Problem
Alienation of land through acquisition by foreigners
Nature:
In countries with areas of great natural beauty, beaches, a pleasant climate, or a pleasant local culture, land or buildings may be purchased by foreigners. These acquisitions may then be exploited in a manner which prevents residents of the country from deriving benefit from them.
Incidence:
Examples include: purchase of land on the shores of Lake Muskoka in Canada by American citizens, denying access of locals to the lake; purchase of high country land in New Zealand by US nationals, together with fishing and shooting rights. Some 3% of Swiss real estate is owned by foreigners.
Broader Problems:
Land misuseForeign ownershipAbsentee ownershipLimited available landForeign control of natural resources Related Problems:
EcotourismSocial environmental degradation from recreation and tourismNatural environmental degradation from recreation and tourism Subject(s):
Commerce → Land ownershipCommerce → Purchasing, supplying
Geography → Land type/use
Society → Disadvantaged
Society → Foreigners
Related UN Sustainable Development Goals:
Problem Type:
E: Emanations of other problems Date of last update
04.10.2020 – 22:48 CEST