Freehold Land

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  • Malaysia: Foreigners can own freehold land, except for heritage properties (e.g., colonial-era shophouses). Minimum price thresholds (e.g., RM1 million in some states) and state approval may be required. The Malaysia My Second Home (MM2H) program offers residency through property investment.
  • South Korea: Foreigners can buy land, particularly in designated areas like Jeju Island, where a $1 million investment can lead to residency. Restrictions may apply in major cities like Seoul or Busan unless normal residency channels are followed.
  • Taiwan: Foreigners can own land freely, but property ownership doesn’t grant residency rights, and high prices and low rental yields make it less attractive for investment.
  • New Zealand: Australians face minimal restrictions due to reciprocal agreements, but other foreigners can buy land with some limitations, particularly on “sensitive land” under the Overseas Investment Act.
  • Fiji: Foreigners can buy limited freehold land with the Minister of Lands’ consent, often requiring construction within a set timeframe.
  • Malta: Non-EU nationals can buy property, but outside Special Designated Areas, an Acquisition of Immovable Property (AIP) permit is needed. Residency or citizenship by investment programs is available.United States: No citizenship or residency requirement exists for land purchases. Foreigners enjoy the same property rights as citizens, except near borders for security reasons.
  • Canada: Foreigners can buy land, except for residential properties until January 1, 2027, under the Prohibition on the Purchase of Residential Property by Non-Canadians Act. Commercial land is unrestricted. Each province sets its own rules.
  • Turkey: Foreigners can buy land, except in military, strategic, or security zones. Restrictions limit foreign ownership to 10% of a town’s area or 30 hectares nationwide, and development plans must be submitted within two years for land purchases. Citizenship by investment is available for $400,000 in approved real estate.
  • Saint Lucia: Foreigners can purchase property with no residency requirement. A $300,000 minimum investment in approved real estate qualifies for citizenship by investment.
  • Vanuatu: Foreigners can buy leasehold land (50–75 years). No residency or citizenship is required, and there are no annual property, income, or capital gains taxes.
  • Costa Rica: Foreigners have the same property rights as locals, with a $150,000 investment qualifying for investor residency.
  • Spain: Foreigners can buy property freely, with a $500,000 investment qualifying for the Golden Visa program, leading to residency and potential citizenship after 10 years.
  • Portugal: No restrictions on foreign property ownership, though real estate no longer qualifies for the Golden Visa program as of 2024.
  • Greece: Foreigners can buy property, with a €250,000 investment in certain properties (e.g., converted or restored) qualifying for the Golden Visa, leading to residency and citizenship after seven years.
  • United Arab Emirates (UAE): Foreigners can buy property in designated areas (e.g., Dubai, Abu Dhabi) with no income tax. A $400,000 investment in approved projects qualifies for a long-term visa.
  • Argentina: No restrictions on foreign ownership, except near borders, which requires additional paperwork.
  • Bahamas: Foreigners can buy land but must register purchases with the Foreign Investments Board. Special permits are needed for land over 5 acres or for rental/commercial use.
  • Anguilla: Foreigners can buy up to half an acre with an Alien Landholding License, requiring construction within 18 months. A $750,000 investment grants permanent residency.
  • Barbados: Foreigners can buy land, with no specific restrictions noted, and it’s popular for U.S. investors.
  • Turks and Caicos: Foreigners can buy land, especially in developed areas like Providenciales, with no citizenship requirement.
  • Brazil: Foreigners can buy property, with permanent residency available through real estate investment (amount tied to 350 times the national minimum wage, ~$335).
  • Antigua and Barbuda: A $400,000 real estate investment qualifies for citizenship by investment, with no residency requirement.
  • Dominica: Citizenship by investment is available with a $200,000 real estate purchase, plus additional government fees, with a three-year holding period.
  • Namibia: Foreigners can buy land in approved locations (e.g., President’s Links Estate) for residency through investment.
  • France, Germany, Italy, UK: No restrictions on foreign property ownership, except for military or border areas.
  • Japan: Foreigners can own land without restrictions.
  • Georgia: Foreigners can buy non-agricultural land freely.
  

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