US EditionGreenland Limits Foreigners' Right to Property
The law restricts property purchases to Danish nationals and residents of Greenland, the Faroe Islands, and Denmark, requiring two years of residency and tax compliance for others.
- On Nov 13, Greenland's parliament, Inatsisartut, adopted legislation limiting foreigners' right to own property on the island, approving the text late on Thursday.
- Rising American interest prompted Greenlandic politicians to act after a Danish daily Politiken survey earlier this year showed growing US interest in buying Greenland property.
- Under the new rules, only people and companies from Greenland, the Faroe Islands and Denmark may buy property, while non-Danish buyers must meet two years' residency and tax requirements or seek special permission from the Naalakkersuisut.
- The law takes effect on Jan 1 and carries fines for breaches, with tougher approval rules for foreign nationals seeking approval affecting enforcement and transactions.
- All land in Greenland is state‑owned though individuals can obtain land‑use rights, and Greenlandic lawmakers remain divided over residency rules amid strategic interest voiced by President Donald Trump.
21 Articles
21 Articles
From 2026 onwards, foreigners can only acquire land in Greenland if they have lived there for two years and paid taxes. Prior to that, the interest of US investors grew.
In Greenland, Parliament passed on Thursday, 13 November, a law limiting the right of foreigners to own the Arctic island, which is the source of the desire of American investors for their rare lands.
Die Presse
der Standard ATMore and more US citizens want to buy land on Greenland. Donald Trump had threatened to take over the island. Now the government reacts.
Greenland's parliament passed a law on Thursday that restricts the right of foreigners and foreign companies to own real estate in Greenland, following growing interest from American investors in the vast Arctic island, which US President Donald Trump is seeking to acquire.
The Greenland parliament passed a law on Thursday that limits the right of foreigners to access property on the immense Arctic island, after a growing interest from US investors.
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