Can foreign citizens or foreign companies buy land in Russia?

Land plots in Russia can be provided into ownership or lease to foreign citizens or foreign organizations, as well as to Russian organizations with participation of foreign citizens.

However, the law of Russia establishes certain restrictions for transfer of land plots of certain categories to foreign citizens into ownership.

So, foreign citizens and foreign legal entities cannot own land plots, located on border territories beneficially. The list of border territories is established by the President of the Russian Federation in accordance with the law of Russia on the state border.

The border territory shall mean border area, territory of points of passage across the state border of the Russian Federation, as well as territory of administrative districts and cities, health resort zones, specially protected natural territories, objects and other territories, adjacent to the state border of the Russian Federation, border zones, banks of border rivers, lakes and other water bodies, sea shore or points of passage.

Foreign citizens and foreign organizations cannot beneficially own land plots, which are specially established by the law of Russia. For example, land plots within the borders of the sea port cannot be in ownership of foreign citizens and foreign organizations. Besides, foreign citizens, foreign legal entities, as well as legal entities, in the charter (share) capital of which the share of foreign citizens, foreign legal entities exceeds 50 percent, cannot beneficially own land plots from the lands for agricultural application. Such land plots shall be transferred to them only on a leasehold basis.

Land plots can be provided into ownership of foreign citizens and foreign legal entities from the lands in state or municipal ownership. Such land plots can be provided into ownership only for a fee. The amount of the fee shall be specially established by the law of Russia.

Land plots for agricultural application can be provided into ownership to foreign citizens and foreign legal entities with the type of permitted use «for gardening and  horticulture». Cases, established by the law of Russia, shall make an exception.

Foreign citizens, stateless persons and foreign legal entities - owners of buildings, structures, facilities have the right to acquisition of land plots into ownership in accordance with the order, established by the law of Russia.

Foreign citizens and foreign legal entities - owners of buildings, structures, facilities, located on other people’s land plot, shall have the preemption right of purchase or lease of the land plot in accordance with the order, established by the law. However, President of the Russian Federation can establish the list of types of buildings, structures, facilities, to which this rule is not extended.

 

©Consultation of the specialists of «RosCo»

Date of foundation
company «ROSCO»
2004
Membership in professional organizations:
SRO NP «Audit Chamber of Russia»
(Certificate No 1809 dated 28.12.2009)
Chamber of Tax
Consultants
(Certificate No 78)
NP «Partnership of RSE»
(Russian Society of Evaluators)
Membership in public association:
Moscow Chamber
of Commerce and Industry
(Certificate No 123-973 dated 21.12.2009)
Non-Profit
Partnership of Turkish Entrepreneurs (RTIB)
Ratings:
A++1+++1++[%]
(as per the results of 2009 -
А++1+++1+[%])
Company
is included in the register of reliable enterprises of Moscow
Certificates of conformity:
Certificate of conformity to the requirements of GOST R ISO 9001-2008 (ISO 9001:2008)
Professional
liability
is insured