Finland Proposes Law to Ban Russians From Buying Real Estate
Apartment blocks under construction in a residential area of Helsinki.
Photographer: Ville Mannikko/Bloomberg
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Finland is moving ahead with its plan to stop property purchases by some foreign nationals after security concerns surfaced over such deals with links to neighboring Russia.
The government in Helsinki on Thursday submitted to lawmakers a draft bill, which is aimed at stopping Russians from making any real estate acquisitions in the Nordic NATO member that shares the military bloc’s border with its main adversary.