US EditionSaudi Cabinet Approves Updated Foreign Property Ownership Regulations
- Saudi Arabia's Cabinet, chaired by Crown Prince Mohammed bin Salman, has approved a new law allowing non-Saudis to own property within the Kingdom, effective January 2026.
- The law permits foreign ownership in specified areas, including Riyadh and Jeddah, and enhances real estate development.
- Minister Majid Al-Hogail stated that the reform aims to increase real estate supply by attracting global investors and ensuring a stable market.
- The Cabinet also discussed international cooperation and acknowledged Saudi Arabia's leading role in global cybersecurity.
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12 Articles
The Siasat Daily
MathrubhumiSaudi Arabia approves law allowing foreigners to own property
Jeddah: In a landmark policy shift aimed at boosting foreign direct investment and expanding real estate opportunities, Saudi Arabia’s Cabinet, chaired by Crown Prince and Prime Minister Mohammed bin Salman, has approved a new law enabling non-Saudis to own property within the Kingdom. The law is set to come into force in January 2026. The law allows foreign individuals and entities to own property in designated areas, including the cities of Ri…
The Saudi Cabinet, chaired by Crown Prince Mohammed bin Salman, approved a system for non-Saudis owning real estate in its session held today in Jeddah.
Saudi Cabinet approves new property ownership law for foreigners
Saudi Arabia’s Cabinet, chaired by Crown Prince Mohammed bin Salman, approved a new law regulating property ownership by non-Saudis, alongside key decisions on digital safety, logistics, and international cooperation.
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