Property Purchase
Non-Saudi investors can explore property acquisition in Saudi Arabia through applicable investment structures, Premium Residency, or other approved ownership pathways, subject to current regulations and eligibility requirements. NovaVertex assists clients in understanding the appropriate licensing and registration requirements for acquiring property in major cities and other permitted areas.
Business License Route
Register your company, obtain the appropriate investor iqama and senior management position, and pursue property acquisition in your personal or company name, subject to the applicable ownership rules and approvals. Many investors use the business setup route to establish a qualifying presence for property investment in cities such as Makkah, Madinah, Jeddah, and Riyadh.
The process can take several months depending on the business structure, property type, location, and required approvals, but it provides a structured and government-recognized pathway where applicable.
For non-Saudi individuals without Premium Residency, additional approval requirements may apply to personal-use property purchases. Premium Residency holders may have different ownership rights and requirements, subject to the applicable regulations and permitted property locations.
Personal Use vs Investment
Personal-use property may be acquired without establishing a business, where the buyer meets the applicable eligibility criteria and obtains any required government approvals. The business route can provide an alternative pathway for eligible investors and may also offer additional benefits associated with an investor iqama.
When selling property to other expatriates, it is important to understand the buyer’s eligibility and applicable approval requirements. Standard iqama holders may require the relevant housing authority approval, while Premium Residency holders may have different purchase requirements.
Makkah & Madinah purchases
Ministry of Housing guidance
Company-name ownership
Business license pathway
Premium residency option
Investor iqama support
- Frequently asked questions
People Frequently Asking Questions
Find clear answers to common questions about Saudi business setup, Premium Residency, real estate, and our professional services.
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Can I buy without Premium Residency?
Yes, with Ministry of Housing approval or through an active business license with investor iqama.
Can I buy multiple properties?
Premium Residents can hold multiple. Others may use separate company structures per property.
How long does the process take?
Typically 4–6 months including company setup and iqama issuance.