Foreigners banned from rural land

  • 2003-04-10
RIGALatvia's Parliament April 3 approved a seven-year ban on foreigners buying rural land in preparation for European Union membership.Only Latvian citizens and EU citizens who have lived and farmed in the country for three years will be allowed to buy agricultural or forest land from May 1, 2004 - the date Latvia is scheduled to join the EU - through 2011.The move was expected after Latvian and EU negotiators agreed on the ban last year.Most candidate countries - including Lithuania and Estonia - will also have transition periods on the sale of rural land after joining the EU.Urban and com...
 
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