الإطار الضريبي
صفر% ضريبة دخل شخصي
Tax Advantages
Personal tax benefits for property investors
Saudi Arabia offers one of the most favorable personal tax environments in the world. With no personal income tax, no capital gains tax for individuals, and no inheritance tax, the Kingdom provides significant advantages for wealth preservation and growth.
No Personal Income Tax
Saudi Arabia does not impose personal income tax on individuals, making it an attractive destination for property investors and residents.
No Capital Gains Tax (Individuals)
Individual property investors are generally not subject to capital gains tax on property sales in Saudi Arabia. Corporate entities may have different treatment.
No Inheritance Tax
There is no inheritance tax in Saudi Arabia, making property ownership an excellent legacy asset for generational wealth transfer.
Transaction Taxes
Taxes applicable to property purchases and sales
While personal taxes are minimal, there are transaction-based taxes that apply when buying or selling property in Saudi Arabia. Understanding these costs is essential for accurate investment planning.
Real Estate Transaction Tax (RETT)
5%A 5% Real Estate Transaction Tax applies to all property transfers in Saudi Arabia. This tax is calculated on the property value or sale price and is typically paid by the buyer at the time of transfer.
RETT replaced the previous 15% VAT on real estate transactions in 2020.
Value Added Tax (VAT)
15%VAT at 15% applies to commercial property transactions and certain services related to property (legal fees, agency fees, etc.). Residential property sales are generally exempt from VAT but subject to RETT.
VAT treatment varies by transaction type. Seek professional advice.
Important Tax Considerations
- UK Residents: If you are a UK tax resident, you may still be subject to UK taxation on worldwide income and gains, including from Saudi property. Capital gains tax, inheritance tax, and income tax rules in your home country continue to apply regardless of Saudi tax treatment.
- Corporate Structures: Companies and corporate entities may be subject to different tax treatments, including Zakat (for Saudi/GCC entities) or corporate income tax (for foreign entities).
- Professional Advice: Tax regulations are complex and change frequently. We strongly recommend consulting with qualified tax advisors in both Saudi Arabia and your country of residence before making investment decisions.
Disclaimer: This information is provided for general guidance only and does not constitute tax advice. Tax laws and regulations are subject to change. Individual circumstances vary significantly. Always consult with qualified tax professionals in relevant jurisdictions before making investment or relocation decisions.