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Foreign investors and residents own real estate in the Kingdom

Foreign investors are entitled to <a style="color: #800000;" href="https://amlak.net. to own real estate for personal housing or investment, subject to conditions, including obtaining the approval of the entity that granted the investment license and that the value of the invested property is more than 30 million Saudi riyals in case the goal is investment and also the minimum investment period is 5 years, but he is not entitled to buy in the holy places of Mecca and Medina, but he has the right to rent for investment.

A foreigner residing in the Kingdom has the right to own real estate for housing, but with conditions, including a valid residence permit, not being wanted for arrest and residing in the Kingdom.

They must also obtain the approval of the Ministry of Interior and have the right to own only one property and apply through the Absher platform.

As for citizens of the Kingdom of Saudi Arabia. As for GCC nationals, they are allowed to own a residential property within the Kingdom and can own a maximum of 3 properties.

Also, the spouse of a citizen of the Gulf Cooperation Council (GCC) is allowed to own a property.

Also, the wife of a Saudi citizen is allowed to own a residential property except for the holy sites of Mecca and Medina.