The purpose of this Act is to prescribe rules for land acquisition by foreigners within the territory of the Republic of Korea. “Foreigner” is defined in article 2. As far as corporations are concerned, substantially at least of the corporation shall be foreign so as to qualify as foreigner. Article 3 outline the principle of reciprocity, i.e.
Según lo dispuesto por el artículo 2º de la Ley de Hidrocarburos, dentro de los 50 km de las fronteras nacionales, ningún extranjero podrá adquirir ni poseer propiedades inmuebles por ningún título, con la excepción del caso de necesidad nacional declarada mediante ley expresa.
La presente Ley establece la zona de seguridad fronteriza del Paraguay, correspondiente a la franja de 50 kilómetros adyacente a las líneas de frontera terrestre y fluvial del territorio nacional. El artículo 2º dispone que los extranjeros oriundos de cualquiera de los países limítrofes no podrán ser propietarios, condóminos o usufructuarios de inmuebles rurales en la zona de seguridad fronteriza. Sin embargo, dicha disposición no afectará a los derechos adquiridos anteriormente a la vigencia de esta Ley.
The present Act sets out a series of measures which are designed to respect the acquisition of farmland by non-residents. It contains at the outset a definition clause relating to various terms therein employed such as "acquisition", "agriculture", "public road", "commission", "lot", "farm land". Thereafter the text deals with territorial application, control of the acquisition of farm land, application for registration of the acquisition, penalties and general provisions.
This Act regulates the acquisition of the right to own or use real property in Iceland. It provides for the control of State organs of the purchase of titles in real property by foreigners. No one may acquire the right to own or use real property in Iceland, including fishing and hunting rights, water rights or other real property rights, whether by free assignation or enforcement measures, marriage, inheritance or deed of transfer, unless it is an individual who is domiciled in Iceland or is an Icelandic citizen.
This Agreement is composed of 7 articles.
Item 3 of the Article 8 acquires a new wording: «Rent and the modalities of collection thereof shall be established on contractual basis. Land granted in lease cannot be granted in sublease. The amount of rent granted to foreigners except for agricultural land shall be calculated in conformity with the rates of land charges with the application of coefficient established by the Government».
Amends: Land Code of the Kyrgyz Republic. (2013-11-15)
This Chapter defines property and ownership in general and contains various rules regarding the property of land, fixtures and wild animals. This Act defines “ownership”, “property”, “real property” “land” and “appurtenances” and contains rules relative to ownership of real property. The Act also contains a clause on the ownership of wild animals. The Act declares that animals wild by nature are the subject of ownership, while living, only when on the land of the person claiming them, or when tamed, or taken and held in possession, or disabled and immediately pursued.
These Regulations define the criteria and guidelines for the designation of Special Designated Areas, which are exempted from the prohibition of acquisition of immovable property in Malta by non residents. The Minister of Finance shall issue an order designating an area as a Special Designated Area upon application by non residents who intend to acquire immovable property.
Implements: Immovable Property (Acquisition by Non-Residents) Act. (2005)
Amended by: Immovable Property (Designation of Special Areas) (Amendment) Regulations, 2007 (L.N. 320 of 2007). (2007)
The present Act lays down provisions concerning the acquisition of immovable property by non residents, which basically shall be prohibited, except for certain circumstances under which such acquisition shall be allowed (those specified in article 5). As a general rule, A person, other than a physical or a non resident person, may acquire by an act inter vivos immovable property in Malta without the necessity of obtaining a permit under this Act where such immovable property is required for the purpose of carrying out the activity for which it has been set up.
The purpose of the present Law is to ensure the rational use of soil; the creation and conservation of an efficient agriculture and forestry; and the restriction of foreign land tenure. The text consists of 37 articles divided into 5 Parts as follows: General provisions (1); Restrictions of the transfer of agricultural and forestry land (2); Foreign land tenure (3); Common provisions (4); Final penalties and transitional provisions (5).
This Ministerial Decree shall be applicable to land auctions regarding sale of the plots of public land or the lease right thereto and regarding the plots of non-allotted public land. Kazakhstan nationals and private legal persons shall be authorized to participate in land auctions prior registration while foreign natural and legal persons, and stateless persons shall be authorized to participate in land auctions exclusively if the aforesaid persons have the right to own or to have the right of lease of the plots of land destined for sale in accordance with land legislation.