The Ministry of Justice of Finland accepted final week a legislation that prohibits the sale of actual property to residents who endanger the independence of Finland.
The doc signed by the Minister of the Supreme Court docket has already been printed.
The doc says that the primary function is to guard the nationwide identification of Finland. For the preparation of the authorized proposal for the prohibition of foreigners to hold out transactions with Finnish actual property, it was formally introduced on the finish of August.
The restrictions will apply to the acquisition in Finland not solely of residential properties (flats, homes), but in addition of agricultural lands, in addition to land and workplace properties.
Exceptions will apply to Russian residents dwelling in Finland with a everlasting residence visa. The ban won’t lock in these with twin citizenship.
On the similar time, it’s identified that the authorities in Latvia are contemplating the potential for forbidding the freezing of actual property just like that in Finland. That is the newest message from the information portal Delphi.
Illustrative Picture by Paul Theodor Oja: https://www.pexels.com/picture/view-of-colorful-houses-in-the-city-of-porvoo-finland-3493651/