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Real Estate & Property Business Setup in Seychelles

Sanction required, no exceptions

Real Estate & Property Business Setup in Seychelles

A non-Seychellois cannot simply buy property here. Government sanction is required, and it is not a formality.

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Sanction is the whole question

Under the law restricting transfers of immovable property, a non-Seychellois needs government sanction to purchase or lease property, with a fee and an assessment. Land is scarce and policy is protective. Anyone who tells you this is a straightforward purchase process is not describing Seychelles.

  • Sanction position established before any deposit
  • What sanction does and does not give you, stated plainly
  • Honest when the acquisition will not be approved

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The rules

How property acquisition works

Sanction applies to purchases and leases.

QuestionPosition
Can a non-Seychellois buy freely?No. Government sanction is required.
Does it apply to leases?Longer leases are generally caught too.
Is there a fee?Yes, a sanction fee applies.
Is approval automatic?No. It is assessed, and can be refused.
Does buying give residence?No. Residence is a separate matter.
Can a company hold property?Ownership is looked through to the beneficial owners.

Property restrictions, sanction procedures, fees and policy are set by law and change, and approval is discretionary. Your position is checked before you commit. An International Business Company must at all times have a registered agent licensed by the Financial Services Authority. That is a statutory requirement in Seychelles. We co-ordinate your engagement with a licensed Seychelles registered agent and manage the process end to end; the regulated filings are made by them.

How it works

Working through an acquisition

Sanction before deposit, always.

01

Establish the position

Whether sanction is required for the property and transaction you have in mind, and what the prospects realistically are.

02

Structure and apply

Whether to hold personally or through an entity, with the sanction application prepared and submitted.

03

Complete and comply

Acquisition completed through the notarial process, with ongoing holding and tax obligations established.

Before you commit

What we need to know

Deposits paid before sanction is the common disaster.

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  • Nationality and residence status
  • The specific property and its title
  • Whether purchase or lease, and for how long
  • Purchase price and currency
  • Intended use — occupation, letting or business
  • Whether you will hold personally or via an entity
  • Source of funds
  • Whether financing is involved
  • Whether a deposit has already been paid
  • Whether residence is an objective
  • Existing Seychelles entities you hold
  • Whether the property is in a sensitive or coastal area

Scope

What is included, and what is not

Stated plainly, so nothing is added once the engagement starts.

Included in the service fee

  • Assessment of the sanction requirement
  • Honest view on prospects of approval
  • Holding structure recommendation
  • Entity incorporation where used
  • Sanction application preparation and submission
  • Co-ordination with the notary and conveyancing
  • Guidance on residence as a separate question
  • Ongoing compliance for the holding entity

Not included, quoted separately

  • Government and sanction fees, paid at cost
  • Purchase price and stamp duty
  • Notary and conveyancing fees
  • Valuations and surveys
  • Property finance arrangement
  • Property management and letting
  • Estate agency services
  • Regulated filings, made by the licensed registered agent

Verify independently

Official Seychelles authorities

We file directly with these bodies on your behalf.

Financial Services AuthoritySeychelles Licensing AuthoritySeychelles Revenue CommissionDepartment of EmploymentImmigration and Civil Status DivisionSeychelles Pension Fund

Questions

Seychelles property for non-Seychellois — FAQs

Can a foreigner buy property in Seychelles?

Not without government sanction, which is assessed and can be refused. It is the most restrictive element of operating here.

Does it apply to leases as well?

Longer leases are generally caught by the restriction too, which surprises people planning to lease rather than buy.

Does buying property give me residence?

No. Residence is a separate matter with its own criteria, and the two should not be conflated.

Can I buy through a Seychelles company instead?

Beneficial ownership is looked through, so a company does not circumvent the restriction. We set out what is actually available.

I have already paid a deposit — what now?

We will tell you straight away whether sanction is realistic. Establishing that before a deposit is always cheaper.

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