Saudi Arabia to Open Property Ownership in Makkah and Madinah to Foreigners from 2026
Riyadh, July 9, 2025 — In a historic shift poised to redefine the Kingdom’s real estate landscape, the Saudi Arabian government has approved a policy allowing foreign nationals and companies to own property—including in the holy cities of Makkah and Madinah—starting January 2026. The decision was reached during a Cabinet meeting chaired by Crown Prince