Ron DeSantis Announced the Launch of SecureFlorida for Property Registration for Investors From Countries of Concern

On Monday, Gov. Ron DeSantis announced the launch of the SecureFlorida Portal, where foreign principals from foreign countries of concern must register property as required by a new law.

DeSantis signed the law in May as part of what his office described as the “strongest legislation in the nation counteracting the malign influence of the People’s Republic of China and other countries of concern.”

“Section 692.204 limits the ability of individuals and businesses affiliated with the People’s Republic of China or the Chinese Communist Party to acquire real property in Florida and requires the registration of all real property owned within the state. Under section 692.203, foreign principals from other countries of concern may acquire property located within 10 miles of a military installation or critical infrastructure facility only under limited circumstances and must register such property with FloridaCommerce,” the governor’s office noted.