Finland is moving ahead with its plan to stop property purchases by some foreign nationals after security concerns surfaced over such deals with links to neighboring Russia.

Finland will prohibit Russian citizens from purchasing real estate in the country. "The government has just decided to submit a proposal to parliament to ban real estate transactions by Russians in Finland,

The Finnish government has submitted a proposal to parliament to ban Russian citizens and organizations from buying property in the country. According to a statement published on Thursday, the bill proposes banning the sale of properties and land to people whose home country is waging a war of aggression or poses a threat to Finland's security.

The decision is driven by national security threats linked to Russia’s actions on the international stage. Read also: Finland to completely ban Russians from purchasing real estate in the country The ban applies to countries engaged in aggressive wars and posing a threat to Finland’s security.

Finland’s government on Thursday proposed a ban on property purchases by nationals of countries that wage wars of aggression, a move that would effectively restrict real estate transactions by Russian citizens.