Foreigner citizens to keep property in Crimea - bill

The Crimean State Council passed in the first reading on Wednesday the bill on peculiarities of settling property and land matters, according to which citizens of other countries and foreign companies keep land ownership rights received prior to Crimea's accession to Russia, the Interfax correspondent reported.

The Crimean State Council passed in the first reading on Wednesday the bill on peculiarities of settling property and land matters, according to which citizens of other countries and foreign companies keep land ownership rights received prior to Crimea's accession to Russia, the Interfax correspondent reported.

"At that, foreign citizens and foreign legal entities do not have the right to assign in any way land to another foreign citizen, person without citizenship, and legal entity, the share in the charter capital of which belongs to foreign persons… if the named individuals do not have the right to purchase named land in accordance with the Russia law," the draft law approved by deputies said.

If the bill comes into effect, this standard will apply among other to Crimean residents, who refused to get the Russian citizenship and preferred to keep the Ukrainian one. According to the information of Russian Federal Migration Service Chief Konstantin Romodanovsky, about 3,000 residents of the Crimean peninsula refused obtaining the Russian citizenship.

Following Crimea's accession to Russia and in accordance with the new Constitution of the republic, Crimea's State Council got the opportunity to pass laws. Prior to this the Crimean parliament was able to pass only resolutions, statements and addresses.

Crimea's State Council passes bills in two readings with a compulsory pause in between.

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