Tuesday, May 10, 2016

Russia Offers Free Land to Foreigners


The Russian state parliament will pass a bill on April 12, 2016, which will offer free one hectare (about 2.5 acres) of land in that country’s Far Eastern Federal District to both Russians and non-Russian nationals wishing to settle the region.

Originally, the scheme was limited to Russian nationals only, but the new version of the bill has extended this right to carefully-screened non-Russians as well.

According to a report in the RT news service, the plots of land will be handed over to Russians and foreigners who want to build homes or start businesses in agriculture or tourism in the region.

The Russian lower house Committee for Real Estate and Construction recommended that the State Duma approve the bill in the second reading in a session next week. The parliament already approved the draft in the first reading on December 18, 2015 .... http://newobserveronline.com