Foreign Property Ownership Restrictions of 2022
Rationale
Limiting foreign ownership to commercial property protects housing affordability and national sovereignty while maintaining economic benefits from foreign investment.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Foreign Land Ownership |
Foreign purchases require government approval
|
Foreign ownership limited to commercial property only; residential banned
|
1
Foreign Land OwnershipProposer
Party
ALAYON
ALAYON builds a future where order and opportunity rise together, forging a nation of strength and vision.
Core pillars
Léo Girard
Chancellor of the exchequer · Age 47
Léo Girard, a fiery orator with a working-class upbringing, uses his street-smart instincts and idealistic vision to rally crowds and challenge the status quo with passionate, principled speeches.
Timeline
-
Draft18 December 2022
-
Vote Open18 December 2022
-
Vote Closed16 February 2023
-
Became Law16 February 2023
Vote tally
Live tally across each chamber. Weighted by seats held.
Senate
PassedFor: 266 / 348 seats (76.4%)
Against: 0 · Abstained: 88 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| ALAYON Proposer | 20 | Yes | No reason given |
| Blue Labour | 46 | Yes | We support the proposal |
| Charlemont Rise Up ! | 0 | No | Dangerous Proposal. A declaration of war on foreign capital. |
| Green-left Movement | 88 | Abstain | No reason given |
| National Front | 146 | Yes | We support this legislation |
| Progressive Front | 54 | Yes | We support this legislation. |
| Empty seats | 14 | Not voted |
National Assembly
PassedFor: 378 / 577 seats (65.5%)
Against: 103 · Abstained: 105 · Not voted: 0
| Party | Seats | Vote | Reason |
|---|---|---|---|
| ALAYON Proposer | 65 | Yes | No reason given |
| Blue Labour | 91 | Yes | We support the proposal |
| Charlemont Rise Up ! | 103 | No | Dangerous Proposal. A declaration of war on foreign capital. |
| Green-left Movement | 105 | Abstain | No reason given |
| National Front | 165 | Yes | We support this legislation |
| Progressive Front | 57 | Yes | We support this legislation. |
| Empty seats | 17 | Not voted |
Presidency
PassedFor: 0 / 1 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 1
Voting record
Every vote must state a public reason. Most recent first.
“We support the proposal”
“Dangerous Proposal. A declaration of war on foreign capital.”
“We support this legislation”
“We support this legislation.”