When it comes to real estate transactions in Poland, specific limitations are imposed on property purchases by foreigners. In this context, the term “foreigner” encompasses individuals who are neither citizens nor residents of European Union countries, as well as companies controlled by foreigners.
Overcoming Restrictions with a Specialized Real Estate Law Firm
The acquisition of real estate, excluding residential apartments, requires approval from the Minister of the Interior and the Polish Administrator.
Foreign buyers, however, can still navigate the Polish real estate market through the establishment and registration of a local company prior to land acquisition. It is essential to emphasize that the inclusion of additional partners in an existing property ownership requires the approval of both the Minister of the Interior and the Polish manager.
At our real estate law firm, we possess extensive expertise in planning and executing real estate transactions for Israeli buyers. Our dedicated team is committed to finding optimal solutions within the legal framework, assisting in establishing the necessary structures, and devising strategies for the inclusion of future partners in the transaction.
If you would like to delve deeper into the intricate details surrounding restrictions on real estate purchases by foreigners in Poland, we invite you to explore further for a more comprehensive understanding. As a specialized real estate law firm, we are well-equipped to guide you through the complexities of the process and provide valuable insights tailored to your specific needs.