Daijiworld Media Network - Riyadh

Riyadh, Aug 16: In a landmark step, Saudi Arabia has approved the use of digital identification for non-Saudi, non-resident foreigners to own real estate, paving the way for the upcoming Non-Saudi Real Estate Ownership Law, set to take effect on January 21, 2026.

Under the new system, foreign buyers must obtain a digital ID via the Absher platform, open a Saudi bank account, and secure a local contact number before legally acquiring property. The rollout is coordinated by the General Real Estate Authority in partnership with the Ministry of Interior, the Saudi Data and Artificial Intelligence Authority (SDAIA), and other relevant bodies.

The law repeals the 2000 framework and modernizes foreign property rights. It defines “Non-Saudis” broadly to include individuals, foreign-incorporated companies, non-profits, and other legal entities approved by the Council of Ministers. For the first time, designated zones across the Kingdom will allow foreigners to acquire or own real estate, opening new opportunities for investment.

Restrictions remain in Makkah and Madinah, where only Muslim foreigners may own property. The law also outlines rules for foreign companies, investment funds, and special-purpose entities, as well as fees and penalties, including disposal fees of up to 5% and fines up to SAR 10 million for violations.

Oversight will be managed by a restructured board of the General Real Estate Authority, with representatives from government ministries, key agencies, and the private sector. A dedicated committee will enforce the law, including monitoring usufruct rights.

This initiative aligns with Saudi Arabia’s Vision 2030 goals, aiming to create a transparent, accessible, and regulated property market that attracts international investment while safeguarding religious, social, and security interests.