Russia lifts restrictions on real estate deals with non-residents

- Russia's government commission lifted temporary restrictions on real estate deals, giving the green light to Russian citizens to buy and sell real estate from and to non-residents from "unfriendly countries", the finance ministry said on Tuesday.

Non-residents in Russia will receive proceeds from selling real estate to special type-C accounts, the ministry said.

In early March, Russia put some restrictions on real estate deals with foreigners, assigning a special commission to issue permits for such deals.