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It is applied next year .. “Today” publishes the details of the non -Saudi possession system for the property

The implementation of the updated system of non -Saudi property to the property begins 180 days after its publication in the Official Gazette, and therefore the system will be influential in January 2026.
The executive regulations will be issued during the same period to clarify the required mechanisms and procedures, as the non -Saudis ownership system for the property is one of the regulatory legislation of the real estate ownership process within the Kingdom of Saudi Arabia by non -Saudis individuals, companies and entities.
The updated system of non -Saudi ownership of the property
This is in accordance with specific controls and criteria that guarantee the compatibility of providing ownership with the national interest and the economic and organizational directions of the Kingdom and takes into account its religious, cultural and social privacy.
The system was prepared in order to take into account the lack of influence on the citizens ’opportunities in ownership and housing or its impact on the price balance in the real estate market.
Where the system and its executive regulations guarantee controls and determinants of ownership that work to make a more flexible, stable and diversity market in which opportunities are available to all, and the resources are managed to include a comprehensive national development plan, where the system contributes to:
Increasing real estate supply and achieving real estate balance: The system contributes to increasing the real estate supply in general and residential in particular, and thus reducing the gap between supply and demand, which leads to reducing prices.
Raising the quality of real estate projects: It will enhance the entry of international developers and qualitative direction companies towards improving design, implementation, and services, which raises the level of real estate products in the local market, and increases competition for quality and well -known price.
Stimulating growth in the real estate market: The effect of the system is not limited to residential properties only, but the impact on all types of commercial, industrial and tourism real estate stimulates, which stimulates the economic movement and serves the targets of economic cities and major projects.
Providing job opportunities and developing the local real estate sector: With the implementation of the expected new real estate projects after the entry into force of the system, the demand for real estate brokerage, contracting, construction, evaluation, facilities management, property management, law management, real estate and engineering consultations leads to creating job opportunities.

The goals of a system that owns non -Saudis for the property

  • Attracting foreign direct investment to the Saudi real estate market.
  • Enhancing the contribution of the real estate sector to the local product.
  • Keeping global competencies and talents by enabling them to stabilize.
  • Raising the contribution of non -oil sectors to support the national economy.
  • The development of the economy and the diversification of income sources in a sustainable manner.
  • Improving the quality of urban and urban life.

5 main principles in the non -Saudi possession system for the property

Sovereignty: The state maintains its full sovereignty in determining the geographical scope, types of in -kind rights, and the proportions of ownership, to confirm the system that ownership is not an end in itself, but rather a way to support the economy and stimulate urban development, and achieve added economic and development value.
Transparency: The system enhances transparency through the imposition of real estate registration, full disclosure, and the approval of penalties for any manipulation of information or values, which preserves the investor’s confidence, ensures the fairness of the market, and prevents any irregular practices. The system also included the potential to enhance transparency by clarifying all provisions, materials and procedures through a unified digital platform for real estate transactions.
Citizen’s priority: The system is based on providing ownership of non -Saudis, individuals, companies and entities, ensuring clear controls that take into account the public interest, preserve the privacy of Saudi religious and cultural society, and guarantee the priority of the citizen and the stability of the local market.
Conservation of rights: The system guarantees the preservation of rights to all parties by direct linking to the real estate registration system, documenting ownership and in -kind rights, and reducing disputes. It also defines clear mechanisms for subsequent real estate behaviors, and enables documenting all rights in a way that enhances reliability in the real estate market.
Governance: The system has identified clear responsibilities for the organizational authorities, and the act of oversight integration between the relevant regulations, while granting powers to judicial bodies and specialized committees to consider violations and objections, and he also delegated the concerned authorities to issue executive regulations and decisions, to ensure the fair and in line with the real estate market variables, and the executive regulations will include all the details of the procedures and the journey of the beneficiary in the most accurate details in order to seek to seek to seek The system makes a unique experience that keeps pace with the progress of the Kingdom of Saudi Arabia in all fields.

15 materials with a system of non -Saudis for the property

The updated system of non -Saudi ownership of the property included 15 articles, where the system clarified the basic definitions, organized the legal and objective framework for non -Saudi ownership and acquisition of in -kind rights on the property within the Kingdom of Saudi Arabia by non -Saudis individual, whether resident or non -residents, or non -Saudi companies or non -Saudi non -Saudi entities.
He also defined those who have the right to possess these groups, and referred the identification of geographical domains that include the types of in -kind rights and others to a decision issued by the Council of Ministers, and the system also included the provisions of the property ownership in the cities of Makkah Al -Mukarramah and Al -Madinah Al -Munawwarah.
He explained the provisions of ownership of companies that share the ownership of their capital, non -Saudis, and stressed that no additional privileges are given to non -Saudi when he owns the property.
He also linked ownership to registration in the real estate registry to preserve rights, impose fees on real estate actions, and identified violations, penalties and fines arising from them.
Including the actions taken when providing misleading data. He also established committees specialized to consider violations, and organized the judicial objection procedures.

The categories that are available to possess

The non -Saudi person with a natural character (resident and non -resident)
Non -Saudi companies (which have a presence inside the Kingdom or that have no presence)
Foreign non -profit entities.
International representatives and bodies (according to the reciprocity and the approval of the Ministry of Foreign Affairs).
Saudi companies, which share the ownership of their capital, non -Saudi.
Companies, funds, or facilities with special purposes that share the ownership of their non -Saudi capital.

Conscience sites and ranges for non -Saudi

According to the system, the Council of Ministers determines the geographical scope that is allowed to be owned, and the General Authority for the Real Estate will publish the domain document.
The in -kind rights that are permissible to acquire and the most maximum attribution rates will include.
Riyadh and Jeddah: The ownership will be available in it, including specific areas and according to a studied methodology in a way that does not affect the real estate balance in it.
Makkah and Medina: ownership is prohibited in them except on special conditions for Muslims or according to specific organizations.

The requirements of real estate ownership of non -Saudi

– Full disclose all the data and information required by the system and explained in the executive regulations.
– The property is required to have ownership registered in the “real estate registry”.

Fees and fines for a system of non -Saudis ownership of the property

– The system included the main landmarks of the fees and will be detailed in the executive regulations, and the most important of these features mentioned in the system:
Imposing fees and taxes with a total of 10%, including: real estate actions tax, and a fee for real estate actions on non -Saudis.
– Financial fines when violating the regulations amounts to 10 million riyals at violations, and selling the property by auction in the event of having misleading information.

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