Title Law n° 24 of 2002 on the lease and sale of real estates to non-Jordanians
 

Date of adoption

 

 

2002

 

Entry into force

 

 

 

Text versions Arabic

 

Official source: Official Journal No. 4547 of 16 May 2002

Abstract
 

Law n° 24 of 2002 on the lease and sale of real estates to non-Jordanians (OJ n°4547, 16/05/2002)

Foreigners are permitted to lease or purchase real estate for residential purposes upon the authorization of The Director of Land and Survey, or the Minister of Finance, or the Council of Ministers, depending on the size of the real estate. This is conditional upon the application of the reciprocity principle by their States; however, Arab nationals are exempted from the reciprocity principle condition.

 

Special treatment is accorded to diplomatic missions and international organizations accredited by the Kingdom.

 

The Council of Ministers may permit the holders of documents or temporary passports to lease or purchase real estates, upon a recommendation of the Minister of Finance and based on a recommendation from the Minister of Interior.

 

Arab nationals may also lease or purchase land in non-residential areas, for the purpose of investment, if they fulfill certain conditions, and if they obtain the approval of the Minister of Finance or the Council of Ministers and depending on the size of the land.

 

A non-Jordanian may sell his real estate to a Jordanian upon the fulfillment of certain conditions. He is not permitted to sell his residential real estate before three years from the date of his purchase and before the passing of five years if it is for other purposes. However, there are exemptions from this rule.

 

The law is not applicable to different situations, especially those which are deemed beneficial for Jordanian economy and in particular in the Jordan Valley, Aqaba Industrial Zone, and Petra regions.