It’s legal, lawyers are involved, and it’s totally legit.
The Irish diaspora is estimated to be over 100 million people, and all of these people, whether they be in the USA, or Australia, or New Zealand or the UK or wherever, all feel a connection to Ireland. Even those that have never visited their mother country, also tend to take great pride in their Irish heritage.
Now a website is making it possible for these proud Irish to own their own small section of real land in Ireland by selling land deeds by the square foot. You too can own an actual piece of the Emerald Isle, a land of Celtic legends, turbulent histories, and haunting folk music. All this for just 50 US bucks!
Now you can jump on the property ladder, one square foot at a time.
BuyIreland.com was founded by John Beckett and Thomas Linehan, in 2003. “We recognised that Ireland holds a very special place in the hearts of millions of people around the world, but for many of these people visiting or owning property in Ireland is a dream that may never come true. When we started BuyIreland.com we did so to enable people from anywhere in the world to own a little plot of land in the heart of the Irish countryside.”
When you purchase a small plot of land, one square foot in size, you will receive documents certifying your ownership, a map and photographs of your land and the stunning surrounding area. It is a unique gift for that person who is impossible to buy for. Now anyone who calls Ireland their spiritual or ancestral home, or who simply admires the unique blend of unspoilt natural beauty and rich cultural diversity of our country, can say that they have their very own piece of Irish countryside.
Beckett and Linehan have worked hard to make it 100% legit. “We spent many, many months planning and working with legal experts to ensure that people from all walks of life, wherever in the world they live, could own a small plot of land – one square foot in size – in the beautiful rural countryside in Ireland, without the normal expense and difficulty involved in the purchase of property. The legal documents that you receive with your order were prepared by one of the most respected law firms in Ireland (Beauchamps Solicitors, Dublin), so you can be sure of the legality and legitimacy of your documentation. Orders come complete with an official certificate of ownership and a comprehensive legal deed of assurance which sets out the contractual details and legalities of your purchase. BuyIreland.com is a fully legal, tax-compliant and audited business located in Ireland.”
Since 2003, people from over 100 countries around the world have become land owners with BuyIreland.com. And as a land owner you can visit your plot. Every order includes directions and detailed maps showing how to find your land. Google Street View has also enabled land owners to become virtual visitors and to explore the surrounding area from the comfort of their homes.
So is the land next to a rural incinerator? Nope, this is the real deal. The property is situated in County Roscommon – in the heart of the Irish countryside, in the middle of Ireland. The location is approximately 75 miles from Dublin City, 140 miles from Cork City, 50 miles from Galway City and 140 miles from Belfast City. The land is easily accessible by car, and people can visit their property if they have the chance. Comprehensive directions and maps are included with every order.
With the purchase, buyers get:
A Personalised Certificate of Ownership. The certificate is printed on high quality parchment paper and has details of the plot owner, the individual plot number assigned to the owner, and an individual certificate number. It also makes reference to the deed of assurance which outlines the terms and conditions associated with your entitlement to the plot. There is also gold foil detailing. Frame it and watch people talk about it!
Personalised Deed of Assurance. The deed fully outlines the company’s responsibilities to the owners of the land, and also outlines the rules that must be adhered to when you visit your plot. Special paths or rights-of-way have been mapped out to help you locate your property on the grid maps attached to the deed.
Photographs of the land are included with every plot.
And directions. Ireland is famous for its poor signposting, so the company decided it was important to include detailed directions to help buyers find the plot of land should the buyer ever have the opportunity to visit in person.
So you may have that compulsion to ask, “Do I really own the land?” The company says, “Yes, absolutely.” When you purchase a plot of land you are the legal owner of that property. It is important to note that the company does not hold the land ‘in trust’ for you – you are the actual owner of the property. There are certain terms and conditions to your ownership, such as you are not permitted to build anything on your property, because this would spoil the untouched natural beauty of the area, but you are welcome to visit your property whenever you choose.
The land that BuyIreland.com is selling is not freehold, but is not simple leasehold either. But there is a good reason for this. With a number of different people owning the different plots of land, and visiting their plots, if the company sold freehold ownership then landowners could compromise the untouched natural beauty of the area by erecting flag poles, digging large holes, etc. Every land owner should be free to enjoy their land in its rural setting, so the company must restrict what people do on their plot in order for this to be possible.
The company provides a renewable 20-year leasehold ownership. This is renewable at no charge after 20 years, and again indefinitely after that in periods of 20 years. The aim is not to restrict the term of ownership to 20 years, but to work within the limitations of the leasehold ownership laws. The company will email every land owner when their 20-year term is approaching and ask them to renew their leasehold by notifying if they wish to do so, free of charge.
There will never be any taxes associated with this plot of land. PHEW! The Irish government does not charge a property tax on this type of rural property. The initial purchase price is therefore the only money you will ever need to pay.
I see the cogs in your head turning…you are thinking, does owning land with BuyIreland.com entitle me to Irish citizenship? That would be a no. In Ireland, ownership of property does not entitle the owner to automatic or accelerated citizenship rights.
But you know, for that Irish relative who lives abroad and who misses home…this just might be the ticket to get you large kudos at Christmas.