Investors

Everyone that is spending money in KSA is an investor in KSA. Any person that is paying for an Iqama from his pocket, spending on visas , renting a house, paying for bills and spending on transport in the country is an investor.

Let us now admit and realize that this has become a capitalist society. Your expenses, buying power and potential to spend is what categorizes you.

I think it is about time that people get the service they PAY for.

ASCS, my works and activities bring good amounts of money into the kingdom. We have many Saudis on our payroll. We are contributing to this economy and society. And, our financial activity is transparent. This means, all transactions are bank transactions and so easily traceable. No grey areas in our work.

Let us just say that if we spent half of what we spend here in ANY other country, we would get a 5 star status.

Every expatriate that is spending money here is an investor. They should have these privileges:

1. No exit-reentry – a person should be able to come and go as many times as they want during the validity of their Iqama

2. No sponsor : Visa and stay should be granted on financial capability and dependence analysis ( is the expatriate dependent on sponsor or is the Sponsor financially dependent on the expatriate.. in most cases the sponsor is 100% dependent on the expatriate)

3. Longer Iqama status.  Investors and Spenders in KSA should not be pestered constantly with renewals. Thus, duration of iqama should be at least 3- 5 years.

Fair ENOUGH?

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