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Maldives: People’s Majlis Passes Amendment to Constitution Allowing Foreign Ownership of Land

(July 30, 2015) On July 22, 2015, the People’s Majlis, the unicameral parliament of the Maldives, passed a bill amending the 2008 Constitution to allow foreign ownership of land. President Yamin Abdul Gayoom ratified the bill the next day. (Shan Anees, President Ratifies Land Ownership Bill, HAVEERU ONLINE (July 23, 2015).) The bill reportedly amends […]

China: Nationwide Real Estate Registration Rules Entered into Effect

(July 7, 2015) On March 1, 2015, the Provisional Regulations on Real Estate Registration went into effect. The Regulations aim to establish a nationwide real estate registration system in China. (Budongchan Dengji Zanxing Tiaoli [Provisional Regulations on Real Estate Registration] (promulgated by the State Council on Nov. 24, 2014, effective Mar. 1, 2015), State Council […]

Uruguay: New Law Bans Ownership of Agricultural Land by Companies Owned by Foreign Governments

(Dec. 12, 2014) The Government of Uruguay promulgated Law No. 19,283 on October 7, 2014 to ban the ownership of rural land or farms by businesses that are owned in whole or in part by foreign governments. (Tierras con Fines de Explotación Agropecuaria – Prohíbe la Compra y Tenencia a Empresas Extranjeras o a las […]