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Monday, May 21 2012
 
Landownership 
 
 

RCJY leases developed lands, but not owned, to investors whether industrial or commercial, for individuals or companies, to set the approved activities.

Foreign companies and individuals have not traditionally been permitted to own land or real estate in Saudi Arabia, but recently, however, the Government of Saudi Arabia has relaxed these regulations and today freehold residential ownership is possible for expats in some of the cities including Makkah and Madinah for Moslem communities.

At Jubail and Yanbu, lands are given to developers which only then can be owned by Saudi Citizens.

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