Are foreigners allowed to own property in Libya?
When we asked expats in Libya if foreigners are allowed to own property, they answered...
"Foreigners are not allowed to own property in Libya. According to the Libyan Investment Authority, foreign investors are only allowed to lease land and buildings for a period of up to 99 years. Foreigners are also not allowed to own shares in Libyan companies. The only exception is for foreign companies that are registered in Libya and have a Libyan partner," remarked another expat in Libya.
Other Questions:
- What do I need to know before retiring in Libya?
- How do I meet people in Libya?
- What is life like in Libya?
- Is there a lot of crime in Libya?
- Is there a lot of diversity? Are people in Libya accepting of differences?
- What are the schools in Libya like?
- Is the cost of living in Libya high?
- What advice do you have for expats having a baby in Libya?
- What are healthcare services like in Libya?
- Is the cost of living in Libya high?
- What type of recreational facilities are in Libya?
- What is the weather like in Libya?
- Are there good restaurants in Libya?
- Where will I buy groceries and do other shopping in Libya?
- What are the visa & residency requirements in Libya?
- Are healthcare and health insurance expensive in Libya?
- What do I need to know when buying property in Libya?
- Are foreigners allowed to own property in Libya?
- What appliances are typically included in a rental?
Are foreigners allowed to own property in Libya?
If you live in Libya, newcomers to Libya would love to hear your answer to this question: