If I own land in a foreign country on which a house is currently being built which will be rented out, is there any Zakat to be paid currently?

Q: If I own land in a foreign country on which a house is currently being built which will be rented out, is there any Zakat to be paid currently?

الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب

A: There is no Zakat payable on the land.