Property
Citizens only for land ownership; foreigners take use rights
Land may be owned only by Mongolian citizens. Foreign individuals and companies may hold land-use or possession rights for defined terms, and may own buildings outright.
Key rules
- Jurisdiction — Immovable property rights are registered with the General Authority for State Registration.
Governing law
- Law on Land2002
- Law on Allocation of Land to Mongolian Citizens for Ownership2002
- Civil Code of Mongolia2002
In practice
Possession rights run for up to 60 years and are renewable once for up to 40 years; shorter use rights are also available. Buildings are treated separately from land, so a foreign company can own an office building while holding only a use right in the plot. Every citizen has a one-time entitlement to a free plot for family housing. Pasture land is held in common and cannot be privatised, which matters for any project affecting herding routes.