Bill limiting foreign acquisition of land passes
Proposed legislation that would limit foreign parties@@@ rights to buy real estate in Israel passed a first vote in Knesset unanimously on Wednesday.The bill was proposed by MKs Shai Nachman, Shelly Yachimovitch, Uri Orbach and Yariv Levin with the government@@@s support.The proposed legislation calls for any foreign acquisition of land to be approved by the Housing Minister after consultation with the Defense Minister and the Foreign Minister.Nachman stated in a Wednesday press release that "this is a Zionist bill that ensures there will be no enemy use of the nation@@@s lands that were given to us by previous generations and will be preserved for future generations."ByREUTERS06/08/2025 07:57 AMByREUTERS06/08/2025 05:36 AMByMAARIV06/07/2025 02:33 PMByWALLA!06/07/2025 11:18 AMByREUTERS06/07/2025 03:25 AM