Yes, foreigners are allowed to buy property in Poland, both residential and commercial. However, there are some specific regulations and requirements that apply:
1. EU/EEA/Swiss citizens:
Citizens of European Union countries, the European Economic Area (EEA), and Switzerland have the same rights as Polish citizens when purchasing property in Poland. They can freely buy properties without any special permits or restrictions.
2. Non-EU/EEA foreigners:
– For residential properties: Non-EU/EEA foreigners must obtain a permit from the Ministry of Internal Affairs and Administration to purchase residential properties, such as apartments or houses.
– For commercial properties: No special permit is required to buy commercial properties like offices, retail spaces, or land for business purposes.
3. Requirements for the permit:
– You must have a valid residency card or another document confirming your right to reside in Poland.
– You need to demonstrate a legal source of funds for the purchase.
– The purchase should not threaten public order, security, health or the environment.
4. Exceptions:
Some foreigners, such as spouses of Polish citizens, permanent residents, and companies with foreign capital doing business in Poland, are exempt from needing a permit.
The permit process generally takes 2-3 months from the submission of the application. It’s recommended that you hire a Polish lawyer to assist with the paperwork and requirements.
While Poland welcomes foreign property buyers, non-EU citizens need additional bureaucracy when purchasing residential real estate compared to EU nationals. Working with local legal experts can help navigate the regulations smoothly.
Europe offers a wide range of property investment opportunities. Understanding the process is crucial whether you’re considering a vacation home, a buy-to-let, or a permanent move. Here’s a breakdown of the key steps and considerations.
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