Your Advocate
This week Your Advocate is Barrister Tanjib-ul Alam Advocate, Supreme Court of Bangladesh. He is the head of the chamber of a renowned law firm, namely, 'Tanjib-ul Alam and Associates ',which has expertise mainly in commercial law, corporate law, admiralty, employment and labor law, land law, banking law, constitutional law, telecom law, energy law, Alternative Dispute Resolution, Intellectual Property Rights and in conducting litigations before courts of different hierarchies.
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Query
Can a foreign national buy and lease land in Bangladesh?
What are the consequences, when someone has dual citizenship?
Or someone who inherited something from his great grand parents?
Anonymous
Response
Thank you for your question. With regard to your first query, whether a foreign national can buy and lease land in Bangladesh, there is no straight forward answer to this question. As you may be aware that there are myriad categories of land all over the country, ownership, alienation rights, right to create encumbrance and exercising other form of property rights of which will depend on the nature of the land.
For example, if a foreign national wishes to purchase a plot of land from RAJUK owned land, it will not be possible to do so as the RAJUK has imposed a restriction against selling its property to any foreign national. On the other hand, there is no restriction under the Transfer of Property Act or the Registration Act in selling or registering any land in favour of a foreign national. Therefore, it can be safely said that unless there is specific restriction applicable for a particular category of land, the laws of Bangladesh do not prohibit acquisition of land property by foreign nationals.
With regard to your second query is concerned, it is not clear what you meant by "the consequence" of having dual citizenship. As far as the laws of Bangladesh is concerned, dual citizenship is allowed only for certain specified countries such as Europe and North America. If a person acquires citizen of another country which is eligible for dual citizenship, such person shall be enjoy all rights and privileges as any other citizen of Bangladesh. Therefore, if such a dual citizen inherits any property from his great grandfather, he will be treated at par with any other citizen of Bangladesh.
For detailed query contact: info@tanjibalam.com.
