Foreign Ownership Property Restrictions Act of 2017
Rationale
Limiting foreign land ownership to commercial property protects housing affordability for citizens while still attracting foreign investment for economic growth.
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
Kataastaasang, Kagalanggalangang Katipunan
We forge tomorrow from today’s labor. Roads rise roads roam knowledge must flow and wealth must follow.
Core pillars
Manuel Gómez
Activist · Age 62
Manuel Gómez honed his ruthless pragmatism as a corporate strategist before pivoting to politics, where his analytical mind and charismatic leadership turned factional infighting into a unified voting bloc.
Timeline
-
Draft6 July 2017
-
Vote Open10 April 2019
-
Vote Closed10 April 2019
-
Did Not Become Law10 April 2019
Vote tally
Live tally across each chamber. Weighted by seats held.
Senatus iuris
FailedFor: 0 / 150 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 150
Curia plebiscitaria
FailedFor: 0 / 350 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 350
Consul Regis
PassedFor: 0 / 1 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 1
Plebis Tribunus
PassedFor: 0 / 1 seats (0.0%)
Against: 0 · Abstained: 0 · Not voted: 1