Regional Information - Foreign Ownership > Finland, Europe

Feature Island

Regional Information

Finland is truly a country of lakes and islands. Most of Finland is covered by thick forests of pine and spruce, but the 60,000 inland lakes provide some colour relief to a country of green. Not surprisingly, Finland is a country of boats too; shipbuilding and fishing are major economic contributors. During the months of the midnight sun, Finland’s waters are a sailing paradise. A private island in Finland is likely to sit on one of its lakes and include a sauna and modern cabin.

Finland, Europe

Foreign Ownership of Islands in Finland, Europe

In Finland there is no restriction on foreign investment in real estate and all investment is considered to be very secure. The real estate information system in Finland is computerized, public and reliable. You don’t need official permission to buy real estate. Real estate ownership in Finland is often owned by a company, meaning the real estate itself is incorporated. There is a difference between taxation for an individual foreign investor and a real estate investment in corporate form. Since income from real property and profit on sale is income obtained in Finland, real estate investments must be structured with care, most frequently through a Finnish holding company.

Regional Statistics for Finland, Europe

Location:: Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, and Gulf of Finland, between Sweden and Russia
Population:: 5,231,372
Languages:: Finnish (official), Swedish (official)
Capital:: Helsinki
Currency:: Euro
Climate:: cold temperate; potentially subarctic but comparatively mild because of moderating influence of the North Atlantic Current, Baltic Sea, and more than 60,000 lakes
Temperature Range:: -30 to +30
Terrain:: mostly low, flat to rolling plains interspersed with lakes and low hills
Natural Hazards:: N/A