Foreign ownership: During the campaigns for and against the proposed constitution, provisions in land emerged as a contentious issue. All foreigners with land leases of 999 years automatically convert to 99 year leases.
The new constitution indicates under the existing land holdings and agreements relating to natural resources that on the effective date, any freehold interest in land in Kenya held by a person who is not a citizen shall revert to the Republic of Kenya to be held on behalf of the people of Kenya, and the State shall grant to the person a ninety-nine year lease at a peppercorn rent.
The constitution further states that any other interest in land in Kenya greater than a 99 year lease held by a person who is not a citizen shall be converted to a ninety-nine year lease.
-- Saturday Nation
Kenya New Constitution - 999-year land lease down to 99 years
Posted on
08 August, 2010
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