How to buy a property in Jordan
How to buy a property in Jordan
A guide for foreigners and expats purchasing real estate in Jordan in cities such as Amman.
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Image by Mahmood Salam via Flikr
This article is intended as a preliminary guide only and refers to some but not all elements required to consider in detail prior to starting any property dealings or due diligence. Property dealings are often complex, especially in foreign countries and we highly recommend you seek independent professional advice... read more...
Jordan, with a population of over 5 million people, has a range of geographical features from the Jordan Rift Valley in the West to the desert plateau of the East and small hills running the length of the country in between. From the historic archaeological site of Petra to modern cities, there is a mix of the old and new in Jordan. According to Better Homes,
Jordan is experiencing strong growth and investment in property due to the country’s high economic growth and political stability.
According to Gulf News, (Oct 2015) a foreigner-friendly investment policy offers tax discounts to non-Jordanians and there are plans for a new airport near Aqaba aim to boost investment in the southern resort city. Jordan Real Estate considers Jordan the most stable country in the Middle East and therefore a suitable place to invest.
Find areas to consider in Jordan here.
Who can buy property in Jordan
If your home country has a reciprocal arrangement with Jordan for buying property, then you can buy real estate in Jordan if you have the approval of the Council of Ministers.
Foreigners must hold on to any property they purchase for at least five years before they are allowed to sell. Jordan's capital city, Amman is where most expats rent and buy properties.
Residency Permits and Visas
- Work visas give foreigners permission to enter the country to work.
- Work permits are given to foreigners already in the country to allow them to work.
- Residency permits are given according to marriage and working circumstances, have a one-year term and are renewable annually.
Annual Residence Permit for the Purpose of Work are available from the official Jordanian e-government website.
How to buy real estate in Jordan
Foreigners use real estate agents to help with the search for property, and often use lawyers to help with the rest of the procedures in the transaction.
The property must be registered through, and a sale form obtained, through the Lands and Surveys Department.
The buyer must complete an application form filled out with personal information including the existence of a spouse and any minor children, in addition to a copy of the buyer’s passport and a cadastral map (a base map for purposes such as utilities, transportation, development and land use planning) issued within one year of the date of application, and a Certificate of Ownership, all from the Lands and Surveys Department.
You must also obtain a Tax Clearance certificate from the Ministry of Finance.
Fees
- Registration Fee of 9%, usually shared between the seller and the buyer, to transfer ownership of the title.
- Government Transfer Tax (4% of selling price from the seller and 6% from the buyer)
- Annual Property Tax which varies between Municipalities and determined by the size and location of the property
- Brokerage Fee, usually 2% of the selling price from each the buyer and seller
- Stamp Duty 0.6% to be paid by the buyer within 1 month of the conclusion of the contract
Real Estate Agents in Jordan
Better Homes
With many apartments and villas listed for sale and rent, Better Homes can help with rental agreements, sales contracts plus legal and financial issues.
Century 21
This international company is independently owned and can assist with sales, rentals and property management.
Abdoun Real Estate
25 years in the market, Abdoun Real Estate has a multilingual team and can help you to purchase or rent property.
Article sources:
UK Government - Living in Jordan
See also:
A foreigner’s guide to areas to buy and rent property in Jordan
For Sale: Luxury residential villa in Um Uthainah, Amman, Jordan
Wadi Rum Desert Resort by Oppenheim Architecture
This article and the above linked artciles are not complete and are intended as preliminary guides only. These guides refer to some elements to consider prior to starting any property dealings or due diligence. Property dealings are often complex areas, especially in foreign countries and we highly recommend you seek independent professional advice... read more...
As of January 2017, foreigners who purchase an immovable property in Turkey will be able to claim citizenship under certain criteria.
This article is intended as a preliminary guide only and refers to some but not all elements required to consider in detail prior to starting any property dealings or due diligence. Property dealings are often complex, especially in foreign countries and we highly recommend you seek independent professional advice... read more...
In a decree published by the Official Gazette in Turkey, the Turkish government has announced that its citizenship laws have been revised to encourage investment in many areas including property.
The new regulations include citizenship eligibility to those who purchase an immovable property worth a minimum of US$1,000,000, provided that the property is not sold within three years. Alternative criteria for citizenship include a deposit of at least US$3,000,000 in an account in a Turkish bank on the condition it is not withdrawn for least three years, or proof to the Ministry of Labor and Social Security to have created a minimum of 100 jobs in the country.
The timing of the decree corresponds with a period of currency depreciation. Over the last year, the Turkish lira saw a depreciation of 17 per cent against the US Dollar.
This article and the above linked artciles are not complete and are intended as preliminary guides only. These guides refer to some elements to consider prior to starting any property dealings or due diligence. Property dealings are often complex areas, especially in foreign countries and we highly recommend you seek independent professional advice... read more...
