Florida Bill Prevents China from Buying-Up Land

Last year, the Florida Legislature passed a law banning foreign investors from specific countries from purchasing land that is agricultural or near critical infrastructure like military bases. The law singled out Chinese investors and put a broader ban on real estate purchases for them.

Florida is one of the first states to restrict real estate sales for Chinese citizens.

This year, the legislature is looking at tweaking some of the legislation that was passed in 2023. Senate Bill 814 would tighten restrictions on Chinese land buying in Florida while maintaining the state’s edge in economic development over other states like Texas.