Before the current president of Madagascar took over from the incumbent in 2002, land ownership by foreigners on the island was almost impossible. At an annual investment return of 7.38% there is greater potential for real estate investors to make money if the bureaucratic process involved was to be eased. Poverty is major concern in Madagascar but requirements like $500,000 investment before foreigners are allowed to own land might be what it needs to create opportunities for her people.
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