- Jan 7, 2003
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Is this even legal?
The bill (Chapter 2023-33, L.O.F.) generally restricts the issuance of government contracts or economic development incentives to, or real property ownership by, foreign principals, which are certain individuals and entities associated with foreign countries of concern. Foreign countries of concern include the People’s Republic of China, the Russian Federation, the Islamic Republic of Iran, the Democratic People’s Republic of Korea, the Republic of Cuba, the Venezuelan regime of Nicolás Maduro, and the Syrian Arab Republic.
With respect to conveyances of real property in this state, the bill generally:
With respect to conveyances of real property in this state, the bill generally:
- Prohibits foreign principals from owning or acquiring agricultural land in the state.
- Prohibits foreign principals from owning or acquiring any interest in real property within 10 miles of any military installation or critical infrastructure in the state.
- Prohibits China, Chinese Communist Party or other Chinese political party officials or members, Chinese business organizations, and persons domiciled in China, but who are not citizens or lawful permanent residents of the U.S., from purchasing or acquiring any interest in real property in the state.
- Provides limited exceptions from the ownership restrictions for the purchase of one residential property that is not on or within 5 miles of any military installation in the state.
‘Can we move?’ Chinese residents are fearful over new US laws banning property ownership
A Florida law barring certain foreign nationals from buying property has brought confusion, thoughts of moving and protests
www.theguardian.com
That sentiment is echoed by many Chinese residents in the US as laws banning foreign property purchases, most targeting Chinese people, have proliferated around the nation. According to the advocacy group APA Justice, 33 states have proposed or enacted similar bans against ownership of real estate by people of specific national origins. As legislators have revised their bills to address arguments that they are bigoted, some have added exceptions for lawful permanent residents who hold green cards.
On 8 May, Governor Ron DeSantis signed SB 264 into law, a measure that bars almost all property ownership for people or entities from various “countries of concern” including China, Cuba, North Korea and Russia. Under the law, they can’t buy property with some exceptions; individuals who hold a non-tourist visa or have been granted asylum can buy a residence of less than 2 acres (0.8 hectares) if it is at least 5 miles (8km) away from a military base or “critical infrastructure”. The law singles out Chinese people with higher penalties for violation, but it does not apply to those who are naturalized US citizens or who have legal permanent “green card” residency.
On 8 May, Governor Ron DeSantis signed SB 264 into law, a measure that bars almost all property ownership for people or entities from various “countries of concern” including China, Cuba, North Korea and Russia. Under the law, they can’t buy property with some exceptions; individuals who hold a non-tourist visa or have been granted asylum can buy a residence of less than 2 acres (0.8 hectares) if it is at least 5 miles (8km) away from a military base or “critical infrastructure”. The law singles out Chinese people with higher penalties for violation, but it does not apply to those who are naturalized US citizens or who have legal permanent “green card” residency.