Saudi Cabinet approves foreign property areas

The Saudi Council of Ministers, in its meeting chaired by King Salman bin Abdulaziz, approved the designation of specific geographical areas where non-Saudi nationals are permitted to own property. This decision is part of the implementation of the non-Saudis property ownership system, which came into effect in January. The system allows residents, non-residents, and non-Saudi companies to apply via the "Saudi Real Estate" portal, while also regulating the procedures for property ownership in the cities of Riyadh, Jeddah, Mecca, and Medina. Additionally, certain restrictions specific to Mecca and Medina have been set for individuals and companies that are non-Saudis, with these regulatory frameworks to be announced during the first quarter of 2026.

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