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Access to land: A Critical Factor in Attracting Investment in Cameroon

Sellers making gains above official reference values are liable to a 5 per cent capital gains tax.

L and remains a funda­ mental asset for eco­ nomic development in Cameroon, providing the foundation for industrialisa­ tion, agriculture, infrastructure, housing, and other productive activities. However, how inves­ tors acquire land, particularly foreigners, and the challenges surrounding ownership conti­ nue to influence the country’s investment climate. According to land expert Anong Pascal, access to land depends largely on nationality, with different procedures for Cameroonians and foreign investors. Both na­ tionals can obtain provisional concessions on land belonging to the national domain. Howe­ ver, while Cameroonians can proceed towards definitive concessions and land titles, foreigners generally obtain long-term leases ranging from 18 to 99 years, with the State retaining ownership. Foreign investors can also ac­ quire privately owned plots that already have registered land titles, subject to autho­ risation from the Minister of State Property, Surveys and Land Tenure. Another option involves land in the State’s private domain, which can be leased or allocated for spe­ cific projects. The State can equally declare land to be of public utility, register it in its name, and make it available to investors under agreed fi­ nancial and time conditions. Industrial zones managed by MAGZI also provide opportunities through land leases adapted to investors’ projects. Despite these arrangements, land acquisition remains a sen­ sitive issue in Douala, particu­ larly because of double sales. Such situations can have serious economic consequences as investors risk losing money, delaying projects and aban­ doning expansion plans. Land prices in Douala’s econo­ mic centres vary considerably depending on location and de­ velopment status, making the...

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