Can foreigners own property in Mongolia?
Yes. Foreign ownership of “Immovable Property” is allowed in Mongolia although ownership of land by foreigners is not. The owner of an apartment is issued an apartment ownership certificate which is the same as the local resident’s certificates. This certificate can be sold or even used as collateral at the banks. This ownership certificate is protected by Mongolian law.
Yes. Foreign ownership of “Immovable Property” is allowed in Mongolia although ownership of land by foreigners is not. The owner of an apartment is issued an apartment ownership certificate which is the same as the local resident’s certificates. This certificate can be sold or even used as collateral at the banks. This ownership certificate is protected by Mongolian law.
