Saudi Arabia Opens Property Market to Foreign Buyers in Major Policy Shift
Saudi Arabia Opens Property Market to Foreign Buyers in Major Policy Shift
Saudi Arabia Opens Property Market to Foreign Buyers in Major Policy Shift
Starting January 2026, Saudi Arabia will allow foreign nationals to purchase property in most cities across the kingdom, marking a significant step toward attracting international investment.
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However, foreign ownership will remain restricted in key cities including Makkah, Madinah, Jeddah, and Riyadh.
Key points of the new policy:
- Non-residents can purchase designated residential units.
- Commercial, industrial, and agricultural properties will be available for foreign ownership nationwide.
- Clear rules will govern ownership limits, registration, and fees to ensure a regulated market.
Officials say the move aims to boost investment, increase transparency, and create a sustainable property sector, signaling a major shift that could reshape Saudi Arabia’s real estate landscape.
Saudi Arabia Opens Property Market to Foreign Buyers in Major Policy Shift
