In this second installment, Bilal J.A. Ambikapathy talks about how the new law allows all categories of investors, non-residents, residents, premium residency holders, foreign companies, and GCC investors, to own and invest in Saudi real estate on a largely equal footing.
He also explains how existing rights are preserved and if the new law will recognise the existing CMA’s jurisdiction over real estate funds, including investment pathways into Makkah and Madinah through funds.
