Bahrain: RERA Dismisses Proposal Restricting Foreign Ownership

  • Date: 22-Dec-2019
  • Source: Gulf Insider
  • Sector:Real Estate
  • Country:Bahrain
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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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