Bulgaria

Bulgaria

Extends land sale ban (Update: high court overturned the ban)

22 Oct 2013

On 22 October 2013, the Bulgarian National Assembly adopted a resolution extending the ban on the sale of agricultual land to foreigners until 1 January 2020. UPDATE: In January 2014, Bulgaria's high court overturned a ban on selling arable land to investors from the European Union.

Nature of measure:
  • Entry restriction
Type:
  • Entry and establishment (Access to land)
Industry:
  • Primary (Agriculture, forestry and fishing)
Inward FDI:
No
Outward FDI:
No
Sources: