The President of Ukraine Vladimir Zelensky has signed the law about the opening of the country’s land market from 1 July 2021. Information about it published by the press service of the head of state.

Zelensky said that Ukraine was waiting for the law from the time of independence. According to him, with the opening of a land market for Ukrainians is an historic moment.

According to the text of the bill, until 2024, the earth will be able to purchase only natural persons, and in 2024 and legal. Set limits on the amount of land that can be purchased in one hand. Foreigners and persons without citizenship are forbidden to buy land and shares in companies purchasing it.

The Verkhovna Rada adopted a law that opens the market of the earth, 31 March. For the document voted 259 deputies. The moratorium on sale of farmland is valid for almost 20 years. During this time, it is renewed ten times. Zelensky in Parliament were asked to vote for the document because it is required for assistance from the International monetary Fund. The majority of citizens oppose the opening of the land market, fearing that the land will be bought by oligarchs and foreigners.