La Message Board Archives

Re: Adding to the Tim view

Posted by Jim on September 9, 2012, 9:23 am, in reply to "Adding to the Tim view"


As per esmitty I am on the "well worn path" to the titled land ownership in La Manz. Thus far, it seems to be a logical and relatively transparent process. I do not disagree with the concept, costs, or structure. The only unnerving aspect of the process is the "time" factor. With "time" is risk -- risk of a change of government, risk of a constitutional ammendment, risk of sovereign disputes which could affect the treatment of specific foreign nationals.

There are multiple examples "north of the Rio Grande" where the constitutions of Canada and the USA do not prohibit diffentiations in property ownership rights.

A few examples:
Corporate share structures which grant a certain class of shares to have multiple vote as opposed to the company's common shares.

Convertible debentures where the owner lends money to the company, is given a regularized interest payment and also the "right" to convert his loan into shares at a specific price in the future. (Wasn't that a nice deal for Berkshire Hathaway's involvement in Bank of America).

The province of Prince Edward Island prohibits land holdings of greater than 5 acres or 165 feet of shoreline by nonresident owners.

In 2005 a Chinese national oil company CNOOC attempted takeover of the American oil company Unocal was thwarted -- even though most of Unocal's reserves were outside the USA.

There are many such instances. Often there is a valid rationale for their existence.


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