The Saudi Council of Ministers approved on Tuesday the Executive Regulation of the Law of Real Estate Ownership by Non-Saudis.

The Saudi Council of Ministers approved on Tuesday the Executive Regulation of the Law of Real Estate Ownership by Non-Saudis.

Saudi Properties Portal to Accept Applications for Foreign Real Estate Ownership

New Saudi regulations expand real estate ownership rights for foreign individuals and companies, opening residential, commercial and industrial property markets.

RIYADH: New regulations governing non-Saudi ownership of real estate will boost business expansion and competitiveness of the Kingdom’s investment environment, ministers have…