Real Estate License in Saudi Arabia
Set up real estate operations in Saudi Arabia with AstroLabs. Secure your brokerage, development, or property management license, enjoy 100% foreign ownership, and align with Vision 2030’s growth agenda.
Enable and Operate With a Real Estate License in KSA
Saudi Arabia’s real estate market is forecasted to grow from over $75 billion in 2025 to nearly $110 billion by 2030, opening opportunities for foreign investors. The Real Estate License, overseen by the Ministry of Investment (MISA) and regulated by the Real Estate General Authority (REGA), enables companies to legally engage in real estate activities such as development, brokerage, property management, leasing, and consultancy. While including commercial, industrial, and residential real estate (excluding restricted zones like Mecca and Medina), obtaining this license ensures your operations are fully compliant and legally able to operate and set up your real estate business in the Kingdom.
Types of Real Estate Licenses
There are three main categories of real estate licenses based on the nature and scale of your operations:
1. Real Estate Brokerage License
Enables property transactions; requires REGA registration and certified brokers.
2. Development & Investment License
For large‑scale projects (≥ SAR 30 million); requires MISA investment approval.
3. Property Management & Maintenance License
Covers leasing, facility, and tenancy services; requires compliance with the Ejar platform.
Company Formation in Saudi Arabia: Step-by-Step Process
Step 1: Prepare Company Documents
Start by gathering essential documents, including:
- Certificate of Incorporation
- Memorandum and Articles of Association (MoA and AoA)
- Audited financial statements
- Board resolution to expand into Saudi Arabia
Step 2: Obtain MISA License
Apply for an investment license from the Ministry of Investment of Saudi Arabia (MISA). This step officially allows your foreign entity to operate in the Kingdom.
Step 3: Register with Government Entities
You'll need to complete registration with multiple Saudi governmental bodies:
- Ministry of Commerce (MoC) - for commercial registration
- Zakat, Tax and Customs Authority - for tax compliance
- General Organization for Social Insurance (GOSI)
- Chamber of Commerce
- Saudi Post - to obtain a national address
Step 4: National Address Management:
Ensuring accurate updates and renewals on the SPL portal.
Step 5: Appoint a General Manager and Obtain an Iqama
Foreign companies in Saudi Arabia must register on core platforms to ensure legal compliance:
- Muqeem: employee sponsorship management
- Absher: government services portal
- Qiwa: workforce management
Step 6: Open a Corporate Bank Account
Once your business is legally registered and operational, open a Saudi corporate bank account to handle transactions, payroll, and vendor payments.
Step 7: Hire and Issue Visas
Hire local employees in line with Saudi Arabia’s Saudization (Nitaqat) quota system. For international hires, you’ll need to issue work visas under the company’s sponsorship.
AstroLabs Advantage
| Offering | AstroLabs | Corporate Services Companies offering PRO & GRO | Law Firms | In-House |
|---|---|---|---|---|
| 40+ on-ground local team of experts |  |  | | |
| Government portal management and compliance support | | | | |
| Full management of your company licenses and certificates | | | | |
| Management of registered employees across the employee journey, from hiring to ongoing management | | | | |
| Full suite of support: PRO, GRO, HRs support and access to a pool of Saudi talent | | | | |
| National Address Registration with varied coworking and private office locations | | | | |
| Seamlessly manage GRO services online using a digital platform | | | | |
| Corporare bank account opening | | | | |
| Access to a community of 700+ high-growth businesses in Saudi Arabia | | | | |
| Extended media and exposure support through press releases, social media coverage and articles | | | | |
| Opportunity-matchmaking with potential partners in governmental entities and corporates | | | | |
| Access to global and regional events such as BIBAN, LEAP, Seamless, etc | | | | |