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by inglor_cz 1749 days ago
"A foreigner can't just buy houses there."

This seems to be in conflict with the common market principles. EU countries cannot economically discriminate against EU citizens, with only a few exceptions aimed at reduction of welfare tourism.

Or does Denmark have an opt-out?

And what about real property owned by legal entities? Czechia used to have a ban on real property ownership by foreigners before EU accession, but foreign investors would just create a local LLC and buy/build whatever they wanted.

1 comments

No it does not. You can't even buy a house if you are a Dene that does not live/work in that city. You can buy a house and live there. You are free to do so, but you are not allowed to buy a house to rent it out. It is typical European market regulation. Amsterdam is also setting up this legislation to do this.
> You can't even buy a house if you are a Dene that does not live/work in that city. You can buy a house and live there. You are free to do so, but you are not allowed to buy a house to rent it out.

It seems that you're saying the restriction is tied to residency and not citizenship, which implies that non-citizens can purchase property as they don't rent it out (even if they don't actually live in it?).

This may not prevent the problems that come from some foreign property investment that is driven by seeking to protect wealth from government seizure rather than to produce passive income.

What about corporations? Can they, for example, purchase property in order to give employees rent-free housing?