Book/Printed Material Restrictions on foreign ownership of assets in various countries
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Image 1 of Restrictions on foreign ownership of assets in various countries RESTRICTIONS ON FOREIGN OWNERSHIP OF ASSETS IN VARIOUS COUNTRIES Robert L Nay American British Law Division Law Library of Congress December 1989 LL 89101
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 2 of Restrictions on foreign ownership of assets in various countries CONTENTS Chart 1 Australia 5 Kersi B Shroff Brazil 8 Rubens Medina Canada 10 Stephen F Clarke India 13 Krishan S Nehra Japan 15 Sung Yoon Cho Korea Republic of 17 Sung...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 3 of Restrictions on foreign ownership of assets in various countries RSTRICTIONS ON THE FOREIGN OWNERSHIP OF ASSETS 1 Country Farmland Stocks Real Estate Manufacturing Communications Provisions for buying back foreign holdings Australia Brazil Canada yes yes yes no yes yes for more...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 4 of Restrictions on foreign ownership of assets in various countries RESTRICTIONS ON THE FOREIGN OWNERSHIP OF ASSETS 2 Country Farmland Stocks Real Estate Manufacturing Communications Provisions for buying back foreign holdings Great Britain India Ireland no no except for no no except...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 5 of Restrictions on foreign ownership of assets in various countries RESTRICTIONS ON THE FOREIGN OWNERSHIP OF ASSETS 3 Country Farmland Stocks Real Estate Manufacturing Communications Provisions for buying back foreign holdings Korea Republic of Mexico Nigeria yes Yes for foreign corporations individual...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 6 of Restrictions on foreign ownership of assets in various countries RESTRICTIONS ON THE FOREIGN OWNERSHIP OF ASSETS 4 Country Farmland Stocks Real Estate Manufacturing Communications Provisions for buying back foreign holdings Taiwan Yugoslavia yes no some3 no except must get approval for...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 7 of Restrictions on foreign ownership of assets in various countries 5 AUSTRALIA The government policy on foreign investments in Australia is governed by the Foreign Investment Review Board FIRB Under the Foreign Takeovers Act 1975 certain types of proposals by foreign interests...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 8 of Restrictions on foreign ownership of assets in various countries 6 Stocks Proposals for the acquisition of stock in Australian corporations which may result in a substantial foreign interest are examined by the FIRB A substantial interest is an interest of 15...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 9 of Restrictions on foreign ownership of assets in various countries 7 Divestiture of assets Where a person has acquired shares in a corporation resulting in the foreign control of a corporation and the result is contrary to the national interest the Treasurer...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 10 of Restrictions on foreign ownership of assets in various countries 8 BRAZIL Real Estate Even though the right of property is guaranteed to nationals and aliens alike under the National Constitution the same source establishes some possible restrictions thereon based on the...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 11 of Restrictions on foreign ownership of assets in various countries 9 landholdings located in areas considered indispensable for national defense may only be acquired by foreigners under special authorization issued by the Secretary General of the National Security Council Brazilian corporations in...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 12 of Restrictions on foreign ownership of assets in various countries 10 CANADA 1 Farmland Restrictions on foreign ownership of farmlands are contained in the laws of the following provinces A Alberta The Agricultural and Recreational Land Ownership Act and the Foreign Ownership...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 13 of Restrictions on foreign ownership of assets in various countries 11 D Quebec The Preservation of Agricultural Land Act generally requires nonresidents to apply to the Commission de Protection du Territoire Agricole du Quebec for permission to acquire lands in agricultural zones...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 14 of Restrictions on foreign ownership of assets in various countries 12 4 Manufacturing The only general restrictions on the acquisition or establishment of manufacturing businesses in Canada are those set out in the Investment Canada Act 5 Communications Under a Direction to...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 15 of Restrictions on foreign ownership of assets in various countries 13 INDIA The 1973 law consolidates and amends provisions for regulating dealings in foreign exchange The object of the Act is to conserve foreign exchange resources of the country All such transactions...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 16 of Restrictions on foreign ownership of assets in various countries 14 Moreover unless within ninety days of the receipt of the application the application is denied it will be presumed to have been granted India recognizes foreign capital as an important supplement...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 17 of Restrictions on foreign ownership of assets in various countries Japan updated 72590 15 JAPAN 1 Farmland and Other Real Estate Under the Alien Land Law of 1925 foreign nationals or Japanese corporations in which 50 percent or more of the employees...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 18 of Restrictions on foreign ownership of assets in various countries 16 is not affected thereby an alien who had acquired property prior to the enforcement of the 1979 Law is required to submit reports as before to the competent minister art 7...