Zelensky Proposes Referendum on Land Purchases by Foreigners
Ukrainian President Volodymyr Zelensky said that citizens of other states and foreign companies will be entitled to buy Ukrainian land only if the Ukrainian people give consent to it at a referendum
Ukrainian President Volodymyr Zelensky in a video address to the nation today (Nov. 11), said that the issue of farmland sales to foreigners and companies founded by foreigners will be submitted for referendum.
“Foreigners and companies that have foreigners among their founders will be entitled to buy Ukrainian lands only if the people of Ukraine consents to this in the referendum,” he said.
Zelensky said that in the near future the Verkhovna Rada will develop and adopt a law to establish a land market that will only pertain to the selling and buying of land for Ukrainian citizens and companies founded by Ukrainians.