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The Economic Times
The Economic Times

Saudi Arabia introduces online portal for foreign property ownership

Saudi Arabia has launched a new digital platform that allows foreign investors, residents and companies to apply for property ownership in the Kingdom, marking a key step in opening up its real estate sector to international participation. The move is part of the implementation of the Foreign Real Estate Ownership Law, which came into effect in January 2026.

Under the new framework, foreign investors, companies and entities are permitted to own property in designated areas across the Kingdom, subject to regulatory approval and geographic restrictions. The system is structured to widen participation while maintaining oversight of ownership patterns in strategic locations.

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