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Thread: Foreign nationals will no longer be able to own land in South Africa

  1. #1
    MyGaming Alumnus James's Avatar
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    Default Foreign nationals will no longer be able to own land in South Africa



    Foreign nationals will no longer be able to own land in South Africa once government's land policy is finalised and passed into law, Land Reform Minister Gugile Nkwinti said on Tuesday.

    "All people who are foreign nationals will not own land, but will lease land on a long-term basis," he said.

    Nkwinti was responding to a question during a "dialogue" with farm workers in the Western Cape town of Paarl.

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    Aapdans's Avatar
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    That picture says it all..!

    Looks like we are heading the Zimbabwe way..

  3. #3

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    Quote Originally Posted by Aapdans View Post
    Looks like we are heading the Zimbabwe way..
    No necessarily. 99 year land leases are actually quite common around the world.

    I reckon its not a bad idea actually.

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    Assassin of Accountants Ike_009's Avatar
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    Quote Originally Posted by HavocXphere View Post
    No necessarily. 99 year land leases are actually quite common around the world.

    I reckon its not a bad idea actually.
    Check out this http://en.wikipedia.org/wiki/99-year_lease
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