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Real Estate Tax

Real Estate Tax

Real Estate Tax

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Overview

Continual changes to tax legislation regarding real estate assets and largely unpredictable economic conditions have caused investors to seek secure income streams from prime and ‘super prime’ real estate assets.

Our real estate tax team is a leading tax team in the legal industry and an integral part of the firm’s real estate practice. We advise on a range of real estate transactions, including property acquisitions, developments, leasing and holding structures, investments for residents and non-residents, funds, joint ventures, property company takeovers, listings and M&A. We pride ourselves on being able to deliver highly innovative, user friendly tax advice for clients. Through our expansive network of offices, we can help clients wherever they are based in the world.

We advise banks, developers, investors, private clients with real estate assets, funds (including sovereign wealth funds), corporate occupiers, hotels, student accommodation providers and government agencies.

BCLP’s tax team is both technically excellent and commercially intelligent. They understand the context and commercial realities which drive transactions and are able to apply their advice in a way that fits that context.

Legal 500 UK 2025, Corporate Tax

Elizabeth Bradley

Elizabeth Bradley

Partner and Global Practice Group Leader - Tax, Employee Benefits and Private Client, London

+44 (0) 20 3400 2323
Elizabeth Bradley

Elizabeth Bradley

Partner and Global Practice Group Leader - Tax, Employee Benefits and Private Client, London

+44 (0) 20 3400 2323

Meet The Team

Elizabeth Bradley

Elizabeth Bradley

Partner and Global Practice Group Leader - Tax, Employee Benefits and Private Client, London

+44 (0) 20 3400 2323

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Jul 14, 2025

Saudi Arabia’s New White Land Tax Regulations – July 2025 Update

In May 2025, Saudi Arabia issued a new White Land Tax Law under Royal Decree No. M/244, replacing the earlier 2016 regime. On 10 July 2025, the Ministry of Municipalities and Housing (MoMaH) published the implementing regulations that give legal force to the updated law. These new regulations are designed to support the Kingdom’s urban development goals by reducing land banking, improving the supply of serviced plots, and limiting inefficient land use that contributes to urban sprawl. The White Land Tax forms part of Saudi Arabia’s broader housing and planning reforms under Vision 2030. The policy targets undeveloped land located in strategic urban areas that remains vacant despite being suitable for development. By imposing a recurring annual fee/Tax, the government aims to encourage landowners to either build or release the land into the market.
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Chambers Europe 2025

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Related Insights

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Jul 14, 2025
Saudi Arabia’s New White Land Tax Regulations – July 2025 Update
In May 2025, Saudi Arabia issued a new White Land Tax Law under Royal Decree No. M/244, replacing the earlier 2016 regime. On 10 July 2025, the Ministry of Municipalities and Housing (MoMaH) published the implementing regulations that give legal force to the updated law. These new regulations are designed to support the Kingdom’s urban development goals by reducing land banking, improving the supply of serviced plots, and limiting inefficient land use that contributes to urban sprawl. The White Land Tax forms part of Saudi Arabia’s broader housing and planning reforms under Vision 2030. The policy targets undeveloped land located in strategic urban areas that remains vacant despite being suitable for development. By imposing a recurring annual fee/Tax, the government aims to encourage landowners to either build or release the land into the market.
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