jordan pulse -

Falah Al-Sagheer
Member of the Board of Directors, Amman Chamber of Commerce

New Land and Buildings Bill:
A harsh blow to real estate investment in Jordan — a full-fledged economic crime. Instead of encouraging expatriates to invest in their homeland, the bill pushes them away.

The proposed law transforms property from a safe haven and long-term investment into a burdensome liability, akin to bank loan instalments. It strips land of its value as a source of security for future generations.

Given the current economic conditions, the government and lawmakers should be protecting investment, not destroying it.

The bill disregards retirees, low-income citizens, and even landowners with undeveloped plots.

Rather than reviving the real estate market, it sows fear and confusion — which will inevitably lead to economic stagnation, financial hardship, and potentially security issues.

People won’t buy, expats won’t return, and trust will be lost.

This bill doesn’t need debate — it needs outright rejection before it triggers unbearable consequences.

Let’s not forget the government’s promise during the 2025 budget discussions: no new taxes.