Legislative Bill · Costavela
Failed

Foreign Ownership & Quota Reform Act of 2011

Proposed by Unity & Freedom · fronted by Ramón Guerrero
Failing
passing in 0 of 2 chambers
Opened
19 Apr 2011
Voting closes
18 Jun 2011
Chambers
2 legislatures
Articles
2 changes

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

1

Foreign Land Ownership
Previous law
Foreign ownership limited to commercial property only; residential banned
No restrictions on foreign land purchases

2

Immigration Quota Policy
Previous law
Annual quotas with caps
No quotas, open immigration

Timeline

  • Draft
    19 April 2011


  • Vote Open
    19 April 2011


  • Vote Closed
    18 June 2011


  • Did Not Become Law
    18 June 2011

Vote tally

Live tally across each chamber. Weighted by seats held.

Senado

Failed
0Yes 60No 206Not voted 266 seats

For: 0 / 266 seats (0.0%)

Against: 60 · Abstained: 0 · Not voted: 206

50.1% of those voting must vote in favour (actual = 0.0%)
Party Seats Vote
New Democratic Front 0 Yes
Reform Costavela 60 No
Unity & Freedom Proposer 0 Yes
Empty seats 54 Not voted

Congress of Deputies

Failed
0Yes 94No 256Not voted 350 seats

For: 0 / 350 seats (0.0%)

Against: 94 · Abstained: 0 · Not voted: 256

50.1% of those voting must vote in favour (actual = 0.0%)
Party Seats Vote
New Democratic Front 0 Yes
Reform Costavela 94 No
Unity & Freedom Proposer 0 Yes
Empty seats 80 Not voted

Voting record

Every vote must state a public reason. Most recent first.

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