Where To Invest Your Money In Saudi Arabia?
The decision of where to invest your money isn’t an easy one. Knowing where and what you’re going to invest in is the first thing to think of. Should you invest in stocks or real estate? This highly depends on where you’re going to invest your money. So, if you’re looking to invest your money in Saudi Arabia, we’ll advise you on what to invest in.
Why Invest in Saudi Arabia
Saudi Arabia is the largest country in the middle east and an economy that highly depends on oil. Saudi Arabia has been working to attract more foreign investors to diversify their economy away from oil and towards other sectors, including education, entertainment, and health.
On the Global Foreign Direct Investment Country Attractiveness Index, Saudi Arabia ranked as the 44thcountry in 2020. Since 2015, the Saudi stock market has been accessible for foreign institutional investors, but we’ll get into the details below.
Overall, Saudi Arabia opens a lot of doors for new opportunities. With a stable economy and a well-regulated banking system, it’s safe to give it a try.
So, where to Invest in Saudi Arabia?
Real Estate Investment in Saudi Arabia
To grow the economy, the Saudi government is looking to double the real estate market in Saudi Arabia. Currently, the real estate market accounts for almost 5% of the country’s GDP, but prices are low. New luxury condos and affordable houses are surfacing in Riyadh, Jeddah, and Dammam. While the holy cities, Mecca and Medina, are not open for investors. Still, investing in real estate is a good way to gain passive income.
With new transportation projects like the Riyadh Metro, real estate market prices are expected to increase, but prices vary from one location to the other. That’s why it’s recommended to hire companies like Quara Holding if you’re looking for land trading, real estate development, and strategic investment.
Business Investment in Saudi Arabia
You can invest in any business except oil and mining in Saudi Arabia, but it’s not that simple for foreigners. In hopes of increasing the national GDP of small and medium-sized companies, investment advisors can help you throughout the process.
If you’re interested in investing in Saudi Arabia, there are three corporate structures to choose from. These include a limited liability company, branch office, or representative office.
Investment Funds in Saudi Arabia
Choose from mutual funds, exchange-traded funds, or bonds to invest your money. All these are types of investment funds which means multiple investors purchase secure financial assets while each investor controls his own shares. Investment funds open doors for new opportunities for a low amount of money.
Contact project management companies to know everything before investing. They’ll help you understand the risks, predict returns, know how to invest and how much to invest.
Stocks & Shares Investment in Saudi Arabia
One of the largest capital markets in the Middle East is the Saudi Stock Exchange. Foreign companies can acquire up to 49% ownership of any listed company. Sadly, foreign individuals cannot. Institutional investors work with banks to invest in the Saudi stock exchange market.
If you’re willing to invest your money in Saudi Arabia, choose what you want to invest in. Contact a company to understand the risks, predict returns, and know how much to invest.