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September 30, 2024

Saudi Arabia

Life as an expat in Saudi Arabia presents exciting opportunities and unique challenges. Expats in Saudi Arabia have to adapt to a different way of life, adopt distinctive customs and abide by local laws. The country’s hot and dry climate, with summer temperatures reaching up to 50 °C, underlines the need for acclimatisation. Saudi Arabia’s conservative culture and dress code, together with the relatively low cost of living compared to Western countries, add another dimension to the expat experience. Understanding the country’s strict laws and regulations is essential, as failure to comply can lead to severe penalties. However, the strong job market and the variety of activities and experiences available make life as an expat in Saudi Arabia rewarding.

Best places to invest in real estate in Saudi Arabia

Saudi Arabia offers several attractive locations for real estate investment. Here are some of the best places to consider:

Riyadh

Population: Approximately 7.9 million Average price per square metre (SAR): 5,000 – 9,000 Strengths: National capital, economic hub, modern infrastructure

 

Jeddah

Population: Approximately 4.5 million Average price per square metre (SAR): 4,000 – 8,000 Strengths: Commercial centre, Red Sea coast, cultural diversity

 

Dammam

Population: Approximately 1 million Average price per square metre (SAR): 4,000 – 8,000 Strengths: Eastern Province Centre, oil industry, proximity to beaches

 

Al Khobar

Population: approximately 650,000 Average price per square metre (SAR): 4,000 – 8,000 Strengths: Commercial centre, expat community, waterfront attractions

 

Abha

Population: Approximately 500,000 Average price per square metre (SAR): 3,000 – 6,000 Strengths: Mountainous region, cool climate, natural beauty

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