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Property Ownership Foreign Nationals

Polsinelli

Texas Tightens Real Property Ownership Rules for Foreign Nationals with SB 17

Polsinelli on

Key Takeaways - Texas passed SB 17, which prohibits certain foreign nationals, including foreign governments, foreign-owned businesses and individuals from certain countries from purchasing or acquiring real property in...more

BCLP

Real Estate Ownership by Non-Saudis - Law Now Published

BCLP on

Following our earlier note on 8 July, Saudi Arabia has now published the Law on Real Estate Ownership by Non-Saudis (the New Law). It will come into force in January 2026 and will repeal the earlier Law on Real Estate...more

Womble Bond Dickinson

Non-U.S. Citizens and Foreign Adversaries: Proposed South Carolina Legislation With Potential to Significantly Impact Foreign...

Womble Bond Dickinson on

A bill pending in the South Carolina House of Representatives proposes to significantly restrict land ownership in the state by certain foreign citizens or companies controlled by nations deemed adverse to U.S. security...more

McDermott Will & Schulte

Florida Passes Law Restricting Foreign Ownership of Real Estate

The Florida Legislature recently passed Senate Bill 264 (SB 264), which Governor Ron DeSantis signed into law on May 8, 2023. SB 264 notably presents several new restrictions on persons or entities from certain foreign...more

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