In January, the Finnish Ministry of Defense intends to submit to the parliament of the republic a bill prohibiting the purchase of real estate by persons whose citizens the EU has defined in its decision as “violating the territorial integrity, sovereignty and independence of another state“. including Russians, the Ministry of Defense announced.
“With this change in the law, we are trying to prevent countries from destabilizing Finland through property ownership. Security authorities consider the project important.“In addition to this legislative package, we will reform the buyback procedures in the event of a threat to property that has already been sold and clarify other noted gaps in property control legislation,“ said Defense Minister Antti Hakkanen.
“More detailed provisions regarding the countries specified in the law will be issued by government decree“, the statement said. The exact list of these countries has not yet been disclosed.
On September 2, the Finnish Ministry of Defense presented the text of a bill prohibiting real estate transactions for citizens of the Russian Federation.
On May 23, the official representative of the Russian Foreign Ministry, Maria Zakharova, noted that the Finnish authorities are guided by “perverse logic“, proposing to ban Russian citizens from buying real estate in the country.
Detailed statistics on average property prices in Bulgaria by cities and neighborhoods can be seen HERE