{"id":1349,"date":"2026-03-06T15:16:37","date_gmt":"2026-03-06T14:16:37","guid":{"rendered":"https:\/\/balmontconseil.com\/?page_id=1349"},"modified":"2026-08-26T18:44:57","modified_gmt":"2026-08-26T16:44:57","slug":"arabie-saoudite","status":"publish","type":"page","link":"https:\/\/balmontconseil.com\/en\/expatries-mobilite-internationale\/destinations\/arabie-saoudite\/","title":{"rendered":"Wealth management in Saudi Arabia"},"content":{"rendered":"<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u00abAlexis, I\u2019m moving to Riyadh for a management position. I\u2019m told there\u2019s no income tax, but how can I manage my assets in France without being heavily taxed? And what about transferring my assets here in case of unforeseen circumstances?\u00bb<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Saudi Arabia in 2026 has become the epicenter of the <strong>international mobility<\/strong> for French-speaking executives and entrepreneurs. While the Kingdom&#039;s attractiveness is undeniable, its <strong>tax regulations<\/strong> and its legal framework (heavily influenced by Sharia) impose a <strong>tailored wealth management strategy<\/strong>. Leaving without a <strong>complete asset audit<\/strong>, This exposes one to major legal frictions upon returning to Europe or in the event of an inheritance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the house of <strong>Balmont Conseil<\/strong>, we act as your <strong>Augmented Wealth Engineer<\/strong>. Our mission is to secure your <strong><a href=\"https:\/\/balmontconseil.com\/en\/gestion-de-patrimoine\/\">wealth management<\/a> in Saudi Arabia<\/strong> by harmonizing your local interests with your international obligations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>1. The specific characteristics of the <a href=\"https:\/\/balmontconseil.com\/en\/gestion-de-patrimoine\/\">wealth management<\/a> Saudi<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Saudi Arabia is no longer a passive &quot;tax haven,&quot; but an economy undergoing rapid transformation driven by the <strong>Vision 2030<\/strong>. For the expatriate, three factors change the game:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The tax environment:<\/strong> While there is no income tax for expatriate employees, the <strong>VAT at 15% %<\/strong> and taxes on dependents (<em>Dependent Fees<\/em>) impact the cost of living.<\/li>\n\n\n\n<li><strong>Sharia and Civil Law:<\/strong> In the absence of specific provisions, local inheritance laws apply by default to assets located in the United Kingdom. This can create significant disparities compared to French law (forced heirship, spousal protection).<\/li>\n\n\n\n<li><strong>Investment property:<\/strong> The new &quot;Premium Residency&quot; program now allows foreigners to own real estate and to be exempt from certain sponsorship requirements (<em>Kafeel<\/em>), radically altering the <strong>wealth value<\/strong> of their expatriation.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. Tax and regulatory challenges for expatriates in the Middle East<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The main challenge is not Saudi Arabia, but often France. France applies strict tax residency criteria.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>The Bilateral Tax Convention<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A convention exists between France and Saudi Arabia to avoid double taxation. However, its interpretation requires expertise in <strong>international wealth management advice<\/strong>. For example, your French real estate income will remain taxable in France, even if you reside in Jeddah.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Analysis of the tax implications<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The absence of local taxes can encourage the accumulation of cash. Without <strong><a href=\"https:\/\/balmontconseil.com\/en\/gestion-de-patrimoine\/\">tax optimization<\/a> international<\/strong>, These sums, once repatriated or reinvested, can be subject to harsh taxation. We recommend using neutral capitalization structures (such as Luxembourg life insurance) to maintain a <strong>securing investments<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. Real Estate Investment: Opportunities and Limitations<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There <strong>real estate market reform<\/strong> Saudi Arabia offers unprecedented prospects, but with safeguards.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The &quot;Freehold&quot; for foreigners:<\/strong> Limited to certain areas and often linked to the possession of a <em>Premium Residency<\/em>. It&#039;s a powerful lever for the <strong>retirement preparation<\/strong> or to generate a <strong>rental management<\/strong> local.<\/li>\n\n\n\n<li><strong>Private Equity and Institutional Real Estate:<\/strong> For those who do not wish to manage physical real estate, the Kingdom offers investment funds (REITs) managed by <strong>institutional partnerships in real estate<\/strong>, offering attractive returns uncorrelated with European markets.