The Core of Vision 2030

Launched in 2016, Vision 2030 is built around three pillars:

• A vibrant society: improving quality of life, tourism, culture and healthcare.
• A thriving economy: attracting global investors, boosting private sector growth and creating jobs.
• An ambitious nation: strengthening government efficiency and international partnerships.

In simple terms: Saudi Arabia is opening its doors to the world.

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What Does This Mean for Foreign Businesses?

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1. Major New Opportunities

Projects like NEOM, the Red Sea Project and Qiddiya are creating demand in construction, tourism, tech, renewable energy, healthcare and more. Explore the booming sectors in Saudi Arabia to see where your business can benefit.

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2. The Regional HQ Program

From 2024, foreign companies must have a regional HQ in Saudi Arabia to compete for many government contracts. For businesses targeting public sector opportunities, this is critical. Understand the difference between a branch and subsidiary in Saudi Arabia before setting up your entity.

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3. New Immigration and Visa Pathways

Reforms have made it easier to bring in international talent — from Investor Visas to new residency options for entrepreneurs and skilled professionals. Read our guide on business visa options for Saudi Arabia.

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4. Saudization & Workforce Planning

Employers must meet local hiring quotas. Planning a compliant HR strategy is now just as important as business licensing. Learn more about the impact of Saudization on foreign companies.

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Both Opportunities and Challenges

For international companies, Vision 2030 brings both opportunities and challenges.

• Entry processes have become faster and more streamlined.
• Compliance requirements are stricter and demand greater attention to detail.

The reforms also create more opportunities than ever before, particularly in sectors such as tourism, technology and renewable energy. At the same time, the rapid pace of change means that tailored legal and immigration advice is essential to navigate evolving rules with clarity and confidence. It’s an environment full of potential — but success requires preparation.

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Our Take

Saudi Arabia is no longer a market to “watch.” It’s a market to enter strategically. Whether you’re expanding from Dubai, setting up a new entity, or relocating talent, the right guidance makes the difference between delays and a smooth, compliant landing. Our Saudi Arabia office and legal teams in Dubai are here to support you at every step.

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Ready to Take the Next Step?

Our legal and immigration experts can guide you on:

• Entity setup
• Work visas and sponsorship
• Saudization requirements
• Compliance and growth strategy
  
  

Contact and Disclaimer

Should you have any questions regarding the above information, or require assistance with your immigration or global mobility matters, please don’t hesitate to contact our legal team at Hudson McKenzie. You can reach us by email at gccinfo@hudsonmckenzie.com or by telephone at +44 (0) 20 3318 5794.

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For office locations, please visit our Our Offices page.

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The information provided in this blog is for general guidance only and does not constitute legal advice.

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