Foreign Land Ownership Reform Act of 2012
Rationale
Removing foreign land purchase restrictions boosts investments, economic growth and creation of new job whilst ensuring fair market access for all buyers. Plus, the current regulations are more than a bit pointlessly protectionist (therefore against free market) and chauvinistic.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Foreign Land Ownership |
Foreign ownership limited to commercial property only; residential banned
|
No restrictions on foreign land purchases
|
1
Foreign Land OwnershipProposer
Party
Alliance For Digital Freedom And Rights
ADFR is a centre-to-centre-left, social-liberal party. We advocate for an open and neutral Internet, strong privacy rights, a digital PA and an eco-social market economy. We focus on white-collar professionals and innovative companies, ensuring technology expands freedom and opportunities for all.
Core pillars
Karin Schneider
Federal Minister of the Interior · Age 40
A rising star in political circles, Karin Schneider leverages her extensive network and sharp intellect to bridge gaps between activism and policy, inspiring both colleagues and critics with her unwavering integrity.
Timeline
-
Draft3 February 2012
-
Vote Open18 April 2012
-
Vote Closed17 June 2012
-
Did Not Become Law17 June 2012
Vote tally
Live tally across each chamber. Weighted by seats held.
Bundesrat
FailedFor: 11 / 69 seats (15.9%)
Against: 19 · Abstained: 0 · Not voted: 39
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Alliance For Digital Freedom And Rights Proposer | 11 | Yes | No reason given |
| Democratic Forum Of Social Democracy | 0 | Yes | No reason given |
| Left Forward | 11 | No | No reason given |
| New National Order | 8 | No | No reason given |
| People's Alliance | 0 | No | No reason given |
| Empty seats | 5 | Not voted |
Bundestag
FailedFor: 134 / 650 seats (20.6%)
Against: 222 · Abstained: 0 · Not voted: 294
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Alliance For Digital Freedom And Rights Proposer | 127 | Yes | No reason given |
| Democratic Forum Of Social Democracy | 7 | Yes | No reason given |
| Left Forward | 53 | No | No reason given |
| New National Order | 169 | No | No reason given |
| People's Alliance | 0 | No | No reason given |
| Empty seats | 52 | Not voted |