{"id":125620,"date":"2022-03-24T00:49:07","date_gmt":"2022-03-23T17:49:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-ownership-of-uk-property-must-be-restricted-urgently-letter\/"},"modified":"2022-03-24T01:08:47","modified_gmt":"2022-03-23T18:08:47","slug":"foreign-ownership-of-uk-property-must-be-restricted-urgently-letter","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-ownership-of-uk-property-must-be-restricted-urgently-letter\/","title":{"rendered":"Foreign ownership of UK property must be restricted urgently | Letter"},"content":{"rendered":"


\nAnne Rothschild says the unchecked purchase of homes by overseas investors has helped to drive prices to ridiculous levelsCongratulations to the Guardian and its partners for the asset-tracking project ($17bn of global assets linked to 35 Russians with alleged ties to Putin, 21 March). Let us hope that the whole grubby episode of golden visas for the global rich, only recently stopped, will serve as an object lesson to British governments of every hue.We should begin future-proofing as far as we can. It has been clear for years that foreign ownership of UK property and land must be restricted. Any involvement by offshore trusts should be banned. These restrictions would help prevent, or limit, situations like the present one. More importantly, with a housing shortage that affects large numbers of us, such restrictions would help constrain increasingly ridiculous property prices. In 2018, as part of a policy to curb rocketing house prices, New Zealand banned the sale of homes to many foreign purchasers. Increasingly, countries in Europe and beyond are restricting foreign property and\/or land ownership in the interests of their citizens. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Foreign ownership of UK property must be restricted urgently | Letter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Anne Rothschild says the unchecked purchase of homes by overseas investors has helped to drive...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-125620","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wG8","jetpack-related-posts":[{"id":83385,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ministers-vow-to-end-secrecy-around-foreign-ownership-of-uk-property\/","url_meta":{"origin":125620,"position":0},"title":"Ministers vow to end secrecy around foreign ownership of UK property","date":"March 22, 2018","format":false,"excerpt":"\r Government confirms plans to crack down on use of shell companies to \u2018launder dirty money by buying up prime real estate\u2019Frontmen of foreign shell companies that are used to hide the true ownership of some of London\u2019s most expensive properties could face up to two years in jail and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dar-global-expands-19-billion-saudi-pipeline-ahead-of-2026-foreign-property-ownership-reforms\/","url_meta":{"origin":125620,"position":1},"title":"Dar Global expands $19 billion Saudi pipeline ahead of 2026 foreign property ownership reforms","date":"November 3, 2025","format":false,"excerpt":"\r The London-listed developer is scaling up in Saudi Arabia ahead of landmark reforms that will allow foreigners to buy property from January 2026 The post Dar Global expands $19 billion Saudi pipeline ahead of 2026 foreign property ownership reforms appeared first on Arabian Business: Latest News on the Middle\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/11\/Trump-Tower-Jeddah-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":77046,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/may-to-set-timetable-to-reveal-foreign-owners-of-uk-property\/","url_meta":{"origin":125620,"position":2},"title":"May to set timetable to reveal foreign owners of UK property","date":"January 17, 2018","format":false,"excerpt":"\r PM faced Lords defeat after Tory peers pushed for register of beneficial ownersTheresa May will set out a timetable to break the secrecy surrounding the foreign ownership of British property worth billions after facing a House of Lords defeat at the hands of two Conservative peers. Lord Faulks, a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/if-the-government-thinks-uk-property-ownership-is-now-transparent-its-sadly-mistaken-oliver-bullough\/","url_meta":{"origin":125620,"position":3},"title":"If the government thinks UK property ownership is now transparent, it\u2019s sadly mistaken | Oliver Bullough","date":"February 3, 2023","format":false,"excerpt":"\r A legal loophole means the identities of many foreign individuals \u2013 as opposed to companies \u2013 owning property in Britain are still unknown to the publicWhen Vladimir Putin launched all-out war on Ukraine a year ago, the British government realised that letting Russian oligarchs buy large chunks of west\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108578,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/italy-woos-wealthy-global-investors-with-resident-scheme-that-caps-tax-on-global-income-at-e100000-abandons-property-ownership-requirement\/","url_meta":{"origin":125620,"position":4},"title":"Italy woos wealthy global investors with resident scheme that caps tax on global income at \u20ac100,000, abandons property ownership requirement","date":"June 30, 2019","format":false,"excerpt":"\r Italy\u2019s new residency programme designed to attract wealthy foreign investors without exposing them to progressive income tax on global earnings is expected to draw an increasing number of applications this year, as awareness of the scheme, and the benefits of owning or renting central European property become more widely\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89310,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-the-uaes-new-visa-and-ownership-laws-will-benefit-start-ups-and-multinationals-alike\/","url_meta":{"origin":125620,"position":5},"title":"Why the UAE's new visa and ownership laws will benefit start-ups and multinationals alike","date":"May 24, 2018","format":false,"excerpt":"\r Opinion: UAE government continues to work to find new ways of boosting the local economy, bringing in foreign direct investment, and encouraging global companies to come and set up shop here, writes Ahmed Alkhoshaibi, CEO of developer ARADA\r \r Source : arabianbusiness.com\r Read more...Why the UAE's new visa and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125620"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=125620"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125620\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}