Taxes

Understanding Saudi Arabia’s New 5% Real Estate Transaction Tax (RETT) Saudi Arabia has recently introduced a new tax—the Real Estate Transaction Tax (RETT)—effective from April 10, 2025. This 5% tax is replacing the previous 15% VAT on property transactions, aiming to simplify processes, enhance market transparency, and align with Vision 2030 goals. If you're considering investing or buying...

Real estate taxes play a significant role in the property market of every country, and Saudi Arabia is no exception. For both first-time homebuyers and seasoned investors, understanding the country’s taxation structure is essential. It can directly impact investment profitability, long-term returns, and compliance obligations. In this expanded guide from Real Estate Saudi, we will explore the various...

Saudi Arabia’s real estate investment landscape is witnessing significant growth, propelled by the transformative Saudi Vision 2030 initiative. With both local and international investors actively exploring opportunities, understanding the influence of real estate taxes in Saudi Arabia becomes essential. Taxes are not merely financial obligations; they significantly shape investor behavior and strategic...

Introduction Saudi Arabia's real estate market is experiencing unprecedented growth, significantly driven by strategic tax exemptions aimed at boosting investment and economic diversification. Under the transformative Saudi Vision 2030, real estate has become central to reducing reliance on oil, spurring urban development, enhancing quality of life, and building vibrant communities. This detailed guide...

Invest in Saudi Real Estate Understanding Value-Added Tax on Real Estate in Saudi Arabia The Value-Added Tax (VAT) on real estate in Saudi Arabia plays a crucial role in shaping the country's property market. As part of Saudi Arabia real estate tax regulations, VAT impacts property buyers, sellers, and investors alike. Whether you're buying a house in Saudi Arabia,...

Unlocking Financial Freedom in Saudi Arabia: A 2024 Guide for Expatriates and Investors As global mobility increases and investment opportunities expand, Saudi Arabia has emerged as a prime destination for expatriates and foreign investors. One of the most compelling reasons for this surge in interest is the Kingdom’s favourable tax environment. In 2024, Saudi Arabia continues to solidify its...

Unlocking Financial Freedom in Saudi Arabia: A 2024 Guide for Expatriates and Investors As global mobility increases and investment opportunities expand, Saudi Arabia has emerged as a prime destination for expatriates and foreign investors. One of the most compelling reasons for this surge in interest is the Kingdom’s favourable tax environment. In 2024, Saudi Arabia continues to solidify its...

Guide for Potential Investors: Navigating Saudi Arabia's Tax Landscape Saudi Arabia has become an attractive destination for expatriates and foreign investors, thanks to its strategic location, growing economy, and favorable tax environment. For anyone considering living, working, or investing in the Kingdom, understanding its taxation system is essential. This guide explores the various types of taxes...