The new legislation differentiates between Israelis and all other foreign investor, forbidding only Israelis from buying or renting real estate anywhere in the Petra region.
The Jordanian parliament passed a law prohibiting the sale and rent of real estate in the ancient city of Petra to Israeli citizens, following increasing reports of Israelis buying land in the city, the Jordanian daily al-Rai reported Tuesday.
The law differentiates between Israeli and other foreign investors, banning Israelis from renting or buying real estate in the entire Petra region, while allowing others to invest in land located outside Petra Archeological Park. Continue Reading »
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