In accordance with legislation of the Republic of Belarus, there
are several (both general and special) options for obtaining rights
to a land plot by the investor. In this article we give a summary
of the options for the construction of commercial real estate by
legal entities and individual entrepreneurs.
Granting the land plot for implementation of the investment
agreement
According to the Regulation on seizing and granting land plots
established by the Edict of the President of the Republic of
Belarus dated December 27, 2007 No. 667 (hereinafter - Regulation),
land plots are granted to an investor (organization implementing an
investment project) for the construction of the real estate object
under the investment agreements with the Republic of Belarus,
during the effect of such agreements. Granting the land plot is
performed without holding an auction or paying a fee for the right
to conclude a lease agreement. The investor is exempted from
reimbursement of
