Are foreigners allowed to own property in Ethiopia?
When we asked expats in Ethiopia if foreigners are allowed to own property, they answered...
"Foreigners are not allowed to own property in Ethiopia. The Ethiopian government does not permit foreign nationals to purchase land or real estate in the country. However, foreigners may lease property for up to 50 years with the approval of the Ministry of Urban Development and Construction. Additionally, foreign investors may own shares in Ethiopian companies, but they are not allowed to own more than 49% of the company," commented one expat who made the move to Ethiopia.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Are foreigners allowed to own property in Ethiopia?
If you live in Ethiopia, newcomers to Ethiopia would love to hear your answer to this question:
