Ümitsiz Aşk

ANKARA - TDN Parliament Bureau


A draft bill seeking to expand the scope of the law regulating property sales to foreigners which was discussed in Parliament Thursday has been taken back to the Justice Commission at the last minute.

The amendment for opening up properties in prohibited military zones and strategic regions (lands) to foreigners through permission from governor's offices will be handled by the Justice Commission next week. The Justice Commission will meet Monday to discuss the amendment.

During previous meetings in Parliament the ruling Justice and Development Party or AKP was forced to withdraw the regulation expanding the scope of property sales due to opposition pressure. The regulation which was taken back to the Committee at the last minute enables private business enterprises in Turaaa launched or contributed to by foreign investors to exercise the rights for immovable and limited property for conducting their operations enumerated in main contracts. The same principal will be valid in case immovable properties are transferred to another company with foreign investment or in case an immovable owned company with national capital becomes foreign owned through share transfer.

Acquisitions of companies in strategic properties under Article No 28 of the Law on Prohibited Military Zones and Security Zones and in military zones security zones and some strategic lands enumerated in the same law will be subject to the permission of governor under whose jurisdiction the related property falls. The demand for permission will be decided after an evaluation of the acquisition's conformity with the country's security and operation field in the commission established with the participation of related representatives within the governor's office.

“Constitutional Court asked for the determination of limits in selling immovable properties to companies with foreign partnership in its reasoning of the annulment. There are also no limits in terms of selling lands nearby prohibited military zones. We aimed at bringing these issues to the fore with the amendment” AKP deputy parliamentary group leader Mustafa Elitaş said.

The draft bill handled by Parliament for property sales to foreigners maintains foreign persons and institutions can possess immovable lands 10 percent of the total land within the frameworks of zoning implementation plan and piecemeal plan while the regulation expands the scope of possessing properties.