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Premium Residency and Creating New Markets

Reading time: 2 Minutesالإقامة المميزة وصناعة أسواق جديدة عبدالرحمن بن علي آل قوت نظام الإقامة المميزة في السعودية هو برنامج يهدف إلى جذب المستثمرين والمواهب الواعدة من خارج ... Read more

Residency system attracts investors and talent, boosts demand for luxury real estate and stimulates new markets and services

12/01/2024

Abdulrahman Al-Qout - Real Estate Sales - Multiple Options - Selling Residential Units
Al-Haqeel

وزير الإسكان يعلن النطاقات الجغرافية لرسوم الأراضي البيضاء بالرياض

الخريطة تحدد خمس شرائح برسوم سنوية: 10%، 7.5%، 5%، 2.5% وشريحة خامسة معفاة.

Public Authority for State Properties

“State Properties” clarifies timetable for disbursement of expropriation compensation

Announcement of deadlines for submitting applications, evaluating properties, paying compensation, and completing transfers within six months

Riyadh - Business - Localization of real estate activities and professions

Everything you need to know about the new expropriation system

It standardizes expropriation procedures and guarantees compensation at market price plus 20%, tax exemptions, and protection of owners' rights.

Yousef Hamad Al-Dosari - Real Estate Advertising

Multiple real estate advertising licenses

The article details the benefits and risks of multiple real estate advertising licenses and suggests regulation or exclusivity as a solution.

Governor of the State Property Authority: New expropriation system guarantees fair compensation and tax incentives

Appraisal by certified appraisers at market rate plus 20% and a five-year tax exemption when purchasing a replacement property.

Cabinet approves public interest expropriation and temporary seizure of real estate

The system standardizes expropriation and temporary seizure procedures and guarantees fair compensation at market value plus 20% as assessed by certified appraisers.

Minister of Finance Mohammed Al-Jadaan - Real Estate Transaction Tax Executive Regulations

Minister of Finance: The new expropriation system ensures fair compensation and preservation of public funds

It standardizes expropriation procedures and guarantees market value compensation with the addition of 20% and tax breaks for five years.

Dr.. Dr. Hamoud Al-Faleh 2

White Land Fees: Anti-Monopoly, Sustainable Market

Includes flexible fees up to 10% and vacancies starting from 5%, with a 90-day grace period, regulations, and exemptions.

Ministry of Municipalities and Housing

Ministry of Municipalities and Housing develops unified system to manage and maintain roads Details

A new digital solution that uses geospatial analysis to track road assets, prioritize maintenance and rationalize budgets.

Infographic | Requirements for the Land Registry's Deed Sorting Service

List of documents required to complete the sorting of the units: Electronic deed, building license, electric meters, and AutoCAD plan.

Rent - Residential Contracts - Refunds

Infographic: Steps to get a refund from an Ejar wallet

The Public Authority for Real Estate explains the steps to log in, enter your IBAN, activate your wallet, and verify via Absher to receive a refund.

White Land Fees Program

In detail... Articles of the Executive Regulations of White Land Fees after being published in the Official Gazette

The regulation clarifies definitions, formation of the evaluation committee, criteria for calculating fees, application ranges, and white land development conditions.

Tariq Shahib: Vacant real estate regulation to be issued within a year

The regulation includes the definitions and mechanism of the annual fee, the application limit ≥5000m² and the division of cities into five segments with fees up to 10%.

Zakat, Tax and Customs Authority

“Zatca invites businesses to submit VAT returns for July

The application deadline ends on August 31, 2025 for establishments with an annual supply of more than SAR 40 million, with late penalties.

Infographic / White Land Fees Regulation: Details of conditions, incentives and evaluation mechanism

The system defines the scope of application, assessment mechanisms, fee rates, incentives, registration obligations, and revenue allocation for housing.

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