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Foreigner real estate ownership rules a boost for investment, say ministers after Cabinet approval
RIYADH: New regulations governing non-Saudi ownership of real estate will boost business expansion and competitiveness of the Kingdom’s investment environment, ministers have said. The changes, including the geographical zones for non-Saudi real estate ownership, were approved by the Cabinet — chaired by Custodian of the Two Holy Mosques King Salman bin Abdulaziz — on June 23. The move comes as Saudi Arabia’s real estate sector is experiencing rapid growth, underpinned by the Kingdom’s Vision 2030 economic transformation agenda.
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saudigazette.com.sa
Cabinet approves 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.
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morningstar.com
Saudi Properties Portal to Accept Applications for Foreign Real Estate Ownership
Saudi Properties Portal to Accept Applications for Foreign Real Estate Ownership
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gulfnews.com
Saudi Arabia approves bylaws allowing wider foreign ownership of real estate to boost investment
New Saudi regulations expand real estate ownership rights for foreign individuals and companies, opening residential, commercial and industrial property markets.
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arabnews.com
Foreigner real estate ownership rules a boost for investment, say ministers after Cabinet approval
RIYADH: New regulations governing non-Saudi ownership of real estate will boost business expansion and competitiveness of the Kingdom’s investment environment, ministers have…
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newsbytesapp.com
Indians can now buy homes in Saudi Arabia
Saudi Arabia now permits foreign property ownership, offering Indian expats an alternative to renting