Bahrain: RERA Dismisses Proposal Restricting Foreign Ownership
- Date: 22-Dec-2019
- Source: Gulf Insider
- Sector:Real Estate
- Country:Bahrain
Bahrain: RERA Dismisses Proposal Restricting Foreign Ownership
A proposed law aimed at restricting foreign ownership of real estate in residential areas has been dismissed by the Real Estate Regulation Authority (RERA). RERA has expressed its reservations about a proposed law which aims to restrict foreign ownership of real estate to tourist areas. The authority, in a note to the Shura Council, stated [“¦]
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