Saudi Arabia is preparing to fully open its real estate market to foreigners starting from January 2026. This was reported by Zamin.uz.
Under the new regulations, foreign citizens will have the right to purchase various types of property within the country. These property types include residential homes, commercial buildings, agricultural land plots, industrial areas, and other real estate.
The most interesting news is that Muslims will now be able to buy property in the cities of Mecca and Medina. Ownership rights in these two holy cities will be granted exclusively to Muslim citizens.
This, in turn, will serve to create comfortable living conditions for Muslims who come for Hajj and Umrah pilgrimages every year. According to Saudi Arabian officials, these reforms aim to diversify the country's economy, attract international investments, and develop tourism.
Experts believe that the new law will create broad opportunities for foreign investors and may bring a new stage of development to the country's economy. At the same time, the possibility of owning property in Mecca and Medina is generating great interest among the Muslim community.
This is expected to contribute to expanding convenient infrastructure for visitors coming to the sacred pilgrimage sites.
