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Politics : Formerly About Advanced Micro Devices
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To: Elroy who wrote (358846)11/16/2007 5:00:54 PM
From: tejek  Read Replies (1) of 1573690
 
Exactly what it says. There are specific regions/islands where non-citizens can own homes/apartments, but in most of the country non-citizens cannot. It's as if foreigners could own in Manhatten, but not in the rest of New York state.

Interesting concept......separate but equal. <g>

Here are some of the new developments where non-citizens can own housing. I think we can only lease the land for 100 years, or something like that.

saadiyat.ae;

This development seems a little off the beaten track.....25 km to the airport in a city of what less than 1 million people. That's not close.....esp when you figure foreigners will use the airport the most. Nonetheless, the development itself is first class and attractive.

http://www.ipropertynet.com/ru/News/show-news.php?&idn=123

Its a little scary that there is so little factual info on the real estate market there.

Most developing countries do not allow non-citizens to own land, by the way.

Its hard in some developed countries like France as well.
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