Finland has limited the purchase of land by Russians

14:36 20 July Kyiv, Ukraine

Finland has stepped up restrictions on the purchase of land, including by Russians. We are talking about tightening the law from 2020, which requires permission from the Finnish Ministry of Defense when buying land by people who are not citizens of EU countries.
This was stated to the media by the Russian trade representative in Helsinki Anton Loginov.

He explained that from 2020, a license from the Ministry of Defense is required for the acquisition of land by non-EU citizens and companies 10% or more of whose capital is owned by citizens or companies from non-EU countries.
“In 2022, it was proposed to make a number of changes and additions to these norms.. Firstly, the Ministry of Defense gets the right to find out the origin of the funds for which the plot is bought. Plus, they additionally received the right to set the distance to the object of the defensive forces or the border guard of Finland, ”said the trade representative.
The Finnish authorities impose additional restrictions on the acquisition of land in order to ensure national security.