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Foreign Investment Foreign Nationals Exemptions

Hone Maxwell

Texas Restricts Foreign Ownership of Real Estate

Hone Maxwell on

On June 20, 2025, Texas Governor Greg Abbott signed Senate Bill 17 (SB 17) into law, creating restrictions on foreign ownership of real estate in the state. The law takes effect September 1, 2025, and will have significant...more

Bilzin Sumberg

Proposed FIRPTA Changes Would Attract More Foreign Investment In U.S. Real Estate

Bilzin Sumberg on

Non-U.S. taxpayers are generally exempt from U.S. federal income tax on gain from the sale of U.S.-situs capital assets. The one major exception is U.S. real estate. Under the Foreign Investment in U.S. Real Property Tax...more

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