MPs back clamp on expat property ownership

MPs back clamp on expat property ownership

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Last week the GDN reported that MPs in Bahrain have backed the legislation to ban expats from owning property in areas not designated tourism or investment zones. The amendment to the 2001 Non-Bahrainis Ownership of Property and Plots Law was passed following claims that Bahrainis were being priced out of the property market. Parliament’s amendment will now be debated by the Shura Council.

The 2001 law enables foreigners to buy property and land anywhere in Bahrain, although in 2003 the government imposed restrictions that limit this right to certain locations. These locations include Hoora, Abu Ghazal in Manama, Al Fateh District in Juffair, the Diplomatic Area, Reef Island and Seef. Expats can also buy property in designated investment projects such as Amwaj Islands. Meanwhile, GCC nationals have now been granted the same rights as Bahrainis.

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