Riyadh – Asdaf News:
Leading non-bank provider of real estate finance solutions in Saudi Arabia, BIDAYA Home Finance, has introduced its newest cutting-edge digital home financing product with a focus on Saudi citizens. The home finance for expats is created expressly to address the needs of the community’s expanding expatriate population from Saudi Arabia. With BIDAYA’s innovative digital financing solution, home ownership is now possible for all qualified Saudi citizens in only three easy steps.
As the Kingdom of Saudi Arabia ramps up its efforts to meet the ambitious goals of Vision 2030, more and more talented individuals from around the globe are drawn to the nation. HE Khalid Al-Falih, Saudi Arabia’s Minister of Investment, claims that expatriates are an important part of the country’s development story and that as the economy grows more sophisticated and diverse, both the quantity and quality of expatriates would probably increase. But many tourists to the Kingdom already consider it their second home because of the country’s rich culture and numerous work opportunities.
BIDAYA Home Finance for Residents is now a part of the company’s growing lineup of entirely digital home and real estate finance services. Under the direct supervision of the Saudi Central Bank, BIDAYA offers unique solutions that cater to specific tastes and needs, such as Ready Unit and Off-Plan Unit Financing, Residential Land Financing, and Buy and Lease Back. The company has launched its initial corporate services, such as finance for buy-and-leaseback deals, financing for the development or completion of real estate projects, and financing for the purchase of residential and commercial land.
The complete product line is developed on BIDAYA’s advanced and reliable digital platform, which has already streamlined financing for thousands of KSA customers of BIDAYA’s home finance products and sped up application and approval processes. The Global Business Review Magazine recognized BIDAYA Home Finance “Saudi Arabia’s Best Islamic Digital Financing Company” for 2022 in honor of the organization’s commitment to digital transformation.
