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A Vibrant Society
- Promoting culture, entertainment, and sports
- Developing tourism and religious tourism infrastructure
- Enhancing quality of life for residents
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The Kingdom
A Kingdom Transforming
36M+
Population (2024)
Saudi GASTAT
$1.1T+
GDP (2024, nominal)
IMF
G20
Member economy
4.9%
Real GDP growth target
Vision 2030 target
Standing at the crossroads of three continents with strategic global importance
Saudi Arabia stands at the crossroads of three continents, commanding strategic significance in global affairs. The Kingdom is home to historic cities of profound cultural importance and welcomes millions of visitors each year.
Under the Vision 2030 program, Saudi Arabia is diversifying its economy beyond oil, opening to international visitors and capital, and — for the first time — allowing foreign nationals to own property.
Vision 2030
Launched in 2016 by Crown Prince Mohammed bin Salman
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Vision 2030 Giga-Projects
Government-backed giga-projects reshaping the Kingdom
$20+ Billion
Riyadh · UNESCO World Heritage
Historic district transformation featuring UNESCO World Heritage preservation.
$8 Billion
Riyadh · Entertainment & sports city
Saudi Arabia's capital of entertainment, sports, and the arts.
$7 Billion
Madinah · Economic City
A government-backed economic city in Madinah anchored by knowledge, technology, and serviced residential development, minutes from Al Masjid an-Nabawi.
12M m²
Makkah · Grand Mosque
A 12-million-m² mixed-use development beside the Grand Mosque, developed by RUA Al Haram Al Makki (PIF), expanding hospitality, residential, and visitor capacity in Makkah.
New Foreign Ownership Law — Now in Force
Saudi Arabia's Non-Saudi Real Estate Ownership Law now lets international investors buy property under defined geographic zones. The rules are set by REGA via the Saudi Properties portal; eligibility and locations vary. We can confirm what you qualify for and where you can buy.