Are foreigners allowed to own property in Czech Rep?
When we asked expats in Czech Rep if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Czechia. Non-residents of the Czech Republic are allowed to purchase real estate in the country, however, they must obtain a permit from the Ministry of Interior before doing so. The permit is usually granted if the buyer can prove that the purchase is in the public interest or if the buyer is a citizen of an EU member state. Additionally, foreign buyers must also register the property with the local land registry office," explained one expat living in Czech Rep.
"Yes, all foreigners, no matter what nationality are allowed to buy property in the Czech Republic. There have been no restrictions on foreign ownership of property since the country joined the European Union in 2004. This applies to both EU citizens and citizens from non-EU countries. All foreigners can purchase property in the Czech Republic with minimal restrictions. They may simply need to present a valid passport as identification during the purchase process. Some foreigners might find it helpful to have a local representative manage the purchasing process, especially if there are language barriers or complexities involved," wrote Irena Economou from Urban Address Prague.
Irena Economou is the founder of Urban Address Prague, a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic.
Click connect to have our partner, Irena, contact you via e-mail and/or phone.
Irena Economou is the founder of Urban Address Prague, a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic.
Click connect to have our partner, Irena, contact you via e-mail and/or phone.
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Are foreigners allowed to own property in Czech Rep?
If you live in Czechia, newcomers to Czechia would love to hear your answer to this question: