Nowadays the Real Estate Market in the Republic of Belarus Has Become Freely Accessible for Foreigners

According to article 12 of the law regarding the legal status of foreign citizens and stateless persons in the Republic of Belarus; foreigners can obtain property in ownership, inherit or bequeath it. They may have other property rights in the order established by the legislation of The Republic of Belarus, including international treaties.

The procedure of acquiring property by foreigners is almost identical to that for residents of Belarus. Nevertheless, when buying domestic property, foreigners can only lay claim to structures or buildings and not the land on which they stand.  In any case, the acquisition of the building without the right of land plot is possible.

Regarding the articles 12 and 14 of the Code of the Republic of Belarus (Earth Code) foreign citizens have only the right to lease land plots. However, the Earth Code sets up the right for foreign citizens to gain ownership of a land plot by the way of  inheritance.

According to the Law “About the state registration of real estate, rights to it and transactions with it” real estate transactions are not required to be certified by notary. As a general rule according to the Civil Code of the Republic of Belarus, transactions with real estate are subject to state registration. This means, that the real estate transaction is considered  concluded at the moment of state registration. Only after the registration process is complete does the buyer become the legal owner and legally hold the title of the dwelling that they have purchased.

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