment, with strong government support and a secure investment climate. Foreign companies setting up regional headquarters in Saudi Arabia can benefit from a 30-year corporate tax exemption.

03

HIGH RETURNS

Due to increasing demand and limited supply of high-end properties, luxury real estate in Saudi Arabia offers up to 7% returns on investment (ROI).

04

BOOMING WEALTH

Saudi Arabia boasts a growing number of wealthy individuals fuelling the demand for luxury real estate, creating lucrative investment opportunities.

A YOUNG & URBANIZED POPULATION

EDUCATION INVESTMENT

Significant investments in world-class universities and research institutions, such as KAUST and Princess Nourah bint Abdulrahman University.

STEM FOCUS

Growing emphasis on STEM education, creating a skilled workforce equipped for a modern economy.

FEMALE WORKFORCE

Significant increase in female workforce participation, growing to over 36% by 2024.

ENTREPRENEURSHIP

Rising entrepreneurship programs, supported by government initiatives like Monsha’at for SMEs.

OVER 63% OF THE POPULATION IS UNDER 30

The Saudi government has implemented various training and upskilling programs, such as the Human Capability Development Program. The Kingdom is also attracting global talent through initiatives like the Premium Residency (Green Card) Program and fostering a culture of innovation in tech-driven sectors like fintech, AI, and renewable energy.

A FLOURISHING REAL ESTATE MARKET

GOVERNMENT SUPPORT

$620bn PUBLIC INVESTMENT FUND (PIF)

5th among the world’s largest sovereign wealth funds. Full Government Support: Grants, subsidies, and funding programs available.

INVESTOR-FRIENDLY POLICIES

0% INCOME TAX

0% income tax. 100% foreign ownership. Stronger investor protections and streamlined dispute resolutions.

RESIDENCY BENEFITS

JEDDAH

Known as the “Gateway to Mecca,” Jeddah attracts millions of pilgrims. It is also a major port city with significant investments in waterfront developments.

RIYADH

The capital city and business hub. Riyadh is home to several major infrastructure projects, including the King Abdullah Financial District.

UP TO 8% ROI

Invest in a property with the potential to earn 6 to 8% rental yields annually, offering a strong return on investment.

4M SAR

Investing in residential properties worth at least 4 million Saudi Riyals ($1.07M) grants exclusive residency rights and access to premium services.