Lawyer, Law Office

+1

Fiker Getachew and Associates Law Office

Company Name

Real Estate Tansactions and Due Diligence Services

Type

Yes

Free Consultation

Office Meeting

Meeting Type

more than 5 years

Work Experience

Yes

Round-the-Clock Service

New Legal Update in Ethiopia Foreign Nationals Ownership of Residential Houses Proclamation No. 1388/2025 Ethiopia has officially opened the door for foreign nationals to own residential houses under a regulated legal framework designed to attract investment while protecting national interests. Foreigners can own residential property on leased land Minimum investment: USD 150,000 per house Ownership limited to residential use only Eligibility for residence permits or long-term visas Full repatriation of income in foreign currency Strict conditions apply, including security clearance, financial proof, and Ministry approval. Ownership in restricted areas and government condominium housing remains prohibited. This landmark law strengthens Ethiopia’s position as a growing investment and real estate destination.

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