How to locate, rent or buy premises for where your business can operate in Belarus
Most foreign and international companies in Belarus rent office space.
Minsk is the main commercial centre and has the widest selection of commercial property in Belarus.
Several business centres have been developed in Belarus. One of the largest is the IBB hotel and conference centre which is home to 2 European banks.
Office rental prices in Minsk – although higher than in other cities in Belarus – are very competitive.
Although Belarus property is reasonably priced and the market is growing, there are strict rules governing Belarus real estate. These rules include:
As a result of these rules, foreign businesses rarely seek to buy premises – they rent office space in Belarus instead.
The exception to this is joint-venture companies, where the Belarusian partner is entitled to purchase property in Belarus.
As with office space, foreign businesses looking for Belarus commercial real estate usually rent or lease the space they need. Examples include:
However, there are increasing numbers of large multi-national companies looking to invest in Belarus.
These companies are helping to update manufacturing facilities and improve infrastructure in Belarus.