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The Kingdom opens its doors to property ownership across various regions, in accordance with regulatory standards that consider urban development and economic balance. Both individuals and companies can seize opportunities within major projects, special economic zones, and the ownership of residential and commercial lands, all in compliance with established regulations and within geographical scope determined by the Council of Ministers.
The recent update of the Law has been introduced in consonance with the Kingdom's developmental and economic transformations, serving as a catalyst for leveraging promising opportunities within the real estate sector. The Real Estate General Authority (REGA) is actively regulating real estate ownership through seamless regulatory integration, supportive legislation, and a robust digital infrastructure designed to streamline the ownership journey and enrich the experience for prospective property owners in the Kingdom of Saudi Arabia, thereby solidifying the Kingdom's position as a leading global real estate destination.
The Law aligns with the goals of Vision 2030 through the following:
Attract Foreign Direct Investment to Saudi Real Estate Market
Enhance Real Estate Sector's Contribution to GDP
Retain Global Competencies & Talents by Facilitating their Stability in the Kingdom
Increase Contribution of Non-Oil Sectors to National Economic Growth
Promote Sustainable Economic Growth and Income Diversification
Improve Quality of Urban Life
The Kingdom boasts a strategic geographical location, situated at the crossroads of three continents and overlooking three maritime fronts, making it a logistical hub and a connecting point for global trade routes.
Saudi Vision 2030 is an ambitious plan and one of the most prominent transformation projects the world has witnessed, serving as the primary driver of economic and investment growth, and promising opportunities across various sectors.
The Kingdom is undergoing a significant urban transformation marked by mega construction projects, such as NEOM, Qiddiya, and Red Sea Global—some of the most ambitious developments globally.
Saudi Arabia is recognized as a leader in infrastructure development, artificial intelligence, and digital transformation, making it a destination for global innovators and entrepreneurs.
The Kingdom features a rich cultural heritage and diverse geography, where mountains, deserts, and coastlines create enchanting environments and unique tourist destinations.
Visitors to the Kingdom consistently praise the authentic Saudi hospitality and generosity, rooted in the deep-seated cultural heritage of the Saudi people, which makes the living and residential experience unique and ensures a high level of safety.
The Kingdom operates with an effective government that prioritizes transparency and accountability. It flexibly addresses modern changes, efficiently manages resources, and maintains swift execution and performance monitoring.
With a population of over 35 million people, including citizens and residents, Saudi Arabia is distributed across 13 regions, each offering its unique investment, tourism, economic, cultural, and religious characteristics and advantages.
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Beneficiary support services represent a fundamental part of a unified and integrated system aimed at achieving beneficiary satisfaction by enhancing the efficiency of handling complaints, requests, and reports, while responding to inquiries effectively and efficiently. These services aim to strengthen online communication with officials at the Real Estate General Authority. This initiative aligns with the authority's commitment to improving the quality of services provided and enhancing the level of interaction with beneficiaries through official digital channels.
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