VLADIMIR PUTIN SIGNS LAW OFFERING LAND IN RUSSIA’S FAR EAST
04 May 2016
On Monday, May 2, President of the Russian Federation Vladimir Putin signed a law providing the opportunity for any Russian citizen to acquire one hectare of land in Russia’s Far East free of charge. The document has been published on Russia’s official legal information portal.
Under the legislation, land is being made available to Russian citizens for their own personal use in the Sakha Republic (Yakutia), Kamchatka Territory, Primorsky Territory, Khabarovsk Territory, Amur Region, Magadan Region, Sakhalin Region, the Jewish Autonomous Region and the Chukotka Autonomous Area.
The size of plot is limited to one hectare and the land is to be made available for five years. Providing there are no reasons not to do so, the land will then be offered for purchase, provided free of charge, or to rent.