Bilaj Al Jazayer opens to foreign property buyers
TDT | Manama
Email: mail@newsofbahrain.com
Foreign ownership of property in Bahrain has been widened to include Bilaj Al Jazayer, under a decision issued by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.
The measure amends Decision No. 43 of 2003, which governs the purchase of land and built properties by non-Bahrainis.
New maps have been issued, replacing earlier versions that marked ownership zones across the Kingdom, including those covering the Muharraq and Southern Governorates.
An additional entry, numbered (5), has been added to the table of investment and tourism projects where foreigners may buy real estate. Bilaj Al Jazayer is now among the areas open to non-Bahraini ownership.
Decision
The decision follows a submission by the Deputy Prime Minister and has been passed by the Cabinet.
It draws upon the provisions of Decree-Law No. 2 of 2001, which regulates foreign ownership of land and property in Bahrain.
The changes take effect the day after the decision appears in the Official Gazette.
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