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Russians can buy EU real estate despite security concerns

correctiv.org

Russen können trotz Sicherheitsbedenken EU-Immobilien kaufen

  • EU sanctions against Russia prohibit trade in many goods and services, but real estate purchases remain permitted.
  • Several states, including Finland, Latvia and Lithuania, see this as a threat to their national security.
  • Our research shows that Cyprus had already overturned a planned ban at EU level.
  • In Germany and at the EU level, there is a lack of information on how many properties belong to Russian citizens and whether they are located near critical infrastructure.
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