KSA publishes VAT guidelines for Real Estate Investment and Financing

Posted on    07 November 2019
KSA publishes VAT guidelines for Real Estate Investment and Financing

Saudi Arabia's GAZT has published new Value Added Tax guidelines for Real Estate Investment and Financing Sector. The guide is currently published in Arabic only. 

The main points covered in the guidelines include:

 

  • VAT treatment and corresponding obligations of real estate financing transactions on a seller, purchaser and financer; 
  • Various Financing arrangements for the sale and purchase of real estate including the  VAT implications for the parties involved;
  • VAT relief in the case of financing sales;
  • Special treatment wherein the Saudi government bears the VAT cost for Saudi citizens purchasing their first house.

The Guide for Real Estate and Financing Transactions (Arabic Version) can be accessed by clicking here: Real Estate Investment and Financing

Click here to download the file Download




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