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Tunisia clarifies foreigners' property holdings

Tunisia clarifies foreigners' property holdings

The Ministry of State Properties and Land Affairs in Tunisia clarifies that the real estate holdings of foreigners are divided into agricultural properties and properties of an urban nature. Law No. 5 of 1964, which places ownership of agricultural lands in the hands of Tunisians, has been applied, resulting in the regularization of a large portion of the agricultural lands previously owned by foreigners and their incorporation into the national real estate inventory, along with the completion of transferring ownership of other properties. As for properties of an urban nature, these include built or acquired properties prior to 1956. There are 12,305 such properties, of which 7,645 are owned by French nationals and have been transferred to the state under agreements made in 1984 and 1989. The remaining 4,660 are still in the hands of foreigners, and they are managed by real estate agencies or the Tunisian Land Company. Transactions involving the sale of built or acquired properties before 1956 are subject to official authorization; however, French and Italian owners are exempt from this requirement when selling their properties after their ownership status has been regularized. The National Real Estate Company manages the real estate inventory, overseeing the legal status of vacant properties to ensure proper administration, including implementing eviction or renovation procedures when necessary. The goal is to clarify ownership status and ensure compliance with Tunisian laws.

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