In recent years, Saudi Arabia has emerged as a premier destination for foreign investment, fueled by Vision 2030 and sweeping reforms in economic policy. One of the most compelling opportunities for international investors and expatriates is the ability to buy property in Saudi Arabia with residency.
This strategic initiative by the Saudi government not only enhances the investment climate but also provides a valuable pathway to long-term residency in the Kingdom. Whether you’re seeking a secure place to live, a high-yield investment, or a stable lifestyle in one of the world’s fastest-transforming economies, this program is your gateway.
What Is Real Estate Residency in Saudi Arabia?
Saudi Arabia now allows non-Saudis to obtain residency through real estate ownership, a revolutionary move aligning with the country’s ambition to attract global talent and capital. Through this initiative, foreign nationals can gain residency rights by purchasing property that meets specific legal and financial criteria.
This is part of a broader effort to make the Kingdom more accessible and appealing to investors from across the globe—creating new horizons for those interested in living, working, and investing in Saudi Arabia.
Requirements to Buy Property in Saudi Arabia with Residency
To qualify for real estate-based residency, foreign investors must adhere to the following guidelines:
- The minimum value of the purchased property must be SAR 4 million (~$1.07 million).
- The property must be residential and fully constructed—land plots or off-plan units do not qualify.
- Ownership must be freehold and registered under the investor’s name.
- The property must be located in an area approved by the Saudi Ministry of Investment.
- The funds used for the purchase must be transferred from outside the Kingdom, ensuring transparency and compliance with anti-money laundering regulations.
- The applicant must pass a security clearance and meet health insurance and income documentation requirements.
These eligibility conditions ensure that the residency privilege is granted to individuals who contribute meaningfully to the local economy and comply with regulatory standards.
Key Advantages of Buying Property with Residency in Saudi Arabia
Purchasing property in Saudi Arabia under this program offers numerous strategic benefits:
- Residency Status: Immediate legal residency rights with the ability to sponsor dependents, including spouse and children.
- Long-Term Investment Security: As the Saudi property market continues to grow, investors enjoy both capital appreciation and stable rental yields.
- No Personal Income Tax: Saudi Arabia offers a tax-free environment on personal income, increasing overall ROI.
- Access to a Booming Economy: With megaprojects like NEOM, Red Sea Global, and Qiddiya transforming the landscape, real estate in Saudi Arabia has become a hotbed of opportunity.
- Modern Infrastructure & Premium Living: New cities and residential hubs offer modern amenities, world-class healthcare, international schools, and an evolving lifestyle scene.
- High Rental Demand: Especially in major cities like Riyadh, Jeddah, and Dammam where the population is growing and rental demand is high.
This initiative is a powerful gateway not just to residency, but to financial security, capital growth, and lifestyle enhancement.
Where to Buy Property in Saudi Arabia for Residency
If you’re considering buying property to secure residency in the Kingdom, location is crucial. These cities are top picks for international investors:
Riyadh
As the political and economic capital of Saudi Arabia, Riyadh offers exceptional real estate opportunities. From upscale compounds to modern apartments and villas, it’s a hub for business professionals and high-net-worth individuals. The city is also home to the King Abdullah Financial District (KAFD) and several futuristic residential developments.
Jeddah
With its strategic location on the Red Sea, Jeddah is a cultural and commercial powerhouse. The city blends modern infrastructure with historic charm, making it a favorite among expats and investors alike. Properties near the Jeddah Waterfront and King Abdulaziz Airport expansion zone are in high demand.
NEOM
NEOM is the flagship megaproject of Vision 2030. Expected to house millions of residents, this futuristic city is powered entirely by renewable energy and will feature cutting-edge technology and zero-emissions transportation. Buying property here offers first-mover advantage in a globally recognized development.
Medina & Mecca
Although religious cities have restrictions on ownership for non-Muslims, Muslim investors can explore high-end residential towers and serviced apartments near the Grand Mosque and Prophet’s Mosque. These areas offer high rental yields due to year-round pilgrimage tourism.
Al Khobar & Dammam
Situated in the Eastern Province, these cities are close to major oil companies, economic zones, and the King Fahd Causeway to Bahrain. Real estate in Al Khobar offers seafront living and strong rental returns.
What Types of Properties Qualify for Residency?
To obtain residency through property ownership, only certain property types are eligible:
- Fully constructed residential units: Apartments, villas, penthouses.
- Commercial or undeveloped land does not qualify.
- Off-plan properties are not accepted under current regulations.
- The property must be held under the investor’s name (not leased, mortgaged, or owned by a company).
Luxury apartments in gated communities, serviced residences in urban centers, and modern villas in newly developed districts are among the top choices for qualifying investments.
Step-by-Step Guide to Obtain Residency Through Property Purchase
- Choose a Licensed Property Agent or Developer
Work with a certified real estate partner like Real Estate Saudi to find qualifying properties. - Verify Property Eligibility
Confirm that the property meets the residency criteria in terms of price, type, and location. - Transfer Funds from Overseas
All transactions must be made through official banking channels with documentation proving foreign-origin capital. - Legal Registration and Title Deed Transfer
Complete legal procedures to register the property in your name with the relevant authorities. - Submit Residency Application
Apply through the Saudi Premium Residency portal with the necessary documentation: property title, health insurance, financial proof, and security clearance. - Receive Residency Status
Upon approval, you will be granted legal residency with options to renew or upgrade to a Premium Residency (iqama) tier.
Why Buying Property for Residency Is a Smart Investment in 2025
With Saudi Arabia’s real estate market booming, residency-linked property investment is a secure and high-return opportunity. Key reasons why this route is increasingly popular include:
- High ROI potential in growth corridors
- Access to new economic zones and infrastructure
- Stability in the local currency (Saudi Riyal)
- Residency without requiring employment or sponsorship
- Ability to sponsor family members
- Flexible exit strategy – resale or rental income
The program supports Vision 2030’s goal of attracting high-caliber investors while also helping individuals build a secure future in a stable and expanding economy.
Work With Real Estate Saudi to Start Your Journey
When it comes to navigating property laws, choosing the right investment, and processing residency applications, expertise matters. Real Estate Saudi is your trusted partner for:
- Curated Property Listings for residency-eligible homes
- Legal and Financial Consultation
- Residency Application Support
- After-Sales Services including furnishing and property management
With a proven track record in guiding international clients through every step of their Saudi property journey, we ensure a smooth, compliant, and rewarding experience.
Looking to secure your future in Saudi Arabia?
Explore your options today with Real Estate Saudi and unlock the power of residency through property investment.
