They want to increase the concentration of land sales into single hands in Ukraine by 100 times starting from January 1, 2024

The Ministry of Agrarian Policy of Ukraine will support the implementation of the second stage of land market reforms starting from January 1, 2024, as was initially planned before the onset of the full-scale war.

Taras Vysotsky, the First Deputy Minister of Agrarian Policy and Food, made this statement.

He indicating that currently, only about 1.5% of land is in circulation, and those willing to sell should be given the opportunity to do so officially. He reiterated the unchanged position of the ministry in this regard.

He reminded that following the introduction of the second stage of the land reform, land will be available for purchase exclusively by individuals – Ukrainian citizens, and legal entities whose owners are Ukrainian citizens. However, starting from January 1, 2024, they will be able to acquire up to 10,000 hectares of land in one hand, not just up to 100 hectares as is the case currently.

Vysotsky mentioned that various proposals from Ukrainian parliamentarians were indeed considered by the Ukrainian Parliament, some of which suggested reducing the legally stipulated limit of 10,000 hectares during the state of war to 100 or 500 hectares.

In this context, Vysotsky emphasized that the Ministry of Agrarian Policy did not submit any documents to the parliament for consideration. The Ukrainian Parliament has received initiatives solely from Ukrainian MPs. Therefore, the ministry is not actively involved in the land discussion.

On March 31, 2020, the Verkhovna Rada of Ukraine passed a law on the turnover of agricultural lands. Since July 1, Ukrainians have been granted the right to sell/purchase land parcels.

In the first year of the land market’s operation in Ukraine, over 105,000 transactions were concluded, including 88,000 land sale-purchase transactions, totaling more than 7 billion hryvnias.

As of the beginning of 2023, since the launch of the land market, nearly 143,000 land agreements with a total area of 322,194 hectares have been concluded. Approximately 42,000 agreements were made during the full-scale war period. The average price per hectare reached over 52,000 hryvnias, which is 47% higher compared to the same period in the previous year.