Industry overview
Legal framework and procedures
Acquiring real property and building are governed by the rules on planning and construction, on property relations and on the registration of rights, with separate rules for foreign persons and agricultural land.
Permits are issued in the unified procedure, and delays most often stem from unsettled title, inconsistency with planning documents and incomplete technical documentation.
Planning and constructionLocation conditions, construction and occupancy permits.
Registration of rightsProceedings before the cadastre.
Property and limited rightsEasements, mortgages and leases.
Foreign personsConditions for acquisition and reciprocity.
EnvironmentImpact assessment and approvals for certain buildings.
Taxes and dutiesTransfer tax, value added tax and property tax.