New Saudi rules limit foreign property ownership from 2026
Saudi Arabia restricts foreign property ownership with new rules from January 2026
Dubai: Foreigners in Saudi Arabia will be allowed to own only registered properties and must disclose all required information under new real estate ownership rules set to take effect January 2026, the Real Estate General Authority (REGA) said.
10% combined fees and strict penalties
The updated law, part of the Law of Real Estate Ownership by Non-Saudis approved in July, introduces a combined 10 percent in fees and taxes on foreign ownership. Violations could result in fines of up to SR10 million, and properties bought through false information will be auctioned publicly.
Who can own property
Five categories of non-Saudis will be eligible:
Foreign individuals
Foreign companies
Saudi companies with foreign shareholders
Non-profit entities
Diplomatic missions
Ownership zones and regulations
REGA is expected to publish detailed maps and guidelines soon, covering cities such as Riyadh, Jeddah, Makkah, Madinah, and other governorates. These will specify permissible ownership percentages, property types, grace periods, and procedural rules.
Foreigners and foreign companies may buy property for residential or business use in designated zones, but ownership will remain subject to fees, restrictions, and regulatory procedures outlined in the law’s executive regulations.
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