Latvia prohibits Russian, Belarusian citizens from purchasing real estate
Latvia's parliament adopted a bill on June 19 that prohibits citizens of Russia and Belarus from purchasing real estate in the country, Latvian media reported.
The bill — which carves out exceptions for EU and Latvian permanent residence holders, Belarusian refugees, and repatriates — establishes the new restrictions under the pretenses of protecting the country's national security.
In addition to citizens, the bill prohibits entities that are at least 25% owned by Russian or Belarusian nationals from purchasing property.
"This is a step to limit the influence and presence in Latvia of persons and companies that are adverse to the country,” said Agnese Krasta, an Estonian member of parliament and one of the authors of the initiative.
Latvia, which borders both Russia and Estonia, is widely viewed as one of the most likely targets for a future Russian attack on NATO or the European Union. As the war in Ukraine continues to rage on, Latvia has taken action to increase civil preparedness measures and has drafted plans to relocate a quarter of its population in the case of war.
EU intelligence and security agencies have warned of mounting Russian sabotage operations, including several arson attacks believed to have been coordinated by Moscow.
Latvia joins Finland in imposing a ban on Russians from buying, as Baltic and Nordic countries continue to impose restrictions on Russia over its aggression in the region.
In September 2022, Latvia imposed entry restrictions on Russian citizens as part of a joint agreement with Lithuania, Estonia, and Poland.
Since the start of Russia's full-scale invasion in 2022, Latvia has been one of Ukraine's most vocal backers.
The Baltic state ranks among Europe's top defense spenders, allocating over 3% of GDP to defense in 2025, according to NATO estimates.
Dmytro Basmat
