Saudi Arabia’s Qiwa platform, affiliated with the Ministry of Human Resources and Social Development, has announced a reduction in the number of instant visas available to newly established businesses, limiting eligible companies that are less than two years old to a maximum of five visas.
The move forms part of the kingdom’s broader efforts to regulate workforce recruitment and support labor market policies aligned with Saudisation objectives.
According to the platform, businesses that have been operating for more than two years may obtain up to 50 instant visas. These visas can be issued through a single application or multiple applications submitted at the entity level within the same week, according to a report by Saudi Gazette.
Establishment programme offers phased visa access
Qiwa also outlined the provisions available to businesses enrolled in its establishment program. Under the program, eligible entities that meet the required criteria will initially receive two visas.
The platform noted that the allocation may be increased over time if the business achieves a higher Saudisation rate, providing employers with an incentive to strengthen local workforce participation while expanding their recruitment capacity.
The update is expected to affect newly established companies seeking to recruit talent from outside the kingdom, particularly during the early stages of growth. More
By https://gulfbusiness.com/ Nida Sohail
