ARTICLE · 17 JULY 2025

Multilaw Real Estate Guide 2025 – Myanmar

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Foreign individuals and companies are not allowed to own real estate in Myanmar, except for condominiums, of which foreigners may own up to 40% of the total units of a condominium building.

MyanmarReal Estate and Construction

Yuwadee Thean-Ngarm

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Restrictions

Can anyone (including foreigners) own and occupy real estate in your jurisdiction (including shares in property owning companies)? Are there any restrictions?

Foreign individuals and companies are not allowed to own real estate in Myanmar, except for condominiums, of which foreigners may own up to 40% of the total units of a condominium building.

The Myanmar Companies Law (2017), which came into force in August 2018, allows Myanmar companies to have up to 35% foreign shareholding without changing the legal status of the company to be foreign-owned, and technically that local Myanmar company with 35% foreign ownership may own immoveable properties such as land. However, the Transfer of Immovable Property Restriction Law (1987) is still unchanged, and it does not allow for foreign companies or individuals to own land in Myanmar.

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