Acquisition of Real Estate
The rules for the acquisition of real estate in the Czech Republic are not applicable universally. There are still exceptions which limit foreign persons (including citizens of the European Union) in acquiring certain types of real estates, despite the fact that the Czech Republic has been a member of the European Union since 2004.
Acquisition of domestic real estate by residents (i.e.by natural persons who have a permanent residence in the Czech Republic or by legal persons which have their seat in the Czech Republic) or by non-residents (i.e. by natural persons who do not have a permanent residence in the Czech Republic or by legal persons which do not have their seat in the Czech Republic), is ruled by: Foreign Exchange Act No. 219/1995 Coll., as amended (most recently in the year 2000 by Acts Nos. 159/2000 Coll. and 362/2000 Coll. and in the year 2001 by Act No. 482/2001 Coll.
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Act No. 229/1991 Coll., on the Arrangement of ownership relations towards agricultural land and other agricultural property, as amended,
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Act No. 95/1999 Coll., on Conditions relating to the transfer of agricultural land and forests from the state ownership to ownership of other entities.
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Commercial Code, No. 513/1991 Coll., as amended (most recently in the year 2000 by Acts Nos. 30/2000 Coll., 367/2000 Coll. and 370/2000 Coll.),
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Civil Code, No. 40/1964 Coll., as amended (most recently in the year 2000 by Acts Nos. 227/2000 Coll. and 367/2000 Coll.).
Thank you for visiting pages of the Economic and Trade Department of the Czech Embassy in Brussels. As a part of our public service, the published information aim to provide everyone interested with information for general purposes and overview. However, since most of the information published here comes from Czech Business and Trade 1/2010 (Authors: Jakub Adam and Petr J. Syrovátko), our Embassy does not accept responsibility for its accuracy.
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