Mountains Package/ Which lands cannot be acquired for 1 euro? - The right to invest is denied to those who do not meet 5 property conditions
The draft law "On the Mountains Package" aims to attract investments in mountainous areas through the transfer of ownership of state assets in these areas for just 1 euro.
But what are the land conditions that must be met to gain the right to invest?
An immigrant cannot invest in an inalienable public property, such as protected, historical, archaeological and cultural areas, or the country's infrastructure projects, such as roads, bridges and others. In this case, forests, meadows and pastures are excluded from the category of inalienable public property and construction will be allowed on them.
All lands that are state property and are not private property, that are not used by the Armed Forces for the conduct of military operations, that do not encumber the real rights of third parties, or that have not been subject to a decision to return or provide physical compensation to the former owners, will be able to be used by interested individuals.
If these land conditions are not met, the individual will be denied the request to acquire the property for a symbolic fee of 1 euro and will not be issued a certificate of ownership. However, if half of the land area meets all the conditions and half does not, then the certificate of ownership can only be issued for the half of the land area that meets the conditions.
But what are the procedures that an individual must follow to acquire the right to ownership of these lands?
Initially, the non-owner possessor must apply for a development permit at the Territorial Development Agency. After obtaining the development permit, the non-owner possessor has the right to submit, to the ministry responsible for the economy, a request for the purchase of the area included in the development permit, with a value of 1 euro, accompanied by the decision of the municipal council for recognition as a non-owner possessor, the development project of the work, accompanied by the decision for the development permit, the agreement concluded with the investor, in case he will not develop the area himself and other additional documentation, if necessary.
Entities that acquire ownership benefit from a 10-year exemption from the infrastructure impact tax, real estate tax, VAT, and income tax.
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