Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

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

Author(s): Nayel Musa Shaker Alomran

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.