From this article, you will learn whether, as a foreigner, you need to obtain a decision permitting you to buy real estate in Poland, how to prepare an application for such a decision, and what will happen if you purchase real estate without the required permit.
Do you know what the oldest Polish law still in force today is?
….?
It is the Act of March 24, 1920, on the acquisition of real estate by foreigners. It is already 105 years old! This act was issued in the interwar period, survived the Polish People’s Republic and the political transformation in Poland! Since its issuance, it has been amended many times, and its current version has little in common with the 1920 version. In fact, only one statement remains almost unchanged from its original version, namely:
The acquisition of real estate by a foreigner contrary to the provisions of this Act is invalid (in 1920 it was Article 7 of this Act, and currently it is Article 6(1)).
This provision is probably the most important provision of this Act. If you are a foreigner and want to purchase real estate in Poland, you need to know that in some cases you will have to obtain the appropriate permit in order to do so in a valid and effective manner.
If you purchase real estate without obtaining the required permit, this legal transaction will be considered invalid at the moment it is performed. This would mean that it would have no legal effect and that such a defective transaction cannot be “remedied,” e.g., by obtaining a permit at a later date. How can this be avoided? You will find out in this post. I invite you to read on!
Permit for the purchase of real estate by a foreigner – who must obtain it?
A permit for the purchase of real estate in Poland should be obtained by a foreigner. However, you should know that according to the polish Act on the Acquisition of Real Estate by Foreigners, a foreigner is not only a natural person who does not have Polish citizenship. …