I 'm a foreigner businessman
2006-12-17 01:42:23 · 13 answers · asked by Anonymous in Travel ➔ Africa & Middle East ➔ Saudi Arabia
First of all, you can't invest without finding a partner who is Saudi. Second, if you do find someone, I would recommend investing in something for females e.g. a beauty parlor. I don't mean a little one with two hairdressers and that's all. I mean a huge place where women can get haircut, faical, manicures, pedicures, buy clothes and lingerie etc. (there has to be a coffeeshop too...Starbucks would be nice). You would have to find really good people to work there...preferably foreigners. It's a goldmine. You could make a lot of money. Trust me, I am a female living in SA...the women here are willing to pay lots of money to look good.
2006-12-19 04:02:19 · answer #1 · answered by sapphire 3 · 0⤊ 0⤋
Land...property...if you're looking for something smaller; mobile phone shops always run good.
What will probably not run as good are shops selling music, extremely luxurious items, small produce(fruits and vegetables) shops(most people shop from hypermarkets now) etc
Of course, you'll have to do it under the name of a citizen, foreigners aren't allowed set up a business here.
2006-12-17 10:50:46 · answer #2 · answered by Anonymous · 1⤊ 0⤋
OIL!!! You just can't go to Saudi Arabia. You have to have a job then the company who hires you will be your sponser and they will get you a work visa. Then when you get to Saudi Arabia, the company will take your passport from you and will not give it back until you get your final exit visa. You will get it of course if you go to other countries on vacation. Then the best thing to do is go on vacation and not go back!!!!!
2006-12-20 02:32:31 · answer #3 · answered by monkey 3 · 0⤊ 1⤋
thats a tough one....i dont live in saudi arabia at the moment..i am in tokyo...i do animation for a living...but i grew up in saudi arabia and i am a citizen.....
as for investment? well....at the moment its all stocks....and its difficult for foriegners to enter the stock market....however...finding a distributer in saudi arabia...for any goods....is always a good way to go....lots of saudi people set up private businesses importing goods from everywhere.....and it makes alot of money....some of my friends r doing well....and my retired father is doing the same....its one of the easiest ways to make money in the country since nothing is produced locally....my advice is....find a product u think lacks in saudi arabia....no matter what it is (really...even toilet paper would make u rich)...and find a distributer....its as simple as that...
2006-12-18 07:20:37 · answer #4 · answered by Bader 2 · 1⤊ 0⤋
I would invest my money somewhere else, but I hope that the following link will help you making up your mind.
http://www.the-saudi.net/saudi-arabia/toc.htm
The a.m. link will provide you with all kind of contacts and the whole economy of KSA.
Check out point 1: Investment climate!
good luck!
2006-12-17 11:00:10 · answer #5 · answered by Anonymous · 1⤊ 0⤋
ALTHOUGH , I DO NOT THINK THAT ASKING IN YAHOO ANSWERS YOUR QUESTION IS A GOOD IDEA FOR AN INVESTOR , I WOULD ADVICE YOU TO INVEST IN YOUR OWN COMPANY THAT YOU ESTABLISH WITH A LOCAL PARTNER.
AND I THINK THAT ALL THE MATERIALS RELATED TO THE
HOUSING SECTOR IS IN DEMAND IF YOU CHOOSE THE RIGHT AREA. BEST OF LUCK
2006-12-20 11:32:36 · answer #6 · answered by abdelhamidelsayed 3 · 0⤊ 0⤋
If you are ready to invest 250,000 US $ for a service company send me an email.
2006-12-19 07:00:16 · answer #7 · answered by marechal_00 5 · 0⤊ 0⤋
I guess your best option would be to invest in the stocks. specially pick the time when it is low (like now) and buy some stocks & sell them when it goes up again.
but only enter the stock market when it is low otherwise it is very upreddictable.
2006-12-17 10:54:04 · answer #8 · answered by nadonora 5 · 0⤊ 1⤋
find a local partner 1st then find a project worth investing in
or keep in bank and live out of it .
2006-12-17 10:26:12 · answer #9 · answered by sas35353535 7 · 0⤊ 1⤋
gas stations
2006-12-19 13:27:21 · answer #10 · answered by Snuz 4 · 0⤊ 0⤋