Foreign Ownership Property Restrictions of 2017
Rationale
Encourages foreign investment in key sectors while protecting local housing affordability and residential stability.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Foreign Land Ownership |
Ban all foreign ownership of land and property
|
Foreign ownership limited to commercial property only; residential banned
|
1
Foreign Land OwnershipProposer
Party
Popular Action Of Society
PAS is a reformist center-left economic party with a patriotic orientation and balanced social values. It supports national development, labor protection, a mixed economy, and social cohesion, promoting stability, responsability, and national identity
Core pillars
Martin Chapman
Candidate for Presidency · Age 50
Martin Chapman traded his military uniform for a political stage, using his disciplined mind and media savvy to bridge the gap between grassroots idealism and institutional power.
Timeline
-
Draft24 August 2017
-
Vote Open24 August 2017
-
Vote Closed23 October 2017
-
Became Law23 October 2017
Vote tally
Live tally across each chamber. Weighted by seats held.
House of Representatives
PassedFor: 134 / 435 seats (30.8%)
Against: 22 · Abstained: 0 · Not voted: 279
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Libertarian Populists | 22 | No | No reason given |
| Popular Action Of Society Proposer | 103 | Yes | No reason given |
| Technocrats Of Broadlands | 31 | Yes | No reason given |
Senate
PassedFor: 31 / 100 seats (31.0%)
Against: 5 · Abstained: 0 · Not voted: 64
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Libertarian Populists | 5 | No | No reason given |
| Popular Action Of Society Proposer | 24 | Yes | No reason given |
| Technocrats Of Broadlands | 7 | Yes | No reason given |
| Empty seats | 6 | Not voted |
Presidency
PassedFor: 1 / 1 seats (100.0%)
Against: 0 · Abstained: 0 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Popular Action Of Society Proposer | 1 | Yes | No reason given |