VI. Real Estate Ownership

VIRealEstateOwnership

News

Events

More Events

Steps have been taken to achieve economic citizenship

Article (8) of the Economic Agreement (1981) provided for permitting the real estate ownership, and Article (3) of the new Economic Agreement (2001) provided for equal national treatment in real estate ownership. However, that was made according to a number of restricting controls, particularly ownership of raw lands. Those controls were gradually reduced and the last regulation for real estate ownership, issued at the 23rd session of the Supreme Council (December 2002), did not contain most of those controls.