Poland — Property: Foreign Ownership

Why this matters

Foreigners considering purchasing property in Poland should be aware of the rules regarding foreign ownership to avoid potential complications or restrictions.

Key facts

• Foreign nationals from outside the EEA and Switzerland need a ministerial permit to acquire real estate under the 1920 Act.
• The acquisition of a separate residential premises (an apartment) is exempt, as is acquisition by a foreigner who has lived in Poland at least 5 years after receiving a permanent or EU long-term residence permit.
• EEA and Swiss citizens do not need a permit; the permit fee is PLN 1,570 stamp duty.
• Non-EEA foreigners also need a permit to buy shares in a Polish company owning Polish real estate. Sources are dated, so check the current ISAP text.

Steps

1. Step 1: Verify Eligibility — Determine whether you are eligible to purchase property in Poland, taking into account your citizenship, residency status, and any potential restrictions on foreign ownership.
2. Step 2: Obtain Necessary Documents — Gather required documents, including a valid passport, ID, and proof of funds, and ensure they are properly translated and notarized if necessary.
3. Step 3: Register the Property — Work with a Polish lawyer or real estate agent to register the property in the Land and Buildings Register (Kataster Gruntowy).