Buying property in Seychelles as a foreign investor: the sanction process explained

For many international clients, the Seychelles is an attractive place to own a home or holiday property. But unlike a local purchaser, a non-Seychellois cannot simply sign a contract and complete. Foreign ownership of immovable property is regulated, and the key step is obtaining Government sanction before the transfer can be registered.

Why sanction is required

Seychelles law restricts the acquisition of land and buildings by non-citizens. The purpose is to manage how a small island nation's finite land is held. In practice it means a foreign buyer — or a company with foreign ownership — must apply for and receive sanction from the relevant authority before acquiring an interest in property, including long leases.

The process, step by step

• Agree terms. The buyer and seller agree the price and conditions, usually in a conditional sale agreement that is subject to sanction being granted.
• Prepare the application. We compile the sanction application, including identity and background documents, proof of funds, and details of the property.
• Submit and pay the fee. The application is lodged with the authority together with the prescribed processing fee.
• Assessment. The authority reviews the application. This can take several weeks to a few months depending on the matter and the completeness of the file.
• Sanction granted. Once approved, a sanction fee is typically payable, calculated as a percentage of the property value.
• Completion and registration. The transfer deed is executed before a notary and registered, and the buyer takes title.

Common pitfalls to avoid

• Paying before conditions are met. Funds should be properly protected until sanction is confirmed.
• Incomplete applications. Missing documents are the most frequent cause of delay — a thorough file moves faster.
• Overlooking ongoing obligations. Foreign ownership can carry conditions; understand them before you commit.
• Company structures. If you intend to hold through a company, the ownership chain must be planned carefully from the outset.

How we help

We guide foreign buyers through the entire journey — from structuring the purchase and preparing a complete sanction application, to conveyancing, notarial execution and registration. The goal is a transaction that is both efficient and secure, with no surprises after completion.