The Law of Rent and Sale of Immovable Properties No. 40 of 1953 restricts the onwership of land by non-Jordanians, non-Palestinians or non-Arab nationality. The lease of land and iimovable property over 3 years required approval from the Council of Ministers. Foreign ownership of land and immovable property is allowed under limited circumstances, namely for business or residential purposes within Municipalities. Foreign ownership of agricultural land is not allowed since the law became effective. The employed nationality terminology is not clearly defined in the legislation. The Companies Law No 2 of 1964 specifically provides for the registration of companies with foreign ownership, either as a branch of the foreign company or incorporated in the territory. For the purposes of the OECD FDIRRI, it is assumed that foreign companies are those in which part of the voting rights are held by foreign investors (legal persons incorporated outside the Palestine Authority). It is, therefore, assumed that real estate investments are allowed only to Palestinian-owned firms. Any preferential treatment to Jordanian or Arab-owned firms is not considered. According to the Palestinian Authorities, the ban on foreign ownership extends to all immovable property, not only agricultural land. 
"Article 1 - Designation and access 
This law (the Law on the Rent and Sale of Immovable Property from Foreigners of 1953) is called and shall come into force one month after its publication in the Official Gazette. 
Article 2 - Restrictions on non-Palestian rental of immovable property 
Every non-Palestinian person (natural or legal) who wants to rent immovable property must obtain permission from the Council of Ministers for this purpose, and the permission granted to the tenant is not limited to a period of time.
Article No. (2) bis - Non-Palestinian lease contracts 
Non-Palestinian lease contracts that exceed three years without permission from the Council of Ministers are valid if the Council approves them, unless a definite ruling has been issued to annul the contract.
Article 3 - Conditions for non-Palestinian ownership of immovable property 
(A) Any person other than a Jordanian [other than a Palestinian] may possess immovable property in the Hashemite Kingdom of Jordan [Palestine Authority], a condition that is owned only:
1. In the land located within the municipal areas or in areas of the organization or country basins enough to manage his residence and not trafficking.
2- In the agricultural lands, on the lands on which he used to dispose of or transferred the rights to dispose thereof before the effective date of this law.
3- In the lands that fall within the area of ​​the Eastern Ghour Canal project on the area permitted by the Law of the Eastern Ghour Canal, if it is resident from the old in that region.
4- To undertake to be subject to the laws in force in the Hashemite Kingdom of Jordan.
(B) The Council of Ministers decides to approve the matters mentioned in Paragraph (A) of this Article upon the recommendation of the Director of Lands and Survey or the authority of the Eastern Ghour Canal, each according to his jurisdiction. [...] (Law of Rent and Sale of Immovable  Property of Foreigners Law No. 40 of 1953, as amended [google translation])
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"Article II - Doing Business 
With the exception of persons, commercial houses and companies located in eastern Jordan and taking up their duties therein, no foreign persons, commercial houses, foreign companies, foreign commercial houses, and Jordanian companies, whose founders or foreign directors are to be employed in East Jordan Whether in particular or through mediation, unless it receives written approval from the Prime Minister and the President may revoke such approval.
Article III - Foreign persons and foreign commercial houses 
The foreign companies, foreign commercial houses, foreign companies, commercial houses, and Jordanian companies, one of whose founders or foreign managers, are located in eastern Jordan after the enactment of the Defense Law for Eastern Jordan in 1935, and when the implementation of this system is in the hands of the Prime Minister, To cancel the ruling of this approval and then stand those people and those houses and companies from the abuse of work in eastern Jordan.[...]" (The Foreign Business Control Law No. (804) of 1948 [google translation])
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"Article(3/b) of foreign business control regulation NO(51) OF THE YEAR 1978 stipulated that the total value of the contribution of a foreigner at any time shall not exceed 49%of the capital except industrial and tourist companies and services related to tourism and banking." [Palestine Authority answers to the OECD FDI Regulatory Restrictiveness Questionnaire [not publicly available]]
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"Companies Registration Department
The Companies Registration Department is operating under the Jordanian Law of Companies No. 12 of 1964.
Registration of Companies
Following are the procedures applicable for the registration of companies by type of company:
1. Public and Private Shareholding Companies: [...]
2.Ordinary Companies [...]
3. Foreign Shareholding Companies and Ordinary Companies [...]" (Ministry of National Economy, Palestine Authority, website)
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"Jordanian Law of Companies No. 12 of 1964
Part I [..]
Chapter VI - Ordinary foreign company
Article 38. Registration of foreign companies 
1- No ordinary company established outside the Kingdom and not registered therein shall, until now, be engaged in its business in the Kingdom unless it is registered in the register of companies and the foreign company shall submit to the Controller a statement signed before it or by the notary public authorized to sign it
[...]
Part II [...]
Chapter XII - Foreign Shareholding Companies
Article 219. Requirement of registration 
(A) No foreign joint stock company or foreign entity engaged in business shall engage in any business in the Kingdom unless it is registered under the provisions of this Law. 
(B) Any violation of the provisions of this article shall expose the Company to a fine not exceeding JD (250).
[...]
Article 220. Application for Registration 
The application for registration shall be submitted to the Controller with the following data and documents: 
(1) A certified copy of its Memorandum of Association, its Bylaws, or any other document,  (2) Any evidence attesting to obtaining the approval of the competent authorities in the Kingdom for the exercise of the work and investment of foreign capital therein under any Jordanian laws, regulations and instructions.
[...]
Article 221. Minister's authority to accept or refuse to register 
The Controller shall submit to the Minister the application for registration of the foreign company with the documents and other statements accompanied by his opinion. The Minister may accept or refuse to register the said company. [...]"(Companies Law [No. 12] of 1964 [google translation])
Law of Rent and Sale of Immovable  Property of Foreigners Law No. 40 of 1953, as amended [google translation]
The Foreign Workers Control Law No. (804) of 1948 [google translation]
Ministry of National Economy, Company Restriction, website.
Companies Law [No. 12] of 1964 [google translation]
[<a href="http://muqtafi.birzeit.edu/legislation/getLegPart.aspx?pid=A07518_4#A07518_4">Law</a>],[<a href="http://muqtafi.birzeit.edu/Legislation/GetLegFT.aspx?LegPath=1948&MID=2449">Law</a>],[<a href="http://www.mne.gov.ps/compreg.aspx?lng=1&tabindex=100">Website</a>],[<a href="http://muqtafi.birzeit.edu/legislation/GetLegFT.aspx?lnk=2&LegPath=1964&MID=1812">Law</a>]