Rules for purchasing agricultural land revised (23.03.2017.)
On Thursday, 23 March, the Saeima adopted in the final reading amendments to the Law on Land Privatisation in Rural Areas, thus updating the rules for purchasing agricultural land. The amendments were necessary due to European Commission’s (EC) objections to the current agricultural land market regulation. The amendments will simplify the conditions for purchasing land for local farmers, while disallowing foreigners who are not permanently residing in Latvia to purchase agricultural land.