Saudi Arabia
What do I need to know when buying property in Saudi Arabia?
When we asked expats what advice they would give a foreigner before buying a property in Saudi Arabia, they said...
"1. It is essential to obtain legal advice when buying property in Saudi Arabia as the law can be complicated. 2. Foreigners intending to buy and own a property in Saudi Arabia must obtain permission from the Ministry of Interior. 3. Obtaining a property title can take up to six months in Saudi Arabia. 4. All property transactions will require a tax paid stamp. 5. The buyer must be present at the notary office to sign the sale contract. 6. The sale contract should be drafted by local attorneys. 7. The transfer of a property title requires the permission of the local municipality. 8. It is important to be aware that the husband may have the majority of rights to any property purchased in Saudi Arabia," said a member in Saudi Arabia.
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What do I need to know when buying property in Saudi Arabia?
If you live in Saudi Arabia, newcomers to Saudi Arabia would love to hear your answer to this question:
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
