Selling Real Estate to Citizens of Neighboring Country Poses National Security Risk, Says Finland’s Defense Minister
In a bold move to protect its national security, Finland’s Defense Minister, Antti Hakkanen, has announced a proposal to prohibit most Russian citizens from buying property in Finland. This ban will also extend to individuals deemed to be “influenced” by Russia, according to Hakkanen’s office.
Recent events have fueled this decision, with Finland already blocking six real estate sales to Russians in the past year, citing concerns about properties near military bases and strategic sites. The proposed ban targets individuals from countries that European Union has found to violate territorial integrity and pose a threat to Finland’s security, primarily focusing on Russians whom Hakkanen considers as potential hostile influences.
While dual citizens and Russian residents with permanent residency in Finland or the EU are exempt from the ban, the broader goal is to prevent any form of hostile influencing through property ownership. This move reflects Finland’s shift towards an anti-Russian stance since becoming a NATO member, with recent legislation aiming to counter potential threats and protect national interests.
The bill based on this proposal is expected to be presented to parliament by the end of the year, signaling Finland’s commitment to safeguard its economy, infrastructure, and overall security from external influences.
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