Publication
Saudi Arabia Opens Real Estate Market to Foreign Ownership: New Law Effective January 2026
In light of the substantial transformations in the Kingdom of Saudi Arabia in recent years, it comes as no surprise that the real estate market in Saudi Arabia has also undergone significant developments. On 8 July 2025, the Council of Ministers approved the 'Law of Real Estate Ownership and Investment by Non-Saudis', allowing foreign individuals and companies to own real estate within the Kingdom. This new law marks a significant shift in property regulations. It is expected to take effect in January 2026 and will replace the old framework from 2000.
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