EU Citizens to Have Same Land-Buying Rights as Slovaks
The Ministry of Agriculture announced yesterday that despite no law being incorporated, there would still be certain restrictions put on foreigners purchasing agricultural land. The statement comes after the Ordinary People and Personalities party (OLaNO) protested against the unregulated sale of arable land to foreigners.
Slovakia is obliged by EU law to waive the discriminatory rules for sales of land to foreigners, and had already received a three-year extension to the original deadline, but that also runs out on 30 April 2014. Members of the OLaNO party claim they have information about the intended acquisition of land covering tens of thousands of hectares by some Chinese group.
The restrictions that will remain should only affect those who are not from an EU member state or do not have their registered office in one. All others should now have the same rights as locals when it comes to purchasing land. The general fear is that agricultural land will be bought up and used for other purposes, but the ministry has said that is is preparing legislation to reduce this risk.