FAQ on Property Ownership for Foreigners

Valid residency in Saudi Arabia.

Minimum income (usually around SAR 10,000/month).

Age between 21 and 65 at loan end.

Down payment of at least 30% of property value.

Provide guarantees or co-signers as required by the bank.

Valid residency or company registration for investment.

Ownership allowed only in designated areas.

Mecca and Medina generally restricted, except for special cases.

Comply with administrative and financial requirements (transfer fees, registration).

Residents can buy one residential property for personal use.