Can foreigners buy real estate in Finland?

In principle, yes, but purchases can be rejected if deemed a threat to national security. Since July 2025, purchases by Russian and Belarusian citizens are completely banned.

How long does the Finnish real estate purchase review take?

The review period varies by case, but it assesses the impact on national security, defense, and critical material supply security under laws enacted in 2020.

Where are the rejected properties located?

Rejected properties are located across Finland, but many are in strategically important areas such as near the Russian border or in Rovaniemi, home to an air base.

AI News NQ Analysis

Finland Rejects 14 Foreign Land Purchases, Over 45 Cases in 3 Years

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AI Summary (NQ-processed)

Finnish Defense Minister Antti Häkkänen rejected 14 foreign real estate transactions on June 4, 2026, involving buyers from China, India, Turkey, and Ukraine. Since 2023, Finland has rejected at least 45 foreign property deals, expanding scrutiny from Russia to a global, case-by-case basis. A 2025 law now directly bans purchases by Russian and Belarusian citizens.

AI Analysis

Frequently Asked Questions

Q: Can foreigners buy real estate in Finland?: A: In principle, yes, but purchases can be rejected if deemed a threat to national security. Since July 2025, purchases by Russian and Belarusian citizens are completely banned.
Q: How long does the Finnish real estate purchase review take?: A: The review period varies by case, but it assesses the impact on national security, defense, and critical material supply security under laws enacted in 2020.
Q: Where are the rejected properties located?: A: Rejected properties are located across Finland, but many are in strategically important areas such as near the Russian border or in Rovaniemi, home to an air base.