Acquisition of real estate by foreign nationals from the perspective of EU law

Abstract

EU law guarantees real estate investments to nationals of EU Member States and third countries under the rules on free movement of capital. However, internal market freedoms are not absolute and can be restricted.

Thus, the Czech Republic has the potential to regulate the acquisition of real estate by foreign nationals in response to the deteriorating availability of housing, but only if the conditions of EU law are met.

Keywords

• Restriction of free movement of capital
• real estate investments
• availability of housing
• acquisition of real estate by foreigners.