Saudi Arabia launches new portal for foreigners to buy property
Riyadh, June 26 -- Saudi Arabia has unveiled a new digital platform allowing eligible foreign individuals, companies and investors, including Indians, to apply for property ownership in the Kingdom under the Foreign Real Estate Ownership Law.
In a statement posted on X, the Real Estate General Authority (REGA) announced that applications are now open through the Saudi Properties portal, the government's official platform for foreign property ownership. The authority said the portal offers a single digital gateway for applicants to check their eligibility, explore approved real estate opportunities, submit applications and monitor their requests.
The launch follows the Saudi Cabinet's approval on Tuesday, June 23, of the executive regula...
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