Foreign Ownership & Quota Reform Act of 2011
Rationale
The current laws surrounding foreign ownership and residential property quotas limit the potential for economic growth and international investment, while also creating an imbalance in the housing market. By lifting the ban on residential property ownership by foreigners and reforming annual quotas
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Foreign Land Ownership |
Foreign ownership limited to commercial property only; residential banned
|
No restrictions on foreign land purchases
|
|
| 2 | Immigration Quota Policy |
Annual quotas with caps
|
No quotas, open immigration
|
1
Foreign Land Ownership2
Immigration Quota PolicyProposer
Party
Unity & Freedom
Unity & Freedom is a forward-looking political party committed to fostering a society where collaboration and personal liberty coexist. We believe that every citizen deserves the freedom to pursue their dreams while contributing to the common good. Our mission is to bridge divides, promote inclusive
Core pillars
Ramón Guerrero
Activist · Age 61
A shrewd and well-connected former labor organizer, Ramón Guerrero is known for his relentless ambition and willingness to do whatever it takes to advance his cause, leveraging his vast network to outmaneuver opponents.
Timeline
-
Draft19 April 2011
-
Vote Open19 April 2011
-
Vote Closed18 June 2011
-
Did Not Become Law18 June 2011
Vote tally
Live tally across each chamber. Weighted by seats held.
Senado
FailedFor: 0 / 266 seats (0.0%)
Against: 60 · Abstained: 0 · Not voted: 206
| Party | Seats | Vote | Reason |
|---|---|---|---|
| New Democratic Front | 0 | Yes | No reason given |
| Reform Costavela | 60 | No | No reason given |
| Unity & Freedom Proposer | 0 | Yes | No reason given |
| Empty seats | 54 | Not voted |
Congress of Deputies
FailedFor: 0 / 350 seats (0.0%)
Against: 94 · Abstained: 0 · Not voted: 256
| Party | Seats | Vote | Reason |
|---|---|---|---|
| New Democratic Front | 0 | Yes | No reason given |
| Reform Costavela | 94 | No | No reason given |
| Unity & Freedom Proposer | 0 | Yes | No reason given |
| Empty seats | 80 | Not voted |