Property Ownership Services for Licensed Entities in Saudi Arabia
**Understanding Property Ownership Services for Licensed Entities**
Licensed entities in Saudi Arabia have the opportunity to own property tailored to their specific needs. This can include properties for private housing, industrial headquarters, employee residences, or warehouses.
**Here's how it works:**
1. **Service Documentation:**
- Submit a copy of the Municipality permit or an approval letter, clearly stating the land’s intended use.
2. **Rules and Restrictions:**
- Property must be located outside Makkah and Madinah.
- Your entity's capital should cover the property value, or you must provide proof of funding.
- The property should be in an approved industrial city (if applicable).
- Ensure your project complies with foreign investment laws.
3. **Application Process:**
- Apply via the E-Services Portal.
- The process is swift, with approvals typically completed in one working day.
**Why it matters:**
Owning property allows your business to establish a strong physical presence, whether it’s for operational needs or housing. The streamlined application process ensures that you can secure the necessary approvals quickly, letting you focus on growing your business.
If you’re planning to invest in property, understanding these steps can save you time and effort. For further assistance, be sure to connect with relevant authorities and make the most of this opportunity!
For more information and details please contact
Whats App : +971-503186720
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