Foreign Real Estate Ownership Restrictions
Open
Foreigners can generally buy residential freehold on the same terms as locals.
Light restrictions
Foreign ownership is broadly allowed, but there are limited exclusions, such as agricultural land, border zones, coastlines, islands, or strategic areas.
Conditional
Foreigners can own property, but meaningful conditions apply, such as government approval, reciprocity, residency, minimum prices, quotas, or designated areas.
Major restrictions
Foreigners generally cannot freely own land/freehold. They may be limited to apartments, condominiums, leaseholds, use rights, or specially approved developments.
Effectively closed
Ordinary foreign buyers generally cannot purchase residential property, except in narrow or exceptional circumstances.
Foreigners can generally buy residential freehold on the same terms as locals.
Light restrictions
Foreign ownership is broadly allowed, but there are limited exclusions, such as agricultural land, border zones, coastlines, islands, or strategic areas.
Conditional
Foreigners can own property, but meaningful conditions apply, such as government approval, reciprocity, residency, minimum prices, quotas, or designated areas.
Major restrictions
Foreigners generally cannot freely own land/freehold. They may be limited to apartments, condominiums, leaseholds, use rights, or specially approved developments.
Effectively closed
Ordinary foreign buyers generally cannot purchase residential property, except in narrow or exceptional circumstances.