31 May 2011

Foreigners Banned from buying land in Ukraine

So, its official. Regarding land ownership.
Foreigners will be barred from buying Ukraine's farmland when Ukraine launches a massive privatisation programme next year, according to the country's agricultural policy minister.

"At the first stage, we will only be introducing the land market for Ukrainian nationals," said Mykola Prysyazhnyuk
"We understand that if we make the market free, then $30 billion will be enough - and that's not a lot for world financial corporations - to buy up all of our land," he said.


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