Background & Purpose

The law aims to keep a healthy balance between individual farmers and large companies owning agricultural land. Without these rules, companies could potentially accumulate large amounts of land through inheritance without oversight.

Proposals & Debate

The government proposed that companies must obtain a permit to acquire farmland even when the land is received via a will or from the state-run Inheritance Fund. This ensures that the government can control who owns agricultural land to prevent unwanted concentration of ownership.

The Decision

The parliament approved the new rules, meaning companies will now need official permission to acquire farmland in these specific situations starting in 2027.

Does this affect you?

  • Companies and organizations: They must now undergo a permit application process if they are named in a will to receive farmland.
  • The Inheritance Fund: They must ensure that any transfer of farmland to a company follows the new permit requirements.

In Practice

  • Companies that inherit farmland must apply for a permit to keep the property.
  • Acquisitions of farmland from the Inheritance Fund will now require a formal permit process.
  • The state will have better oversight of how much agricultural land is owned by legal entities versus individuals.
  • The new rules will be enforced starting from the beginning of 2027.