Finnish Defense Minister Antti Hällkännen stated that the proposed ban on Russian property purchases would apply to citizens of countries threatening Finland's security, stemming from Russia's aggression.
The deterioration of relations between Finland and Russia has sharply increased since the invasion of Ukraine in 2022, leading Finland to seek closer alignment with Western nations.
The plan aims to prohibit Russian nationals from buying property while exempting dual citizens and Russians with permanent residency in EU countries from its effects.
Finland joined NATO as a full member in April 2023, marking a significant shift from its historically neutral stance in response to Russia's military actions.
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