According to Bloomberg News Agency on Thursday, Finland is taking action to halt real estate deals that threaten the country’s security.
The northern European nation, which shares a 1300 km border with Russia, is attempting to fill legal breaches after already tightening rules in 2020.
The steps of the aspiring state to join NATO (NATO) is tracked, local media revealed fortified sites owned by Russian citizens and fears of land rental in strategic locations.
Russian people recently acquired a residential building with 100 rooms and a morgue, miles from a military camp, according to recent reports in the local media.
Today, Thursday, Parliament received a proposal to limit real estate transactions close to defence or border guard installations.
The measure will empower the state to preemptively purchase specific properties and give the authorities the right to deny a licence. “If the property that would be acquired is not suitable for the application’s stated purpose.
Finland wants to prohibit foreigners from buying property near military installations.
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