Saudi Gazette report
RIYADH — Saudi Arabia’s Cupboard has authorised using a digital ID to allow non-Saudi, non-resident foreigners to personal property within the Kingdom.
The Basic Actual Property Authority will coordinate with the Ministry of Inside, the Saudi Knowledge and Synthetic Intelligence Authority (SDAIA), the Nationwide Data Heart, and different related our bodies to develop mechanisms for activating the digital ID.
The transfer goals to permit its use forward of the implementation of the Non-Saudi Actual Property Possession Legislation.
The Cupboard additionally endorsed a choice by the Strategic Committee of the Council of Financial and Improvement Affairs on governance for non-Saudi property possession and usufruct rights, together with forming a committee inside the authority’s board to supervise these issues.
The board of the Basic Actual Property Authority has been restructured below its CEO’s chairmanship, with members from a number of ministries, authorities our bodies, and three private-sector representatives.
In July, the Cupboard authorised the Non-Saudi Real Estate Ownership Law, which can take impact in January 2026.
Final month, the authority additionally launched a draft of the regulation’s government rules, requiring non-resident foreigners to acquire and activate a digital ID by way of the Absher platform, open a Saudi checking account, and safe an area contact quantity earlier than buying or utilizing property.