GCC nationals could be forced to construct on plots of land they own in Bahrain within five years or have them sold to locals.
MPs voted on proposed amendments to the 1999 GCC Nationals Property Ownership Law and referred it to the Cabinet to be drawn up as a proper law within six months.
However, the government has asked for a rethink on the amendment which it said would harm investment in Bahrain since compiling funding for major projects in addition to obtaining permits would take time.
During yesterday’s parliament session MPs rejected a proposal to establish a fund to support small Bahraini enterprises.
A vote on having the government form its own agency to bring in housemaids has been postponed for two weeks with the services committee recommending a rejection.
MPs also postponed, for two weeks, proposed amendments to the 1975 Passports Law, which would see those defacing the Bahraini passport with stickers, slogans, marks or unauthorised stamps punished with a fine ranging between BD50 and BD400.
During debate, MPs said the punishment was unfair since the holder of the passport in most cases was not responsible for damages that may either occur from marks by tour operators or certain ministries and government bodies.