- Initial Payment and Financing Options: The client begins the process by making an initial payment, typically set at 40% of the total price. They also have the option to spread the remaining payment over installments for up to 12 months.
- Legal Procedures in Poland: The transaction continues with the conclusion of the lease agreement assignment in Poland. This step may require the client to provide a Power of Attorney if they cannot be present in person.
- Travel to Madagascar: The client then travels to Madagascar to meet with a designated lawyer. This visit is crucial for confirming the assignment of the agreement at a notary's office.
- Legal and Financial Formalities in Madagascar: With the assistance of a local lawyer, the client completes necessary legal procedures, including the payment of taxes and registration fees. These steps are integral to the land acquisition process.
- Registration in the Land Registry: After fulfilling all legal and financial obligations, the client's details are recorded in the land registry, formalizing their ownership of the property.
- Completion Timeframe: The entire process, from paying taxes and fees to finalizing the registration in the land registry, typically takes about three months.
This process outlines a structured approach to buying land, involving initial financial commitments, legal formalities in both Poland and Madagascar, and official registration, all completed within a three-month timeframe.