Czech Real Estate Purchasing

Czech Republic Real Estate Acquisition by Foreigners (2025)
The regulations regarding real estate acquisition by foreigners in the Czech Republic have evolved significantly since the information you provided.
Here's an updated overview for 2025:
EU/EEA Citizens and Swiss Nationals:
- Citizens of EU member states, EEA countries (Iceland, Liechtenstein, and Norway), and Switzerland have largely the same rights as Czech citizens regarding real estate acquisition.
- They can freely purchase residential and commercial properties without restrictions.
Non-EU/EEA Citizens:
- Restrictions Lifted: The previous restrictions that required non-EU citizens to obtain a business license or establish a company to purchase real estate have been largely lifted.
- Acquisition Rights: Non-EU citizens can generally purchase residential and commercial properties in the Czech Republic.
- Agricultural Land and Forests: There may still be restrictions on the acquisition of agricultural land and forests by non-EU citizens.
It is very important to verify the current regulations. - Specific Cases: The instances you mentioned, such as inheritance, diplomatic representation, divorce settlements, and land ownership for construction, are still generally valid.
Key Changes and Considerations:
- EU Accession: The Czech Republic's accession to the European Union significantly changed the rules regarding real estate acquisition.
- Equal Treatment: The principle of equal treatment for EU citizens has been established.
- Due Diligence: It is crucial for all foreign buyers to conduct thorough due diligence before purchasing real estate in the Czech Republic.
This includes verifying property ownership, checking for any encumbrances, and understanding the legal implications of the purchase. - Legal Representation: It is highly recommended to engage a Czech lawyer specializing in real estate transactions.
- Land Registry: All real estate transactions must be registered in the Czech Land Registry.
- Financing: Foreign buyers may be able to obtain mortgages from Czech banks, but the terms and conditions will vary.
- Tax Implications: Property acquisition and ownership may have tax implications, so it's essential to consult with a tax advisor.