Knowledge Economic City welcomes eligible international buyers to own property in one of Islam's holiest cities

Summary:

Knowledge Economic City (KEC) in Madinah has welcomed the Saudi Government's approval of new regulations allowing non-Saudis to own real estate in designated areas, marking a significant step for international investment in the city. The framework aims to attract foreign buyers by providing a clear legal pathway for property ownership, aligning with Saudi Arabia's Vision 2030 goals. KEC, spanning over 6.8 million square meters, offers a mix of residential, commercial, and public spaces, enhancing connectivity and lifestyle options for residents. The initiative is expected to boost Madinah's appeal as a destination for faith-inspired living and investment.