Saudi Arabia’s Real Estate General Authority (REGA) has announced a new set of regulations on property ownership for foreigners, according to Gulf News.
Starting from January 2026, non-Saudis will be allowed to own only officially registered properties and they have to fully disclose all mandatory ownership information.
The updated law — part of the Real Estate Ownership by Non-Saudis Law approved in July — introduces a total 10% on foreign property ownership, combining taxes and fees.
The new farmwork also noted that those who will commit any violations shall pay fines of up to SR10 million, while any property acquired through false or misleading information will be auctioned publicly.
Five categories of non-Saudis will be eligible, including foreign individuals, foreign companies, Saudi companies with foreign shareholders, non-profit entities, and diplomatic missions.
The REGA will announce further details regarding the regulatory guidelines accompanied by detailed maps covering cities such as Riyadh, Jeddah, Makkah, Madinah, and other governorates.
The authority will also unveil permissible ownership percentages, property types, grace periods as well as procedural rules.
Therefore, foreigners and foreign companies can purchase property for residential or commercial use within designated zones. However, such ownership will be governed by fees, restrictions, and procedural requirements specified in the law’s executive regulations.
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