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4. Solutions and support from Balmont Conseil<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Our firm offers a <strong>tailored wealth management strategy<\/strong>, incorporating the <strong>asset risks<\/strong> specific to the Middle East.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><a href=\"https:\/\/balmontconseil.com\/en\/ingenierie-patrimoniale\/audit-patrimonial-global\/\">Asset Audit<\/a> and Evaluation<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">We are carrying out a <strong>asset valuation<\/strong> comprehensive (real estate, financial, insurance) to identify areas of vulnerability between your French and Saudi assets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><a href=\"https:\/\/balmontconseil.com\/en\/transmission-protection\/\">Succession Planning<\/a> and Intergenerational<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">To prevent the automatic application of Sharia law to your local accounts or assets, we are implementing tools to <strong>intergenerational planning<\/strong> (international wills, &quot;trust&quot; type structures or private foundations) guaranteeing a <strong>inheritance<\/strong> conforme \u00e0 vos volont\u00e9s.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Retirement preparation and optimization<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In Saudi Arabia, you do not contribute to the French pension system (except through the CFE). We calculate your pension shortfall and structure... <strong>diversified investment solutions<\/strong> (actions, <strong>private equity<\/strong>, precious metals) to compensate for this loss.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$$Need~Retirement = (Target~Income \u2013 Estimated~Pension) \u00d7 Life~Expectancy$$<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5. Why choose a private wealth management professional?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To rely on <strong>private wealth management professionals<\/strong> Francophones helps to overcome the language barrier and administrative complexity.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Multinational Expertise:<\/strong> Understanding both legal systems simultaneously.<\/li>\n\n\n\n<li><strong>Personalized Support:<\/strong> Your situation in Riyadh is not the same as that of an expat in Dubai or London.<\/li>\n\n\n\n<li><strong>Security:<\/strong> Protecting your family against the risks of <strong>international mobility<\/strong>.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>FAQ: Your questions about Saudi Arabia<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q1: Can I repatriate my capital to France without taxes?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, the capital saved from your income is not taxed upon return. However, the <em>capital gains<\/em> actions taken during your stay may be subject to <strong>bilateral tax treaties<\/strong> depending on the medium used.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q2: What is Zakat and does it apply to me?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Zakat is a religious tax levied on businesses and citizens of Saudi Arabia and the GCC. As a non-Muslim expatriate, you are not subject to Zakat, but your investments in local businesses may be indirectly impacted by this societal charge.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Q3: How can I protect my local bank accounts in the event of my death?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bank accounts in Saudi Arabia can be frozen instantly upon the death of the account holder. We advise limiting bank assets to the bare minimum required for operations and favoring offshore or joint accounts for the <strong>asset protection<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion: Anticipate to better rule<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">There <strong>wealth management in Saudi Arabia<\/strong> is an exceptional growth opportunity if managed rigorously. <strong>Vision 2030<\/strong> creates a <strong>investment dynamics<\/strong> without equal, but the protection of your <strong>wealth value<\/strong> depends on your ability to anticipate tomorrow&#039;s rules.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Your project in the Middle East deserves borderless expertise.<\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>\u00ab Alexis, je m\u2019installe \u00e0 Riyad pour un poste de direction. On me dit qu\u2019il n\u2019y a pas d\u2019imp\u00f4t sur le revenu, mais comment g\u00e9rer mes biens en France sans \u00eatre lourdement<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":5,"featured_media":0,"parent":241,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1349","page","type-page","status-publish","hentry"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/1349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/comments?post=1349"}],"version-history":[{"count":2,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/1349\/revisions"}],"predecessor-version":[{"id":1353,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/1349\/revisions\/1353"}],"up":[{"embeddable":true,"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/pages\/241"}],"wp:attachment":[{"href":"https:\/\/balmontconseil.com\/en\/wp-json\/wp\/v2\/media?parent=1349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}