US EditionFinland bans property sales to non-resident Russian citizens
- Finland's Parliament has unanimously approved a law banning property sales to non-resident Russian citizens due to national security threats.
- The law prevents transactions by individuals and companies deemed aggressive or a risk to Finnish sovereignty, with specific exemptions for Russian nationals with permanent residency in Finland, who must apply for permission to purchase properties.
- Minister of Defence Antti H�kk�nen stated the ban sends a firm message that Finland will not be undermined, reflecting serious concerns about Russian influence following Finland's NATO membership.
- The law is part of broader efforts to address security concerns relating to foreign property interests near critical infrastructure and to prevent hostile operations.
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Finland bans property sales to non-resident Russians over security risks
Finland's Parliament has unanimously approved a law banning property sales to non-resident Russian citizens, citing threats to national security. The new legislation, passed on Friday, bars property transactions by individuals and companies deemed to be involved in acts of aggression or considered a risk to Finland’s sovereignty. The law exempts Russian nationals who hold permanent residence in Finland, though they must still apply for permissio…
·Finland
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