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 19 of Restrictions on foreign ownership of assets in various countries 17 2 petroleum industries 3 mining and 4 leather and leather products manufacturing 8 Proposed investments in these business categories are subject to government validation after a case by case review Two...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 20 of Restrictions on foreign ownership of assets in various countries 18 or holds one third or more of the voting rights art 5 Similar restrictions are also set forth in the Wire Television Broadcast Law and the Telecommunications Law 12 Prepared by...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 21 of Restrictions on foreign ownership of assets in various countries 18 THE REPUBLIC OF KOREA 1 Farmland and Other Real Estate Under the Alien Land Law an aliens right to own land may be subject to restrictions in Korea if a Korean...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 22 of Restrictions on foreign ownership of assets in various countries 19 guidelines issued thereunder 3 represented a further liberalization effort by the government Through the amendment of this legislation the government established for the rust time an automatic approval system and shifted...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 23 of Restrictions on foreign ownership of assets in various countries 20 The Radio Waves Control Law 6 prohibits aliens foreign governments and their representatives and foreign corporations from establishing radio stations in Korea Furthermore no permission will be granted to any corporation...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 24 of Restrictions on foreign ownership of assets in various countries 21 MEXICO Real estate The national Constitution of Mexico provides an outright prohibition against foreign ownership of real estate in the border and costal zones and requires specific governmental approval for the...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 25 of Restrictions on foreign ownership of assets in various countries 22 The above Constitutional provision has been augmented by Article 7 of the Law to Promote Mexican Investment and to Regulate Foreign Investment This article may be paraphrased as follows ARTICLE 7...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 26 of Restrictions on foreign ownership of assets in various countries 23 Each state in Mexico as well as the Federal District determines the maximum amount of land which may be owned by one individual In general this amount will vary greatly depending...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 27 of Restrictions on foreign ownership of assets in various countries 24 The following activities are reserved exclusively for the government a Petroleum and other hydrocarbons b Basic petrochemicals c Extraction of radioactive minerals and nuclear power d Mining as set for in...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 28 of Restrictions on foreign ownership of assets in various countries 25 Mexican business or an interest in more than 49 percent of its fixed assets The leasing of a business enterprise is considered equivalent to acquiring its assets Prepared by Rubens Medina...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 29 of Restrictions on foreign ownership of assets in various countries SPAIN Under Spanish exchange control regulations foreign investors are defined as non residents foreign individuals or entities and Spaniards living abroad The concept of residence for exchange control purposes is based on...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 30 of Restrictions on foreign ownership of assets in various countries 27 interest and prior administra tive approval Public Services Cinematography Local Broadcasting Mining Exploration Exploitation of Hydrocarbons Creation of New Banks Banks Oil Refining Air Transportation Shipping Commercialization of Waters Contracting for...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 31 of Restrictions on foreign ownership of assets in various countries 28 Manufacture of Explosives up to 40 Casinos up to 25 For reasons of security or national defense some areas of Spain are restricted insofar as investment by foreigners Generally speaking apart...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 32 of Restrictions on foreign ownership of assets in various countries 29 5 to obtain any indicated registration at the appropriate local registry In all cases in order to repatriate both the return on an investment or the proceeds of its sale it...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 33 of Restrictions on foreign ownership of assets in various countries 30 SWITZERLAND As a rule any activities in the nature of ownership of stocks as well as in the form of investing manufacturing and communications in Switzerland are open to foreign citizens...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 34 of Restrictions on foreign ownership of assets in various countries 31 YUGOSLAVIA The purchasing of agricultural lands and investing in farmlands by foreigners in Yugoslavia are strictly regulated since this socialist country has adopted a rigid approach to business transactions with aliens...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989
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Image 35 of Restrictions on foreign ownership of assets in various countries 32 The new Foreign Investment Law which came into force on January 8 19894 prescribes that foreign persons may invest resources for the purpose of pursuing economic and social activities in the...
- Contributor: Nay, Robert L. - Law Library of Congress (U.S.). American-British Law Division
- Date: 1989