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SECURITY > Okinawa

Okinawa worried about GOJ plan to regulate foreign purchase of land around bases

  • March 6, 2021
  • , Ryukyu Shimpo
  • JMH Summary

Saturday’s Ryukyu Shimpo reported extensively on a GOJ plan to enact a new law aimed at limiting acquisition by foreign capital of real estate near nuclear power plants, military installations, and other facilities with national security implications, saying that Okinawa’s business transactions may be affected adversely since the island prefecture hosts a large number of U.S., SDF, and Japan Coast Guard facilities. As areas within a 1-km radius of such facilities will be designated under the planned legislation as “watch zones,” where public authorities are allowed to investigate the use of land and buildings with the goal of preventing the foreign purchase of such assets, the daily projected that many residential and business districts bordering Kadena AB, MCAS Futenma, and other U.S. installations may be subject to such restrictions because they are situated in city centers. The article voiced concern that commercial transactions involving local real estate may be curtailed substantially as a result of the concentration of U.S. bases.

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