If you live outside Ethiopia and want to buy property back home, this guide is for you. Many Ethiopians abroad invest in real estate, but the legal process can be confusing. We will explain the important documents and steps you need to follow — starting with the Yellow Card — so you can invest easily and safely.
Yellow Card (Ethiopian Origin ID Card)
The Yellow Card is crucial for diaspora investors, officially termed the Ethiopian Origin ID Card, issued to foreign nationals of Ethiopian descent. It offers significant privileges, including exemption from entry visas, residence permits, and work permits, enabling property ownership and business operations in Ethiopia. Requirements include a valid foreign passport, proof of Ethiopian origin (e.g., birth certificate or old Ethiopian passport), family documents, recent photographs, and a fee. This card is valid for five years and renewable, facilitating long-term investment plans.
Additional Necessary Documents
Beyond the Yellow Card, investors may need proof of identity, address, and bank statements or proof of funds to demonstrate financial capability. For transactions conducted remotely, a Power of Attorney (POA) is often necessary, allowing a local representative to sign documents and manage the process on your behalf.
Deed Transfer Process
Deed transfer is a critical step, involving registration with the Document Authentication & Registration Agency (DARA). A key aspect is the “Ashura” tax. POA is particularly relevant for diaspora investors, enabling remote management of property.
If you need help navigating this process, working with a trusted real estate developer can make things much easier. That’s where Dema Hope Real Estate comes in — we guide diaspora investors through every step, from choosing the right property to handling paperwork.
Dema Hope Real Estate is a premier real estate developer committed to delivering high-quality homes and commercial spaces in Ethiopia. With a strong focus on modern design, prime locations, and exceptional value, we cater to buyers seeking premium investment opportunities in Addis Ababa and beyond.
Explore your investment options today — Dema Hope Real Estate has multiple ongoing projects, including our high-end apartments around the Signal area, which are 100% complete and ready for occupancy, and our mixed-use development near Adey Abeba Stadium in Bole, offering both residential and commercial units. If you’re ready to take the next step toward homeownership or investment, contact us at +251 951515174 or send us an email at info@demahoperealestate.com to learn more.
