⚠️ No US–Saudi Tax Treaty: Saudi Arabia has no income tax treaty with the United States. Standard withholding rates apply (30% on US-source income) — but your ITIN + W-8BEN is still required for US platform and IRS compliance.
⚠️ Only use an IRS Certifying Acceptance Agent (CAA): A CAA can certify your original documents so you don't need to mail your passport to the IRS. ITINPlus operates as a CAA — we handle everything remotely via email.
Why Saudi Stock Investors Need a US ITIN
- US brokerages require W-8BEN for non-US account holders
- ITIN needed on Form W-8BEN for brokerage account verification
- Dividends from US stocks face 30% withholding without W-8BEN/ITIN
- Capital gains may have different treatment — W-8BEN clarifies status
- Required for Interactive Brokers, TD Ameritrade, and similar platforms
US Stock Market Withholding for Saudi Investors
Saudi investors holding US stocks receive dividends that are subject to 30% withholding (no treaty reduction available for Saudi residents). However, submitting a W-8BEN with your ITIN to your brokerage certifies your foreign status and may result in more favorable treatment on certain income types.
How It Works — 4 Simple Steps
1
Email Us
Send your details to apply@itinplus.com and we'll confirm eligibility.
2
Send Documents
Upload passport, tax forms, and supporting documents. We certify originals — no mailing required.
3
IRS Filing
We prepare and file Form W-7 with the IRS on your behalf as your CAA.
4
ITIN Received
Your ITIN arrives in 8–14 weeks. We notify you immediately.
$99
Flat fee · No hidden charges · Renewal: $199 · EIN add-on: $50
Frequently Asked Questions
Does Saudi Arabia have a US tax treaty?
No. Saudi Arabia has no income tax treaty with the United States. Standard 30% withholding applies to US-source income unless you file a W-8BEN with your ITIN.
What is the processing time for an ITIN?
ITIN processing takes 8–14 weeks after the IRS receives your Form W-7. ITINPlus submits directly as your Certifying Acceptance Agent (CAA).
How much does ITINPlus charge?
$99 flat fee for a new ITIN application. Renewals are $199. You can add EIN formation for $50 extra.
Do I need to mail my passport to the IRS?
No. As a CAA, ITINPlus certifies your passport copy so you keep your original. Documents are handled via email.
What form do I use to apply for an ITIN?
IRS Form W-7 (Application for IRS Individual Taxpayer Identification Number). ITINPlus prepares and files this on your behalf.
Do US brokerages accept Saudi investors?
Yes. Interactive Brokers, TD Ameritrade International, and several other brokerages accept Saudi residents. They require a completed W-8BEN with ITIN.