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The Saudi Arabian Real Estate General Authority (REGA) has outlined specific geographic zones where non-Saudis are permitted to own property, following regulatory approvals. Key areas include Makkah, Madinah, Riyadh, Jeddah, AlUla, and major projects like NEOM and The Red Sea. These zones are part of the Kingdom’s broader economic diversification strategy under Vision 2030 to attract foreign investment. The move aims to boost real estate demand, enhance liquidity, and position Saudi Arabia as a global investment hub. For traders, this could signal increased long-term capital inflows into the real estate sector, potentially impacting construction, hospitality, and related industries. Investors should monitor upcoming property price trends and regulatory updates in these zones, as well as the performance of Saudi equity markets linked to real estate developers and infrastructure firms.
