What the Constitution Says About Property and Business
The Constitution guarantees private property and freedom of enterprise. Seizure of property is permitted only by court order and with equivalent compensation at market value. The ban on selling land to foreigners is retained. The 2026 Constitution adds environmental obligations for business at the constitutional level.
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Property
- Private property is guaranteed and protected
- Seizure – only by court order with equivalent compensation at market value
- Inheritance – a constitutional right
- Confiscation without a court order is prohibited
Business
- Free enterprise – a constitutional right
- Monopolism is restricted by law
- Unfair competition is prohibited
- The state may not interfere in business arbitrarily
Land
- Land may be privately owned – on terms established by law
- Ban on selling land to foreigners – a constitutional provision (since 2022, retained)
- Agricultural land – subject to a special regime
What is new in the 2026 Constitution
- All existing guarantees are retained
- Environmental obligations of business are strengthened at the constitutional level
- Economic freedom is complemented by social responsibility
A practical example
The state decides to build a road through your plot:
- A court order is required – not an official's instruction
- You must be paid the market value of the plot
- You can challenge the amount of compensation in court
- If the expropriation law violates the Constitution – apply to the Constitutional Court
At every stage, you have the right to protection.
Key facts
- Private property is guaranteed; seizure requires a court order and market-value compensation
- Freedom of enterprise is a constitutional right
- The ban on selling land to foreigners is retained (since 2022)
- The 2026 Constitution strengthens environmental obligations of business at the constitutional level