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Saudi Gazettesaudigazette.com.sa

Cabinet approves Executive Regulation of the Law of Real Estate Ownership by Non-Saudis (opens original article in a new tab)

TL;DR

Saudi Arabia's Cabinet approved regulations allowing non-Saudis to own real estate and endorsed several international agreements.

  • Saudi Cabinet approved Executive Regulation of Real Estate Ownership by Non-Saudis
  • Non-Saudis can now own various types of real estate with authority approval
  • Cabinet also endorsed multiple international agreements and initiatives

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