Saudi Arabia allows foreigners to purchase property in economic regions
Azerbaijan, Baku, Oct.12 / Trend, A.Taghiyeva /
Saudi Arabia allowed foreign citizens to purchase property, but only in the economic regions, the Saudi newspaper "Riyadh" reported on Friday.
In this regard, a special agency has been established to study the country's economic regions and registration of real estate purchase by foreigners.
Foreigners can purchase property only after paying its full cost.
It is noted that this decision was taken by the authorities as part of the project on the development of Saudi Arabia's economic regions.