No Agricultural Land for Foreigners
RestrictiveUnder the 2025 Land Code, foreigners can own urban property but are barred from acquiring agricultural and forest land, directly or through companies with foreign participation.
- Foreigners can freely buy urban apartments, houses and buildable urban land
- Foreign individuals and companies with foreign participation cannot acquire agricultural or forest land
- If agricultural/forest land passes to a foreigner by inheritance, court decision or mortgage, it must be alienated within one year
- Property purchase alone does not grant residency or citizenship
- Always verify the land category at the Cadastre before purchase
- Elevated geopolitical and currency risk warrants conservative underwriting
