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Thursday, December 26, 2024
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    HomeBusinessHouse passes bill allowing foreigners 99-year leases

    House passes bill allowing foreigners 99-year leases

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    THE House of Representatives on Tuesday approved on third and final reading its version of a measure setting the maximum length of land leases for foreigners at 99 years from 75 previously, with the bill touted as a means of attracting more foreign investment.

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