Constitutional and Legislative Guarantees of Foreign Investment in Light of Jordanian Legislation

Nayel Musa Shaker Alomran, Zayed University

Document Type

Article

Source of Publication

Journal of Legal, Ethical and Regulatory Issues

Publication Date

1-1-2019

Abstract

© 2006-2019 Asian Research Publishing Network (ARPN). All rights reserved. Constitutional and legislative protection is one of the most powerful forms of protection that the host country pledges to foreign investors to encourage them to invest their capital. This is one of the main reasons for investors to decide where they will invest. This paper examines factors that fall outside commercial transactions and the expectations of investors that harm their investment in the host country, such as expropriation, nationalisation and confiscation. Such risks turn investor away and jeopardise investment. Constitutional and legal guarantees also strengthen the principle of respect for private property, regardless of the nationality of the owner. These interests are not to be affected except by law and the general interest of the host country in exchange for fair compensation. This paper analyses constitutional and legislative texts as the is one of the main reasons guarantees that protect foreign investment in the Hashemite Kingdom of Jordan.

ISSN

1544-0036

Publisher

Allied Business Academies

Volume

22

Issue

4

First Page

1

Last Page

16

Disciplines

Business

Keywords

Confiscation, Constitutional guarantees, Expropriation, Foreign investment, Legal guarantees, Nationalisation

Scopus ID

85075395415

Indexed in Scopus

yes

Open Access

yes

Open Access Type

Bronze: This publication is openly available on the publisher’s website but without an open license

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