Saudi Arabia to outline 170 geographical scopes for non-Saudi property possession

RIYADH — Saudi Arabia is making ready to outline roughly 170 geographical scopes the place non-Saudis could personal actual property or purchase actual rights throughout the Kingdom, based on official clarifications revealed on the newly launched Saudi Properties platform by the Actual Property Normal Authority.The deliberate scopes are anticipated to cowl possession zones in main cities together with Riyadh and Jeddah, in addition to cities and governorates throughout the Kingdom, with particular provisions associated to Makkah and Madinah. The geographical scopes doc is predicted to incorporate detailed maps figuring out permitted places, possession percentages, forms of actual rights, length of possession permissions, and regulatory controls relevant to non-Saudi homeowners.Nonetheless, the authority emphasised that the geographical scopes doc has not but been issued, and that detailed info will solely be launched as soon as all required regulatory approvals are accomplished.In response to the authority, the geographical scope by which non-Saudis could personal actual property or purchase actual rights shall be decided by a choice of the Council of Ministers, primarily based on a proposal from the authority’s board of administrators and approval by the Council of Financial and Growth Affairs. Financial concerns, safety necessities, and inhabitants density shall be among the many key elements taken under consideration when defining eligible areas.The authority confirmed that possession within the cities of Makkah and Madinah shall be permitted solely for Muslim people, and solely inside accepted geographical scopes. Such possession shall be topic to particular necessities that respect the spiritual specificity and sovereign standing of the 2 holy cities.Below the up to date actual property possession rules issued in 1447 AH (2025), eligibility has been expanded to incorporate people, Saudi corporations with international possession, non-profit entities, and diplomatic missions. Possession is permitted throughout accepted zones for varied property sorts, whereas sovereign and security-sensitive places stay excluded.The up to date framework marks a major shift from the earlier rules issued in 1421 AH (2000), below which possession by non-Saudis was extra restricted, restricted to particular property sorts and places, and fully prohibited in Makkah and Madinah, the place solely usufruct rights had been permitted.The authority famous that the system regulating non-Saudi possession of actual property is designed to arrange property possession by residents and international buyers according to nationwide pursuits and financial priorities, whereas safeguarding Saudi Arabia’s spiritual, cultural, and social id.It added that any geographical scopes doc — in addition to future amendments — shall be topic to strict regulatory procedures, together with alignment with the Kingdom’s common possession coverage and formal approval by the Council of Ministers in accordance with the regulation.The authority pressured that additional particulars on possession zones, controls, and implementation mechanisms shall be introduced formally as soon as the geographical scopes doc is finalized and accepted.

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