A non-Saudi investor licensed to engage in any professional, craft or economic activity may own real estate by engaging
activity - it is permissible on the basis of reciprocity for foreign representations accredited in the Kingdom to own the official headquarters and the residence of its president and members - a non-Saudi may acquire the right of ownership by any means other than inheritance, or The right of easement or usufruct on real estate located within the boundaries of the cities of Makkah and Madinah
1. a - A non-Saudi investor, who is a natural or legal person who is licensed to practice any professional, craft or economic activity, may own the property necessary to practice that activity, including the property necessary for his residence and the residence of his workers, after the approval of the authority that issued the license. It is also permissible to rent the aforementioned property, subject to what is stated in Article 5 of this Law.
b - If the aforementioned license includes the purchase of buildings or lands to construct buildings on them and investing them by selling or leasing, the total cost of the land and building project must not be less than thirty million riyals, and the Council of Ministers may amend this amount. It is also required that this property be invested within five years of its ownership.
2. Non-Saudi persons with a natural status residing in the Kingdom with a regular residence are allowed to own real estate for their own residence, after obtaining a license from the Ministry of Interior.
3. It is permissible - on the basis of reciprocity - for foreign representations accredited in the Kingdom to own the official headquarters and the residence of their head and members, and international and regional bodies may, within the limits of the agreements governing them, own their official headquarters, all on the condition of obtaining a license from the Minister of Foreign Affairs.
4. With the approval of the Prime Minister, in other than the previous cases, it is permissible to own real estate for private residence.
5. It is not permissible for a non-Saudi by any means other than inheritance to acquire the right of ownership or the right of easement or usufruct on a property located within the boundaries of the cities of Makkah and Madinah, with the exception of acquiring the right of ownership if accompanied by the endowment of the property owned in accordance with the Sharia rules on a specific Saudi authority, provided that it stipulates in The endowment, provided that the Supreme Council of Endowments has the right to supervise the detainee. However, a non-Saudi Muslim may rent a property within the boundaries of the cities of Makkah and Madinah for a period not exceeding two years, renewable for a similar period or periods.
6. Notaries public or any other competent authority is prohibited from documenting any behavior that does not comply with the provisions of this system.
7. The application of the provisions of this system shall not prejudice the following:
a - The property rights that were arranged for non-Saudis under the previous regulations, and the provisions of this system must be implemented after its entry into force when the ownership of the property is transferred.
b - The advantages included in the rules regulating real estate ownership for citizens of the Cooperation Council for the Arab States of the Gulf.
c - Acquisition of the right of ownership or any other original right in rem over real estate by way of inheritance.
d - Regulations, cabinet decisions, and lofty orders that prevent ownership in some locations.