Saudi Arabia property market opens to foreign buyers under Vision 2030

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Saudi Arabia has enacted foreign ownership reforms and infrastructure programmes under Vision 2030, aiming to increase real estate’s GDP contribution from 7% to over 10% by 2030. Non-Saudi nationals may now purchase property in designated zones across Riyadh, Jeddah and the Eastern Province, with investors spending SAR 4 million qualifying for Premium Residency visas.

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