“I abstain because this law combines two different measures. I support allowing the government to block foreign takeovers of strategic companies when there is a clear national security risk. At the same time, I oppose a blanket ban on foreign residential ownership. Foreigners who legally live in Northsea should be able to buy a home under reasonable conditions. Targeted restrictions on large-scale property purchases are, however, justified.”
Northsea National Assets and Home Ownership Act of 2024
Rationale
This Act protects Northsea homes and strategic assets from excessive foreign control while preserving commercial investment. Our housing, infrastructure and vital industries must ultimately remain accountable to Northsea’s national interest.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Foreign Investment & Takeovers |
Screening of sensitive sectors on national-security grounds
|
Government veto over foreign takeovers of strategic firms
|
|
| 2 | Foreign Land Ownership |
Foreign purchases require government approval
|
Foreign ownership limited to commercial property only; residential banned
|
1
Foreign Investment & Takeovers2
Foreign Land OwnershipProposer
Party
Northsea National Union
The Northsea National Union stands for a strong, united, and resilient country. We support a capable defence, modern infrastructure, a confident national identity, and policies that help working families build stable and prosperous lives.
Core pillars
Genevieve Chapman
Home Secretary · Age 36
A former broadcast journalist turned activist, Genevieve Chapman honed her razor-sharp rhetoric in front of cameras before trading the studio for the streets, where her ability to turn cold facts into compelling arguments makes her a force even the most jaded audiences can’t ignore.
Timeline
-
Draft23 October 2024
-
Vote Open23 October 2024
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Vote Closes22 December 2024
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Became LawNot completed yet
Vote tally
Currently passingLive tally across each chamber. Weighted by seats held.
National Assembly
PassingFor: 18 / 100 seats (18.0%)
Against: 0 · Abstained: 66 · Not voted: 16
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Democratic Socialist Of The Northsea | 16 | Not voted | |
| Liberal Center | 31 | Abstain | No reason given |
| New Horizon | 0 | Abstain | No reason given |
| Northsea National Union Proposer | 18 | Yes | No reason given |
| Progressive Alliance For Flora And Fauna | 0 | Abstain | I abstain because this law combines two different measures. I support allowing the government to block foreign takeovers of strategic companies when there is a clear national security risk. At the same time, I oppose a blanket ban on foreign residential ownership. Foreigners who legally live in Northsea should be able to buy a home under reasonable conditions. Targeted restrictions on large-scale property purchases are, however, justified. |
| The Northsea Rally | 35 | Abstain | No reason given |
Voting record
Every vote must state a public reason. Most recent first.