Saudi Arabia to Allow Foreigners to Own Property Starting in 2026

November 22, 2025 - 21:29

Middle East News: Saudi Arabia is set to open its real estate market to foreign investors starting January 2026, enabling property ownership and investment in various sectors while promoting economic diversification and growth. This landmark decision is part of the Kingdom's broader Vision 2030 initiative, aimed at reducing its dependence on oil revenue and attracting international investment.

The new regulations will allow foreigners to purchase residential, commercial, and industrial properties across the country. This move is expected to stimulate the real estate market, creating new opportunities for foreign investors and contributing to the overall economic landscape of Saudi Arabia.

Authorities anticipate that this policy will not only boost the local economy but also enhance the country's appeal as a destination for international businesses and expatriates. As the Kingdom continues to implement reforms and modernize its economy, this initiative marks a significant step toward fostering a more open and competitive market environment.