How Kenya compares to other emerging markets for foreign property ownership
Making It Easy To Invest In Emerging Market Real Estate
Foreigners looking to buy property in Kenya will face some restrictions. Non-nationals can only acquire land on a leasehold basis, with leases granted for a maximum period of 99 years.
However, in countries like Colombia and Pakistan, foreigners have an easier time buying real estate than they would in Kenya and many of its neighbours. There are different, specific reasons for this ease, which vary from nation to nation.
So how does Kenya compare to other nations when it comes to foreign property ownership? Leading property portal Lamudi Kenya has compiled the following list to make it easy to invest in the emerging markets.
Although the Philippines and Myanmar are both great locations to invest in real estate, they have several restrictions for foreigners. These are justified as they are intended to give greater opportunities for locals to own property.
The Philippines requires foreign investors to be part of a Filipino corporation in order to buy real estate, or in the case of condominiums, foreign investment is capped …read more