Are foreigners allowed to own property in Nigeria?
When we asked expats in Nigeria if foreigners are allowed to own property, they answered...
"Foreigners are allowed to own property in Nigeria, but there are certain restrictions in place. Foreigners are not allowed to own land in Nigeria, but they can own buildings and other structures on the land. Foreigners can also own shares in Nigerian companies, but they must obtain approval from the Nigerian Investment Promotion Commission before doing so. Additionally, foreigners must obtain a Certificate of Occupancy from the relevant state government before they can own any property in Nigeria," remarked another expat who made the move to Nigeria.
Other Questions:
- What do I need to know before moving to Nigeria?
- How do I find a place to live in Nigeria?
- What is a typical expat home or apartment like in Nigeria?
- What is the average cost of housing in Nigeria?
- Should I buy or rent a home in Nigeria?
- What should I pack when moving to Nigeria?
- What cultural faux pas should I try to avoid making in Nigeria?
- Why do people move to Nigeria?
- What are healthcare services like in Nigeria?
- What are medical services in Nigeria like?
- What are typical rents in Nigeria?
- What appliances are typically included in a rental?
Are foreigners allowed to own property in Nigeria?
If you live in Nigeria, newcomers to Nigeria would love to hear your answer to this question: