As noted in the text of the decree, the territory of 'Sirius' has…
As noted in the text of the decree, the territory of 'Sirius' has been included in the list of border territories 'on which foreign citizens, stateless persons, and foreign legal entities cannot own land plots by right of ownership'.
Consensus
- The Russian President Vladimir Putin signed an edict banning foreign citizens, stateless persons, and foreign legal entities from owning land in the federal territory 'Sirius'.
- The edict took effect on July 27, 27, 2024.
- The prohibition applies only to ownership rights; foreign entities may still use the land through lease.
- The 'Sirius' territory is located on the Black Sea coast in the Imeretinsky Lowland, between the Mzymta and Psou rivers, in Krasnodar Krai.
- The 'Sirius' territory covers 1,400 hectares and is designated for innovative and technological projects.
- The 'Sirius' federal territory has been added to the list of border areas where foreign ownership of land is prohibited.
- The edict amends the list of border territories established by a presidential decree from January 9, 2011.
Points of divergence
- If foreign individuals already own land in the 'Sirius' territory, they must voluntarily dispose of it within one year through sale, gift, or lease conversion. — kommersant
- The 'Sirius' territory includes two land plots of 19.4 and 23.1 hectares, where a second phase of the scientific-technological campus and an IT cluster are planned, with a competition for the master plan scheduled for 2025. — interfax
- The list of border territories, originally established in January 2011, now includes 380 municipal formations across Russia. — vedomosti
- The edict is linked to a separate law passed by the State Duma that restricts Russian citizenship or residence permits for migrants with unexpunged or unsuspended criminal records, requiring them to provide a criminal record clearance from their home country. — m24
Coverage (6 sources)
- Putin by decree bans foreigners from owning land in 'Sirius' — Коммерсантъ
- Foreigners Banned from Owning Land in 'Sirius' — Интерфакс
- Foreign citizens will not be able to own land in Sirius — Вести
- Putin bans foreign citizens from owning land in 'Sirius' — Ведомости
- Foreigners, whether citizens or businesses, will not be able to own land on the federal territory 'Sirius'. — РИА Новости (Telegram)
- Putin signed a decree prohibiting foreigners from owning land in Sirius — Москва 24