Saudi Arabia is planning to allow foreigners to buy residential and business properties, including in the holy cities of Makkah and Medinah.
Arab News reports that a new law which will allow foreigners to buy all kinds of real estate properties is “in its final stages and will be made public in a short period,” according to the Kingdom’s Real Estate General Authority chief Abdullah Alhammad.
This comes after Saudi Arabia issued a directive in 2021 allowing non-Saudi, legal residents of the…
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