Saudi Arabia Wealth & Property Tax
Detailed wealth & property tax rates and rules for Saudi Arabia in 2026.
Wealth Tax
Saudi Arabia does not impose a conventional wealth tax, but Zakat functions as an Islamic wealth levy at 2.5% of the Zakat base (approximately adjusted net worth) for Saudi and GCC national shareholders of Saudi companies. The Zakat base is calculated based on the company's equity, long-term liabilities, and other components, minus fixed assets and long-term investments.
Wealth Tax Rate
2.5%
Inheritance / Estate Tax
Saudi Arabia does not impose an inheritance or estate tax. Inheritance is governed by Islamic Sharia law, which prescribes specific shares for heirs. There are no taxes on transfers of wealth upon death, though Zakat obligations continue to apply to the inherited business assets.
Top Rate
0%
Property Tax
Saudi Arabia does not impose an annual property tax. However, a Real Estate Transaction Tax (RETT) of 5% applies to the sale, transfer, or disposal of real property. A White Land Tax (WLT) of 2.5% of assessed land value applies annually to undeveloped residential land in specified urban areas, designed to encourage land development and increase housing supply.
How Saudi Arabia Wealth Tax compares
Saudi Arabia taxes net wealth. 12 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
