Showing posts with label land. Show all posts
Showing posts with label land. Show all posts

Thursday, October 28, 2010

To Buy Land In Russia: Restrictions For Foreigners

The Russian Law has a number of restricting provisions with regard to purchase of land in Russia by foreigners.

Thus under the provisions of the Land Code of the Russian Federation foreign nationals and foreign legal entities can acquire title for land only if they pay for it. The latter means that foreigners must not be granted permission to acquire state owned or municipal lands free of charge.

In addition to that foreigners are not allowed to buy lands allocated to members of the horticultural, market-gardening and dacha non-commercial associations (allotments), as well as lands near the state border areas, or lands designated as farming or agricultural lands. Agricultural lands can only be leased by foreigners.

Tuesday, March 2, 2010

Land For Sale in St.Petersburg in Russia

Russian Auction House (RAH) prepared to sell part of the peninsula in the waters of the Neva River in the area of Malookhtinsky Avenue in St. Petersburg, the RAH site informs.
Land of 0.43 hectares for sale along with non-residential building, located on the peninsula of 0,88 hectares.
The coastline is not subject to alienation, and constitutes more than 4,4 thousand square meters. The territory belongs to the zone of social and business development.

Nat Lawyer