Istimara in Saudi Arabia

Istimara in Saudi Arabia - A Comprehensive Guide to Transferring Car Ownership in Saudi Arabia

Transferring car ownership in Saudi Arabia is a regulated process facilitated by platforms like Absher, designed to ensure security and convenience. This guide outlines the step-by-step procedure for transferring ownership, the requirements, and additional tips for a smooth process.

Requirements for Car Ownership Transfer Fahas in Saudi Arabia (MVPI)

Before initiating the process, ensure that the following conditions are met:

  1. Valid Documents: The seller and buyer must have a valid Iqama (residency ID) or national ID and their car registration (Istimara).
  2. Fahas and Insurance: A valid Fahas (MVPI vehicle inspection certificate) and car insurance are mandatory.
  3. Clearance of Traffic Violations: Any fines or penalties on the car must be settled.
  4. Vehicle Registration Plate: The vehicle must have a Saudi registration plate.
  5. Buyer and Seller Accounts: Both parties should have active Absher accounts.

Step-by-Step Guide to Istimara Transfer Car Ownership

1. Initiate the Transfer on Absher
  • Log in to your Absher account using your credentials.
  • Navigate to the “Vehicle Services” section and select “Vehicle Sale Service.”
  • Enter the vehicle details, including its registration number and the buyer’s information.
  • Agree to the terms and conditions to proceed.
2. Pay the Transfer Fee (Sadad Payment)
  • The transfer fee, is paid via online banking or through SADAD payment channels.
  • Ensure payment is completed before proceeding to the next step.
3. Buyer Accepts the Transfer
  • The buyer logs into their Absher account, goes to “Vehicle Services,” and accepts the transfer request.
  • Verify the vehicle details and accept the terms and conditions.
4. Finalize Insurance
  • The buyer must provide proof of valid insurance for the vehicle.
5. Complete the Transfer
  • Once all steps are completed, the ownership is transferred electronically.
  • The new registration document (Istimara) is issued under the buyer’s name.
Istimara in Saudi Arabia
Where to Perform MVPI (Fahas Appointment):

Fahas must be conducted at an authorized facility. You can book an appointment via the Fahas app or through their official website.

Valid Insurance: Ensure the vehicle insurance matches the buyer’s details before the transfer.

Vehicle Registration Plate: No vehicle with foreign registration plates can be sold unless it is re-registered under Saudi regulations.

Selling to Non-Saudis: Transfers to expatriates are allowed only for vehicles registered as private cars.

Useful Apps Links Fahas App Absher App

Conclusion

The process of transferring car ownership in Saudi Arabia is straightforward when all prerequisites are fulfilled and both parties follow the outlined steps. Leveraging digital platforms like Absher ensures the process is seamless, secure, and efficient. Always verify the documents and ensure compliance with Saudi traffic laws to avoid complications.

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