ANNOUNCEMENT 14 Jan 2013
In January 2013, the government of Benin announced changed rules for foreign investors.NUMBER OF INTERVENTIONS
1
On January 14, 2013, the national assembly of Benin adopted the new Land Code (Law No. 2013-01) which prohibits land ownership by foreign entities. From now on, foreigners are only allowed to enter into long-term leases (max. 50 years, non-extendable) for a maximum of 1000 hectares per investor.
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