new law – FMN https://thefmn.com Sun, 07 Dec 2025 21:36:04 +0000 en-US hourly 1 Foreigners Can Now Buy Land in Saudi Arabia https://thefmn.com/6690/ https://thefmn.com/6690/#respond Sun, 07 Dec 2025 21:22:37 +0000 https://thefmn.com/?p=6690 The new Law establishes a clear regulatory framework allowing non-Saudi individuals and entities—whether residents or nonresidents—to own and invest in real estate within specific zones approved across the Kingdom. This reform supports Saudi Arabia’s Vision 2030 objectives by attracting foreign investment, broadening the property market, and encouraging urban growth, while still upholding key regulatory protections. Overall, it represents a major shift toward a more open and investor-friendly real estate environment for non-Saudis.

Under the Law, non-Saudis may own real estate or obtain property-related rights within areas designated by the Council of Ministers. These rights include:

  • Full ownership, granting legal title to real estate

  • Other real rights, such as usufruct (use and benefit of property), easements, and similar entitlements

Those eligible to own property under the Law include:

  • Non-Saudi individuals, regardless of residency status

  • Non-Saudi companies, whether or not they operate in the Kingdom

  • Diplomatic missions and international organizations (subject to reciprocity and Ministry of Foreign Affairs approval)

  • Non-Saudi nonprofit entities

  • Saudi companies with foreign shareholders

 

The law will be effective from January 2026.

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