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Saudi Central Bank launches draft «Banking Law» to solicit public feedback

Reading time: 2 Minutesأعلن البنك المركزي السعودي طرح مشروع “نظام البنوك” لطلب مرئيات العموم، داعيًا في هذا الصدد العموم والمهتمين والمختصين “تعزيزًا لمبدأ الشفافية والمشاركة” إلى إبداء مرئياتهم ... Read more

29/01/2023

Saudi Central Bank
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

يفصّل المقال فوائد ومخاطر تعدد تراخيص الإعلان العقاري ويقترح التنظيم أو الحصرية كحل.

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

وزير المالية: نظام نزع الملكية الجديد يضمن تحقيق التعويض العادل وحفظ المال العام

يوحّد إجراءات نزع الملكية ويكفل تعويضًا بقيمة السوق مع إضافة 20% وإعفاءات ضريبية لمدة خمس سنوات.

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

الهيئة العامة للعقار توضح خطوات تسجيل الدخول، إدخال الآيبان، وتفعيل المحفظة والتحقق عبر أبشر لاسترداد المبالغ.

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.

Tariq Al-Shaheeb: New maps to be issued based on the updated white land fee regulations during the next phase

New regulation allows flexible fees of up to 10% and sets standards and mechanisms for issuing maps approved by the Minister of Municipalities

Infographic: Highlights of the Executive Regulations for White Land Fees

The regulation sets a fee of up to 10% for white land within the urban area and applies to areas starting from 5,000 m².

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