NZT - Articles : UK ENTITIES WILL CONTINUE TO ACQUIRE LAND IN LITHUANIA UNDER CERTAIN CONDITIONS

 

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2020-12-01
UK ENTITIES WILL CONTINUE TO ACQUIRE LAND IN LITHUANIA UNDER CERTAIN CONDITIONS

The National Land Service (NLS) often faces questions about what happens once the United Kingdom leaves the European Union, will nationals and organizations of that state have the right to acquire land in Lithuania.

As everyone is well aware, land in Lithuania can not be purchased by all foreigners and foreign entities, but only those who meet the criteria laid down by law.

Article 47 of the Constitution of the Republic of Lithuania provides that foreign entities may acquire land, inland waters, forests for ownership in the Republic of Lithuania under Constitutional law. Article 3 of the Constitutional law on the Implementation of Paragraph 3 of Article 47 of the Constitution of the Republic of Lithuania provides that the acquisition by right of ownership of land, inland waters, forests may be permitted for foreign entities meeting the criteria of European and Transatlantic integration chosen by Lithuania. Paragraph 1 of Article 47(3) of the Constitutional Law on the Implementation of Article 47 of the Constitution provides that the criteria for European and Transatlantic integration chosen by Lithuania shall be met by foreign legal persons, as well as other foreign organizations established in states which are not members of political, military, economic or other unions or commonwealth established based on the former union of soviet socialist republics and which are members of at least one of those unions, agreements or organizations:

(1) the European Union;

(2) the North Atlantic Treaty Organizations;

(3) the Agreement on the European Economic Area;

(4) Organisation for Economic Cooperation and Development.

The criteria for European and transatlantic integration chosen by Lithuania are also fulfilled by nationals of the States referred to in Paragraph 1 of Article 47 of the Constitutional Law on the implementation of Article 47 of the Constitution and permanent residents of these foreign states, as well as permanent residents of the Republic of Lithuania who are not nationals of the Republic of Lithuania.

Upon the entry into force of the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community, the United Kingdom shall

no longer a member of the European Union on 1 February 2020 and is officially considered as a third country concerning the European Union under this Agreement. However, the United Kingdom continues to meet the criteria laid down in Article 4(1) of the Constitutional Law for the implementation of Article 47(3) of the Constitution by being a member of NATO and the Organisation for Economic Cooperation and Development. As a result, UK entities will continue to be able to purchase land in Lithuania under the same conditions as those in force before the United Kingdom's withdrawal from the European Union.

 

 
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National Land Service under the Ministry of Agriculture. Code 188704927
Gedimino ave. 19, LT-01103 Vilnius. Phone (+370) 706 86666, Fax (+370) 706 86949, E-mail nzt@nzt.lt
State Budgetary Institution. Data have been accumulated and stored in the Register of Legal Entities.

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