{"id":113568,"date":"2021-08-20T10:11:22","date_gmt":"2021-08-20T10:11:22","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=113568"},"modified":"2021-08-20T10:11:26","modified_gmt":"2021-08-20T10:11:26","slug":"real-estate-saudi-arabia","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/blog\/real-estate-saudi-arabia.html","title":{"rendered":"Non-Saudis Can Own Real Estate in Saudi Arabia"},"content":{"rendered":"\n

Foreigners buying property in KSA<\/a><\/p>\n\n\n\n

Property options<\/a><\/p>\n\n\n\n

Buying property via Absher App<\/a><\/p>\n\n\n\n

In a first, the Kingdom of Saudi Arabia has allowed its legal residents, of any nationality an entitlement to a single property in the kingdom. This policy of foreigners buying property in KSA has opened new doors to what is being viewed as an investment tool which will surely allow the oil-rich country to rapidly develop its real estate market. If you are a legal resident of the KSA, this blog will help you plan your overseas investment, so carefully read through the details.<\/p>\n\n\n\n

Foreigners Buying Property In KSA<\/h2>\n\n\n\n
\"Buying
Buy residential property in the KSA on visa.<\/figcaption><\/figure>\n\n\n\n

The KSA has allowed non-Saudis, legal residents of the country, to buy single property. Details of this new policy have been shared at the e-service platform Absher which is used by all residents and visa holders in the kingdom to avail a range of government services. Absher online service is a platform that is readily used by all prospective and current visa holders in the kingdom. Absher smartphone application also provides services including renewing passports, applying for ID cards, paying traffic tickets, applying for or renewing migrant workers\u2019 visas, and obtaining hajj (pilgrimage) permits.<\/p>\n\n\n\n

By logging onto the portal, any legal resident of the Kingdom can browse through the process and apply. There is a three-point criteria which you must adhere to in order to be eligible for buying property. The criterion is as follows:<\/p>\n\n\n\n

1. A genuine and unexpired residency ID is required of the foreigner (Muqeem).<\/p>\n\n\n\n

2. The applicant must submit all details of the property as well as a copy of the title deed.<\/p>\n\n\n\n

3. He or she should not own any additional land in the Kingdom.<\/p>\n\n\n\n

Let\u2019s look at more details regarding the kind of property and its usage so if you are planning to invest, you can make an informed decision.<\/p>\n\n\n\n

Options For Foreigners Buying Property In KSA<\/h2>\n\n\n\n
\"Looking
Guide to buying property in KSA<\/figcaption><\/figure>\n\n\n\n

For all foreigners buying properties, there are certain conditions that have to be fulfilled. These conditions are:<\/p>\n\n\n\n