slovakia clamps down on sale of agricultural land to foreigners
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Slovakia clamps down on sale of agricultural land to foreigners

Arab Today, arab today

Arab Today, arab today Slovakia clamps down on sale of agricultural land to foreigners

Bratislava - XINHUA

The Slovak government approved a bill strictly regulating the sale of agricultural land in Slovakia, local news agency TASR reported on Thursday. "The bill states that the acquirer must be legally resident in the Slovak Republic for at least 10 years," Minister of Agriculture Lubomir Jahnatek said. According to the bill, owners who are about to sell agricultural plots of more than 20 acres will have to offer the land to local and national agricultural entities before it can be sold to European buyers, added Jahnatek. The bill follows an expiring moratorium on selling agricultural land to foreigners, implemented in Slovakia since the European Union (EU) membership on May 1, 2004. In 2011, the EU approved Slovakia's request to prolong the moratorium by three years to April 30, 2014. Opposition party MPs Jozef Viskupic and Martin Fecko warned of a "legal vacuum" looming after the date that would enable foreigners to buy up large swaths of Slovak land in an uninhibited fashion. According to Viskupic, other countries such as Hungary and Poland had negotiated stricter conditions, according to which the potential buyer must prove that it is active in agriculture. The Slovak Agriculture Ministry has said it wants to protect agricultural land in Slovakia from speculative deals. In the past, plots originally sold as agricultural land had their status subsequently changed to that of construction plots. Lawyer Silvia Hlavackova in the daily Hospodarske noviny newspaper said the new law may be toothless. "The bill may place foreign entities from the EU at the end of the buyer chain, but it does not prescribe the price at which the land must be sold," she said. "If a foreign entity offers a price above the market standard to the seller in advance, the first three steps may become a formality, as local agricultural entities probably will not be able to beat the offer," she added.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

slovakia clamps down on sale of agricultural land to foreigners slovakia clamps down on sale of agricultural land to foreigners

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

slovakia clamps down on sale of agricultural land to foreigners slovakia clamps down on sale of agricultural land to foreigners

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday