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Saudi property ownership for foreigners by 2026

Jassim Karadan

Jassim Karadan

Senior Business Consultant

In a bold step toward opening its economy, Saudi Arabia will officially allow foreigners to buy property starting in 2026. This landmark announcement is set to reshape the Kingdom’s real estate landscape and unlock a new era of global investment opportunities. Learn more on Saudi property ownership for foreigners with J K.

At J K Management Consultancies, we break down what this means for foreign investors, expats, and the broader Saudi economy.

What’s Changing in 2026?

Under the current laws, foreigners have limited rights when it comes to property ownership in Saudi Arabia. However, by 2026, the Kingdom will implement a comprehensive policy allowing non-Saudis to buy real estate, including residential, commercial, and investment properties even in previously restricted areas.

According to the Saudi Real Estate General Authority, the new law is part of a broader economic transformation under Vision 2030, aiming to boost transparency, attract international capital, and diversify the economy away from oil.

Why This Is a Big Deal for Foreign Investors

The ability to own property in Saudi Arabia opens new doors for:

Key Highlights of the 2026 Real Estate Reform

Impact on the Saudi Real Estate Market

The announcement has already triggered interest from property developers and global investors. Expect a spike in demand, especially in cities like Riyadh, Jeddah, Dammam, and new smart cities like NEOM and The Line.

Experts predict:

How J K Can Help You

At J K Management Consultancies, we are ready to assist international investors and expats with:

Final Thoughts

Saudi property ownership for foreigners is not just a policy update; it’s a paradigm shift. By 2026, Saudi Arabia aims to be a top real estate destination for global buyers and now is the time to prepare.

Stay ahead of the curve. Let J K Management Consultancies guide you into the future of Saudi real estate.

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