What Diaspora Buyers Must Know About the 50-Year Lease Rule in Ghana
One of the biggest shocks for new diaspora investors is the 50-year lease limit. According to Section 10 of the Land Act, a non-citizen (including a company that is more than 40% foreign-owned) can only hold a lease for up to 50 years.
So, what happens after 50 years? You or your heirs can apply to renew the lease. But renewal is not automatic — you must have complied with the terms of the lease and maintain good relations with the landowners.
Tip for strategy: Many diaspora investors buy property in gated communities or estates because the developers usually structure leases with clear renewal terms. This makes long-term planning easier.
Takeaway: Don’t see the 50-year lease as a barrier. Instead, view it as a renewable cycle. Plan for renewal in your investment model.
Yaba