As of mid-December, more than 60,000 agreements have been concluded in Ukraine within the land market. The Prime Minister of Ukraine Denis Shmygal told about it during a government meeting,
Ukraine , Ukraingate , 29 , December , 2021 | Economy
Quote:
“As of mid-December, 61,000 land purchase and sale agreements have been concluded in Ukraine,” Shmygal said.
Addition
On July 1, Ukraine officially announced the start of the land market. Until 2024, only natural persons of Ukraine with a limit of 100 hectares can buy agricultural land. The law on the land market prohibits foreigners from buying land.
The issue of selling land to Ukrainian citizens and foreigners will be decided only in a national referendum.
According to experts, there are 42 million hectares of agricultural land in Ukraine. A moratorium on sales extended to 41 million hectares before the market opened. Of these, 27 million hectares were divided into shares in the 1990s.
Source: Ukrgate
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