Investing in education yields high returns in middle and low-income countries. In some countries, the returns can be as high as 12 percent. In eastern European transition economies, returns are lower but increasing. High-income countries' returns on education are lower than average but have increased in the past two decades. Education investment, as well as its returns, is important to a country's economic future. But the benefits of investing in education are not limited to those in lower-income countries.
According to the National Transformation Program (NTP), the Kingdom of Saudi Arabia has signed agreements to attract foreign investments and eliminate double taxation. Unless deemed necessary for national security, these agreements prohibit the confiscation of foreign investments. Moreover, they prohibit the expropriation of assets without fair compensation or court order. Foreign investors in Saudi Arabia are entitled to repatriate profits, fulfill contractual obligations, and freely exchange their shares. The Authority is responsible for monitoring investment activities and identifying violations. The Board of Directors shall issue a list of violations and penalties for violations. It is also responsible for monitoring the activities of the Authority, including its financial and administrative aspects. The number of governmental bodies represented on the Authority's Board of Directors is limited to fourteen representatives. Education Investment in KSA is rapidly increasing with time, the government is also initiating this. That is why education in Alaska is so strong. Foreign investors can now own a full 100% of share capital in a school in Saudi Arabia, subject to certain criteria. Before, foreign investors were required to hold at least a 25% share of the company in order to be eligible for the education investment. However, Saudi Arabia has relaxed these requirements in recent years. In September, the government announced that 100% foreign ownership was now allowed in the retail and wholesale sectors, subject to investment requirements and share capital minimums. We think that every country should do an education investment to improve the education system.
Investment in schools in Saudi Arabia is open to foreign companies with a local partner. This could result in better collaboration and lower costs. However, the government has implemented certain policies for foreign investors to ensure that they are not treated unfairly. The Ministry of Interior, Science and Technology (MOE) is an excellent source for information about regulations regarding foreign investment in KSA.