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BULGARIA`S OWNERSHIP ACT CHANGES

2007-03-21   |  Sofia echo, 19th March 2007, Yana Moyseeva

On March 9, Parliament gave its final approval to amendments to the Ownership Act, opening the way for foreigners and foreign legal persons to acquire ownership rights over land, forests and forest stock land tracks and agricultural land. They can also acquire ownership over land by inheritance by law.

Reporting from Parliament, Bulgarian news agency BTA said that Parliament had agreed that foreigners and foreign legal persons not permanently resident in Bulgaria...

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