Gambia
Are foreigners allowed to own property in Gambia?
When we asked expats in Gambia if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Gambia. The Gambian government has established a legal framework that allows non-citizens to purchase and own real estate in the country. Foreigners are required to obtain a permit from the Ministry of Lands and Regional Government in order to purchase property in Gambia. The permit is valid for a period of five years and can be renewed. Additionally, foreigners are required to pay a transfer tax of 5% of the purchase price of the property," commented one expat who made the move to Gambia.
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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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Other Questions:
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- Are foreigners allowed to own property in Gambia?
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Are foreigners allowed to own property in Gambia?
If you live in Gambia, newcomers to Gambia would love to hear your answer to this question:
