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Cabinet Approves Real Estate Transaction Tax Law

Reading time: < 1 Minuteرأس صاحب السمو الملكي الأمير محمد بن سلمان بن عبدالعزيز آل سعود ولي العهد رئيس مجلس الوزراء – حفظه الله -، الجلسة التي عقدها مجلس ... Read more

5% is levied on the value of the sale or transfer of the property and is payable upon real estate clearance or notarization.

18/09/2024

Real Estate Financing

The Saudi Arabian Monetary Authority (SAMA) introduces licensing rules for activities supporting public finance

Ministry of Justice. Najeez and Declarations

Ministry of Justice launches electronic inquiry service for declarations through Najeez portal“

Construction Techniques - Training Course

Saudi Real Estate Institute organizes a training course entitled «Owners Union» in cooperation with Jeddah Chamber

Buildings - Commercial Register - Contracting Projects - Workers' Residences - Shops - Construction - Real Estate - Investment

Modernizing and developing technical requirements for the buildings and spaces of private schools, warehouses, gas stations and private hospitals

Sustainable Building Program issues 50 certificates of qualification in November

Real estate prices

Ammar Al-Qahtani: The return of real estate developers, not the completion of stalled projects, will revive the market

Notaries - Sale of Real Estate

Real estate registration committee handles 1,150 complaints against government departments

Real Estate - Residential Projects - Residential Scheme - Real Estate Finance - Residential Schemes

Ministry of Housing denies news of canceling white land fees

Ownership of real estate

Lawyer Ali Al Mosharafi writes an analytical reading of the decision to regulate the ownership of real estate in the Kingdom

Investment

Ease of Doing Business Initiatives grants 9 instant visas to full-time business owners

real estate

Government agencies are instructed not to accept requests for proof of land ownership based on hand status or ordinary documents Reviewing the draft Real Estate Ownership Law

Contracting

Saudi Engineers Organization completes automation of temporary contract companies The Saudi Engineers Authority completes the automation of temporary contract companies

Competition system

Government Tenders and Procurement Law Regulations take effect on December 1st

Notaries - Sale of Real Estate

Through the Wathiq portal, the Ministry of Justice adds the service of inquiring about the details of real estate deeds electronically

Real Estate Development Center

The Real Estate Developer Services Center “Completion” approves 37 plans during October

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