Riyadh : The Kingdom of Saudi Arabia (KSA) is close to finalising regulations that will allow foreign nationals to buy property across the Kingdom from January 2026, including in the holy cities of Makkah and Madinah .

The reform marks a significant shift in national policy and aims to attract greater international investment into the real estate market.

For many years, foreign nationals faced strict barriers to owning property in Saudi Arabia, but that is changing under a new law approved by Royal Decree No. M/14 in July 2025, which lays the groundwork for foreign ownership within designated zones.

Bloomberg reported, citing Fahd bin Sulaiman from the General Real Estate Authority (REGA), that officials are reviewing which areas in Riyadh , Jeddah , Makkah and Madinah will be

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