Any person acquiring any rights over a property will be subjected to the laws of that particular country, with regard to that particular immovable. Therefore, any formalities required by the Laws of the foreign country will have to be followed, before any person may acquire immovable property in any particular country. Hence, it is advisable for any person owning immovable property in any particular country, to regulate one's estate within that particular territory by a will drawn up in conformity with the local Laws. In absence of any such legally binding document, the property, upon his demise, would be disposed of according to Law, which would vary from country to country. This scenario will change somewhat with the coming into force of Regulation (EU) 650 of 2012 on 17th August, 2015, regulating cross-border succession. The regulation introduces a single connecting factor, the law of the last habitual residence of the deceased, in order to designate both the competent jurisdiction to rule on the whole of a succession and the law applicable to a succession. It also introduces the possibility to choose the law of one of the states whose nationality one possesses as the law applicable to one’s succession.