Are there any areas where Foreigners cannot buy land or property?
Mainly there are no legal restrictions against foreign nationals regarding the acquisition of property ownership. However, the Village Act and the Military Prohibited and Security Areas play an important role; Article 87 of the Village Act denies the right of foreigners to own property that is outside the centre of a village in case the cadastral division of this area had not been arranged yet or it may belong to the Ministry of Forest. Also, the Act concerning Military Prohibited and Security Areas can be an impediment and therefore may restrict the acquisition of property by foreign nationals if the property is located within a particular distance of military sites or strategically important areas.
