Saudi Arabia introduces new White Land Rules, imposes fines up to 100% on undeveloped plots
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dezembro 26, 2025 |
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Saudi Arabia's Ministry of Municipalities and Housing has introduced a draft regulation for its White Land and Vacant Property Tax system, imposing strict violations and heavy fines. This initiative aims to compel landowners to develop idle land or face escalating financial penalties, encouraging productive use and boosting housing supply.
Saudi Arabia's Ministry of Municipalities and Housing has introduced a draft regulation for its White Land and Vacant Property Tax system, imposing strict violations and heavy fines. This initiative aims to compel landowners to develop idle land or face escalating financial penalties, encouraging productive use and boosting housing supply.
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