The invention is suitable for the technical field of plant planting in saline and alkaline land, and provides an alfalfa seed coating agent suitable for the saline and alkaline land as well as a preparation method thereof. The coating agent comprises the following components in percentage by weight: 15 to 19 percent of urea, 13 to 17 percent of monoammonium phosphate, 9 to 12 percent of polyaspartic acid, 6 to 10 percent of sinorhizobium meliloti, 9 to 12 percent of ABT rooting powder, 6 to 9 percent of vinegar residues, 5 to 9 percent of a desalting agent, 4 to 8 percent of a water-retainingagent, 4 to 7 percent of boric acid, 4 to 7 percent of water, 2 to 4 percent of argil powder and 2 to 4 percent of talcum powder. Therefore, the invention provides the alfalfa seed coating agent for the saline and alkaline land, which can increase the germination rate of the alfalfa seeds and increase the yield of the alfalfa in the saline and alkaline land.