Saudi Arabia approves digital ID to allow foreigners to own property ahead of 2026 law

Saudi Arabia approves digital ID to allow foreigners to own property ahead of 2026 law

Saudi Arabia has approved the use of digital IDs for non-resident foreigners to own property, ahead of a new real estate law taking effect in January 2026. The law enables broader foreign ownership, including by individuals, companies, and non-profits, while imposing specific restrictions and penalties. Ownership in Makkah and Madinah remains limited to Muslim individuals under strict conditions.