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    <copyright>Copyright 2026</copyright>
    <pubDate>Sat, 06 Jun 2026 15:21:58 +0500</pubDate>
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      <title>Saudi Arabia updates rules for foreign companies to own property</title>
      <link>https://english.aaj.tv/news/330459933/saudi-arabia-updates-rules-for-foreign-companies-to-own-property</link>
      <description>&lt;p&gt;&lt;strong&gt;Saudi Arabia’s Ministry of Investment has released new guidelines for non-resident foreign companies seeking to own property in the kingdom without conducting economic activities, as part of the 2026 Investor Guide.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Under the updated regulations, foreign companies must submit a commercial registration certificate from their home country and the company’s articles of incorporation, both translated by an accredited office and authenticated by the Saudi Embassy.&lt;/p&gt;
&lt;p&gt;Applicants are also required to provide an authorisation document appointing a company representative, similarly translated and certified, the &lt;a rel="noopener noreferrer" target="_blank" class="link--external" href="https://saudigazette.com.sa/byline/saudi-gazette"&gt;Saudi Gazette&lt;/a&gt; said in a report.&lt;/p&gt;
&lt;p&gt;The ministry said companies must designate a natural person as an authorised representative through a certified power of attorney to complete registration procedures.&lt;/p&gt;
&lt;p&gt;Non-resident companies without Saudi-recognised identification must obtain a digital identity through Saudi diplomatic missions abroad.&lt;/p&gt;
&lt;p&gt;For annual registration updates, companies must confirm that there have been no changes to their ownership structure or management since initial registration.&lt;/p&gt;
&lt;p&gt;The service is available through the ministry’s electronic portal.&lt;/p&gt;
&lt;p&gt;The Investor Guide 2026 introduces a dedicated chapter, “Registration of Non-Saudi Companies for Property Ownership Purposes,” reflecting Saudi Arabia’s effort to regulate foreign real estate investment and align procedures with the new Investment Law.&lt;/p&gt;
&lt;p&gt;The guide details procedures for property acquisition, appointment of authorised representatives, obligations regarding property management and disposal, bank account openings, and updating company and representative information with relevant authorities.&lt;/p&gt;
&lt;p&gt;According to the ministry, this addition represents one of the most significant updates in the 2026 guide, as foreign company property ownership had not previously been addressed in such detail.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Saudi Arabia’s Ministry of Investment has released new guidelines for non-resident foreign companies seeking to own property in the kingdom without conducting economic activities, as part of the 2026 Investor Guide.</strong></p>
<p>Under the updated regulations, foreign companies must submit a commercial registration certificate from their home country and the company’s articles of incorporation, both translated by an accredited office and authenticated by the Saudi Embassy.</p>
<p>Applicants are also required to provide an authorisation document appointing a company representative, similarly translated and certified, the <a rel="noopener noreferrer" target="_blank" class="link--external" href="https://saudigazette.com.sa/byline/saudi-gazette">Saudi Gazette</a> said in a report.</p>
<p>The ministry said companies must designate a natural person as an authorised representative through a certified power of attorney to complete registration procedures.</p>
<p>Non-resident companies without Saudi-recognised identification must obtain a digital identity through Saudi diplomatic missions abroad.</p>
<p>For annual registration updates, companies must confirm that there have been no changes to their ownership structure or management since initial registration.</p>
<p>The service is available through the ministry’s electronic portal.</p>
<p>The Investor Guide 2026 introduces a dedicated chapter, “Registration of Non-Saudi Companies for Property Ownership Purposes,” reflecting Saudi Arabia’s effort to regulate foreign real estate investment and align procedures with the new Investment Law.</p>
<p>The guide details procedures for property acquisition, appointment of authorised representatives, obligations regarding property management and disposal, bank account openings, and updating company and representative information with relevant authorities.</p>
<p>According to the ministry, this addition represents one of the most significant updates in the 2026 guide, as foreign company property ownership had not previously been addressed in such detail.</p>
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      <category>Business &amp; Economy</category>
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      <pubDate>Sat, 06 Jun 2026 12:41:52 +0500</pubDate>
      <author>none@none.com (Web Desk)</author>
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