Tunisia is a great place to visit and an excellent country to invest in. The tourist industry is booming due to its Mediterranean temperatures, great locations and quality developments and redevelopments of many locations funded by the government and investors. With the popularity of Tunisia growing all the time and more people traveling to Tunisia each year, investing into Tunisia is a real possibility, with many chances to buy property in top locations, like Djerba, Monastir and Hammamet. With property in locations like these it can be easily rented out as holiday homes. Buying property is becoming easier for foreigners although there are still strict guidelines but with a lawyer and help from agencies it is very achievable.Can a British Citizen own property in Tunisia?
Yes, as long as it is within town boundaries. A non-Tunisian cannot own agricultural land.
Are there formalities specific to a foreigner as regards owning property?
Yes. A written authorisation is required from the Governor of the region. This may take several months. We strongly advice that you do not, in any circumstances, agree to purchase land or property in someone else's name pending formalities. Hand over no money until you have seen, and all parties concerned have signed proper deeds of sale. Accept no promises not supported by legal documents, however friendly your associate. If he/she is serious, you should expect this to be seen in legal paperwork.
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