Foreign Investor Rights in Saudi Arabia

Saudi Arabia has witnessed radical transformations in its investment environment within the framework of Vision 2030. The new investment law provides extensive guarantees for foreign investors. Fundamental Rights of Foreign Investors The new Saudi Investment Law guarantees a set of rights for foreign investors including: 1. Full ownership of investment projects 2. Freedom to transfer profits and returns 3. Protection from confiscation or expropriation 4. Equal treatment with local investors 5. Right to resort to arbitration for dispute resolution Sectors Open to Foreign Investment The Kingdom has opened new sectors to foreign investment including education, health, tourism, entertainment, and technology.