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Finland has banned Russians and Belarusians from buying real estate in the country

Author:
Anastasiia Mohylevets
Date:

The Finnish government has officially banned citizens of Russia and Belarus from purchasing real estate in the country. The ban came into effect on July 15.

This was reported by Finnish Defense Minister Antti Gäkkänen on his X page.

The official is convinced that this is “an important reform that has not been implemented for too long”. It was necessary even before the Russian military invasion of Ukraine, but for some reason this need was not recognized, and the bill was not prepared, he added.

"For example, the previous government in 2023 concluded that such a reform was not necessary. When I started working at the Ministry of Defense, I considered this a problem and started preparing a ban on real estate purchases about two years ago," Gäkkänen said.

The Minister of Defense believes that this measure is aimed at strengthening Finlandʼs security and "preparing for all possible methods of influence".

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