Foreign land and property ownership in Uganda is subject to specific laws and regulations. Here are some key points to consider regarding foreign land and property ownership in Uganda, along with potential capital control implications:

1. Land Tenure System:

   • Uganda's land tenure system includes customary, mailo, leasehold, and freehold land. Most land is held under customary tenure, but leasehold and freehold land is also available.

2. Foreign Ownership of Land:

   • Foreign individuals and entities can own land and property in Uganda, subject to certain restrictions and conditions. However, there are limitations on land ownership by non-citizens, especially with regards to customary land and land near the borders.

3. Land Purchase Process:

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   • The acquisition of land in Uganda often involves obtaining approval from the Uganda Land Commission and the Ministry of Lands for transactions involving foreigners.

4. Capital Control Implications:

   • Uganda has regulations and controls in place that can affect the repatriation of funds from property transactions. The Bank of Uganda oversees foreign exchange regulations.
   • Foreign investors may face restrictions on transferring sale proceeds and rental income out of the country, and the process may involve documentation and approvals.

5. Legal Advice and Due Diligence:

   • Legal advice and due diligence are essential when investing in Ugandan real estate to ensure compliance with local laws and regulations and to manage potential risks.

6. Investment Promotion:

   • Uganda actively promotes foreign investment, including in the real estate sector. Investors may find incentives and programs designed to attract foreign capital.

7. Land Rights and Land Titles:

   • Clear and secure land rights and titles are crucial in Uganda, as land disputes can be common, especially on customary land.

8. Lease Terms and Duration:

   • Foreign investors typically enter into leasehold arrangements, which may have varying durations. Lease agreements should be carefully negotiated and documented.

It's important to stay informed about any changes in Ugandan laws and regulations, as well as any updates to capital control policies and foreign exchange regulations. Consulting with legal professionals, financial institutions, and relevant government authorities for the most up-to-date information is highly recommended when considering real estate investments in Uganda. Additionally, be aware of the specific limitations on foreign land ownership, especially in areas of sensitive national interest or near the borders.