Stand behind Ukrainian independent journalism when it’s needed most. Help us reach 20,000 members.

Skip to content
Edit post

Minister: Finland considers legislation limiting Russians from certain real estate deals

by The Kyiv Independent news desk October 14, 2023 6:35 PM 1 min read
This audio is created with AI assistance

Finland is considering several security-related legislative initiatives, including limiting Russians from certain real estate deals, Finnish Defense Minister Antti Hakkanen told newspaper Helsingin Sanomat on Oct. 14.

"The assessment of real estate transactions by non-EEA countries (including Russians and Chinese, among others) is under reconsideration. During the winter, a complete ban on these transactions or significant additional restrictions will be evaluated," Hakkanen said.

However, specific situations where these transactions could be permitted would be specified in the legislation.

Additionally, control over corporate acquisitions is set to increase "so that situations like when it was noticed that Russians own Helsinki shipyard or something similar, don't happen again," Hakkanen said.

In mid-September, Finland banned entry to Russian-registered cars only days after the Baltic countries instituted the same measure.

Independent journalism needs a community —
not a paywall.

We’re working hard to show the world the truth of Russia’s brutal war — and we’re keeping it free for everyone, because reliable information should be available to all.

Our goal: reach 20,000 members to prove independent journalism can survive without paywalls, billionaires, or compromise. Will you help us do it?

Can we reach 20,000 members?

News Feed

MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.