A Venezuelan rights group, Cedice, has proposed legislation aimed at restoring properties that were previously expropriated and providing compensation to their original owners. The draft law draws inspiration from successful models implemented in Nicaragua, Chile, and Hungary, which involved the return of assets to their rightful owners. Cedice believes this law is a crucial step towards strengthening property rights within Venezuela. The proposal seeks to address grievances stemming from past expropriations and foster economic recovery by clarifying ownership and encouraging investment. Details regarding the specific mechanisms for restitution and compensation are yet to be fully outlined, but the initiative marks a significant development in the ongoing debate over property rights in the country. The proposal was published by EL NACIONAL.