The logo of the white land fee program
Today, Sunday, the White Land fees program issued an explanation of the way to deal with lands owned by real estate development companies or under development.
The official account of the program, on the X platform, explained that the application of white land fees includes all owners, including real estate development companies, with the exception of state real estate. As for the lands under development, it has a year from the date of imposing fee to complete the development and cancel the bill, with the possibility of granting an additional deadline according to the approved technical controls.
The lands include application in the city of Riyadh, residential, commercial, and commercial.
According to data numbersThe Ministry of Municipalities and Housing announced last month the geographical domains of white land fees in Riyadh, where the percentage of the annual fee due on the white land (or the white land group) determined within the geographical domains; as follows:
The first segment (maximum priority): An annual fee is imposed by 10% of the land value.
The second segment (high priority): An annual fee is imposed by 7.5% of the land value.
The third segment (medium priority): An annual fee is imposed by 5% of the land value.
– Fourth (low priority): An annual fee is imposed by 2.5% of the land value.
Fifth SIM (outside priority): An annual fee is not imposed on it, and it is calculated within the total white lands owned by the tax within the city.
