A blog about real estate, lifestyle and tourism in Pakistan | Feeta Blog

  • News
  • Construction
  • Tips & Advice
  • International
  • Amazing Design
  • Interior Decoration
  • Style Your Home
  • Design Ideas

Do Foreigners Own Land / Property in Pakistan?

Do-Foreigners-Own-Land-Property-in-Pakistan
feeta_admin
Wednesday, 25 August 2021 / Published in Construction, International, Real Estate, Real Estate Guide, Real Estate Info Bank

Do Foreigners Own Land / Property in Pakistan?

Property in Pakistan, land is a provincial issue with different regulations governing land acquisition in each province. Generally, any foreign national who has received permission from the Ministry of Internal Affairs (Federal) and the respective provincial government can acquire land according to his capacity. In addition, if a company is affiliated with the Securities and Exchange Commission of Pakistan (SECP), a foreigner can own land.

Specifications

  • Upper Limit
    In addition to media, banking, agriculture and airlines, the government imposes upper limits on investment.
  • Lower Border
    There is no ‘minimum’ amount set for investment in equity ownership in all permitted sectors.
  • Strangers can get 100% foreign ownership in all sectors except the areas mentioned in the upper limit.
  • According to the sixth clause of the Foreign Private Investment Act 1976, for advertising and investment protection and the procedural requirements defined by the Handbook of Changes of State Bank of Pakistan (SBP) 2002, foreign investors retain the right to repatriate their funds, whether acquired profits or their dividends, in the original currency of the respective state from which the investment was made.
  • Foreigners may appoint authorized banks or merchants to repatriate profits/investment income/dividends through an appropriate banking channel.
  • Regarding portfolio investment, foreigners must open a Special Convertible Rupee Account (SCRA) in any local bank to extract their dividends and sales income. They can invest in all securities listed on the Pakistan Stock Exchange.
  • According to the regulations of the SBP and SECP, foreigners can access domestic borrowing according to the Debt Equity Report.

FDI field in Pakistan

Since the last decade, Pakistan has been receiving a healthy and consistent flow of foreign investment from Asia, America, Australia, Africa and Europe.

In July 2021, the SECP reported 1,949 incorporations of new companies, with a total amount of 147,842. In these registrations, the construction and real estate sector tops the list.

Finally, for the promotion of FDI, the government ensures optimal treatment of foreign investment. The Economic Reform Protection Act of 1992 and the Foreign Private Investment (Advertising and Protection) Act of 1976 provide “No Less Favorable” treatment to foreign investors compared to National Investors in similar circumstances. With growing trends in investing as SECP assimilates more and more companies, now is the perfect time to invest in Pakistani real estate.

For the latest updates, please stay connected to Feeta Blog – the top property blog in Pakistan.


What you can read next

Basic Guide To Refinancing Investment Properties
Restful-Rounded-Sculptural-Home-Interior
Restful & Rounded Sculptural Home Interior
5-Tips-To-Increase-Rental-Property-And-Maximize-Income
5 Tips To Increase Rental Property And Maximize Income

Style Your Home - Gallery

Pin #700169073308716940

Source: houseofturquoise.com

Pin #700169073308717040

Source: behance.net

Pin #700169073308717050

Source: covethouse.eu

Modern Farmhouse Living Room – White Painted Beams – Home Decor – Interior Design – White couches living room

Modern Farmhouse Living Room – White Painted Beams – Home Decor – Interior Design – White couches living room

Source: farmhouseliving.com

Traditional Dining Room with a Twist – Amanda Louise Interiors

Traditional Dining Room with a Twist – Amanda Louise Interiors

Source: amandalouiseinteriors.com

5 marla house plan |1200 sq ft| 25×45 feet|www.modrenplan.blogspot.com

5 marla house plan |1200 sq ft| 25×45 feet|www.modrenplan.blogspot.com

Source: modrenplan.blogspot.com

Stunning European House Plan Loaded with Special Details – 500000VV | Architectural Designs – House Plans

Stunning European House Plan Loaded with Special Details – 500000VV | Architectural Designs – House Plans

Source: architecturaldesigns.com

Gorgeous Bathroom Remodelling And Decor

Competent questioned amazing decor information anonymous

Source: southernliving.com

Simple Home Design 4 Bedroom

Simple Home Design 4 Bedroom House Design Ideas With Floor Plans House Design Plan 9×12 5m With 4 Bedrooms House Design Modern House Plan Layout Tags Simple Modern House Design 4 …

Source: home.noterecipes.com

New hidden attic stairs trap door Ideas

New hidden attic stairs trap door Ideas

Source: plushemisphere.ru

versteckter Aufenthaltsraum. #hidden #Recreational #room #hidden #Recreational -…, #Aufent…

versteckter Aufenthaltsraum. -…, room

Source: well3.hizlievdenevenakliyat.com

Pin #700169073308717046

Hidden bookcase doorHidden bookcase door37 funny and unique ideas of secret rooms for your hiding place design by …37 fun and unique ideas of secret rooms for your hidden interior…

Hidden bookcase doorHidden bookcase door37 funny and unique ideas of secret rooms for your hiding place design by …37 fun and unique ideas of secret rooms for your hidden interior and interior design. design divertidas escondite spaces 10 Kick-Ass Secret Passage bookshelvesRest and relaxationHidden Bookcase Door Hidden Bookcase Door37 funny and unique ideas for secret rooms for your hiding place design by … 37 funny and unique ideas for s…

Source: secretroom.roomdecorations.co

Home Design Nahfa Prissy Inspiration Interior Heuywxwdlbmbpq S0 D

Home Design Nahfa Prissy Inspiration Interior Heuywxwdlbmbpq S0 D

Source: home.nastyish.com

House Front Elevation Tiles 42 New Ideas

House Front Elevation Tiles 42 New Ideas

Source: socialwiki.ru

Small And Elegant Bathroom Designs

Small And Elegant Bathroom Designs

Planos de la casa Parcela 10x20m con 3 habitaciones – Sam House Plans

Planos de la casa Parcela 10x20m con 3 habitaciones – Sam House Plans

Source: samhouseplans.com

Pin #700169073308716992

Source: futuristarchitecture.com

Buy Kitchen & Dining Room Chairs Online at Overstock | Our Best Dining Room & Bar Furniture Deals

Buy Kitchen & Dining Room Chairs Online at Overstock | Our Best Dining Room & Bar Furniture Deals

Source: overstock.com

Pin #700169073308717047

Source: picoji.com

GOSSIP

  • News
  • Construction
  • Tips & Advice
  • International
  • Amazing Design
  • Interior Decoration
  • Style Your Home
  • Design Ideas
TOP