Land plot for foreigners in Russia

Subscribe to our channel: , tarasenkovasily Legal services (Whatsapp, Telegram) +79099611909 Website: t. me, russianlawyertarasenko Can a foreigner buy a land plot in Russia Although in many countries it s prohibited, foreigners (as well as stateless persons and foreign companies) can purchase land in Russia with some exceptions. Note that in this case, a company is considered foreign if 50 of its shares are owned by foreign nationals. The first exception is a plot of land located on a border area or within the boundaries of a seaport, for example, you can t buy one in the Kronstadt district of St. Petersburg. If you inherited such land or received it as a gift, you have one year to sell it. The second exception: foreigners can use agricultural land exclusively on a lease basis. Although in practice, this limitation is often circumvented foreign companies create su