You may have heard that it is possible to buy property on moon, as some people claim that legal loopholes allow you to buy a piece of lunar land. In fact, many celebrities have taken part in this scheme and have secured their plot on the moon before private companies or countries. However, the truth is that international treaties state no nation can declare ownership of the moon. 

These agreements also state that the moon is for the benefit of all humanity which makes it impossible for any country to own lunar land. In this blog, we will understand deeply, how to buy property on the moon and what is the comprehensive process. 

Can We Actually Buy Property on Moon? 

Yes, the Outer Space Treaty, signed in 1967, states that people from all nations have the right to explore and use space, including the moon and other celestial bodies. It does not matter how rich or scientifically advanced a country is, space is a shared resource for all. Every country can explore space equally by sticking to international law. They are allowed to use and access space objects without any discrimination.

But does this mean anyone can buy moon property? According to Article II of the Treaty, “Outer space, including the moon and other celestial bodies, cannot be owned by any one nation. No one can claim ownership, treat it as their property, or try to control it in any way.”

How To Buy Land On The Moon: A Step-by-step Guide

Here is a complete overview for people searching how to buy property on the moon: 

1. Start by visiting the Lunar Registry website.
2. After visiting the site, scroll down and click on the option to “Buy Land on Moon.”
3. Choose your preferred landing site on the moon.
4. Enter the legal name of the buyer, whether it’s an individual, business, or group.
5. Decide how many acres you would like to purchase, with options from 1, 3, 5, or 10 acres.
6. If you want to buy moon property as a gift, there is an option to include a personalized gift card with 10-12 words.
7. The next step allows you to custom-date the documents to celebrate special occasions such as birthdays or anniversaries.
8. For an additional fee of US $12.95, you can go to purchase lunar property as an NFT, issued on the BNC.
9. Several optional are available, such as a detailed view of your lunar land for US $8.95, a full moon Atlas, or even email document delivery for US $8.95.
10. After finalizing your selections, click “Place Order.”
11. Choose your shipping method, whether via Global Air Mail or Email Docs.
12. You can also apply any available gift certificates or discount coupons before checking out.
13. Click “Checkout” and provide your delivery address.
14. Pay using PayPal and you are ready to buy property on moon.

How Much Does It Cost To Buy Property On Moon?

The foremost question that arises in everyone’s mind is, how much is the price of land in moon? According to the Lunar Registry, a single acre of land on the moon is priced at about $37.50.

Disclaimer And Ownership Authority Of Lunar Property

The ownership of lunar property is being offered as part of a comprehensive global initiative aimed at funding the exploration, development, and settlement of specific lunar regions. 

All claims of ownership are aligned with the guidelines established under the Lunar Settlement Initiative (LSI). The LSI defines that private individuals and entities can acquire property rights on the moon to support its exploration, settlement, and resource development.

Also Read: Buying Distressed Properties in UAE: What You Need To Know