IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 30 May 2011 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 30 May 2011, the government of Saudi Arabia introduced an amendment to the Law on Real Estate Ownership and Investments i.e. an amendment which for the first time enabled foreign residents to not solely purchase but also own property situated in territories part of the Saudi jurisdiction. 

AFFECTED COUNTRIES

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