SB 17 just passed in the Texas House and is almost on it’s way to Governor Greg Abbott’s desk.
SB 17, as it is currently written and amended, would prohibit citizens from China, Russia, North Korea, and Iran from purchasing land in Texas.
Foreigners petitioned our government for redress of grievances yesterday as the Chinese swarmed the Texas Capitol led by Rep Gene Wu, the Texas Representative from China.
Rep Gene Wu can be seen in the below video yelling that the bill is “racist.”
Here is a list of some of the countries where Americans cannot own land:
1. China: All land is state-owned. Foreigners can lease land for up to 70 years but cannot own it outright.
2. North Korea: Foreign property ownership is entirely prohibited.
3. Vietnam: Land is collectively owned by the people and managed by the state. Foreigners can lease land for up to 50 years but cannot own it.
4. Cambodia: The constitution prohibits foreign ownership of land.
5. Thailand: Foreigners are generally prohibited from owning land but can own condominium units under certain conditions.
6. Indonesia: Foreigners cannot own freehold land but may acquire leasehold rights under specific titles.
7. Philippines: Foreigners are barred from owning land but can own condominium units, provided foreign ownership in a building does not exceed 40%.
8. Laos: Land ownership is restricted to Lao citizens. Foreigners may lease land for up to 30 years.
9. Myanmar (Burma): Foreigners cannot own land but may obtain long-term leases with government approval.
10. Sri Lanka: Foreigners are prohibited from owning land but can lease it for up to 99 years, subject to taxes.
11. Mongolia: Only Mongolian citizens can own land. Foreigners may lease land.
12. Maldives: Foreigners cannot own land but may lease it for up to 99 years.
13. Belarus: Foreign citizens cannot own land; they are permitted to lease it.
14. Kazakhstan: Foreigners are banned from owning or leasing agricultural land.
15. Georgia: Foreigners are prohibited from owning agricultural land.
16. Israel: Approximately 93% of land is state-owned. Foreigners can lease land but face restrictions on ownership.
17. Saudi Arabia: Foreigners may own one property with restrictions; ownership in Mecca and Medina is prohibited.
18. Switzerland: Foreigners face strict regulations and quotas on property purchases, varying by region.
19. Denmark: Non-EU citizens must obtain permission to purchase property and are generally restricted from owning second homes.
20. New Zealand: A 2018 law bans most non-resident foreigners from buying existing homes, with exceptions for Australians and Singaporeans.
21. Austria: Foreigners face restrictions on property purchases, especially in certain provinces.
22. Hungary: Non-EU citizens require a permit to buy property, and some areas have additional restrictions.
23. Poland: Non-EU citizens must obtain a permit from the Ministry of Interior to purchase property.
24. Mexico: Foreigners cannot directly own property within 50 km of the coast or 100 km of international borders but can acquire rights through a bank trust (fideicomiso).
25. Canada: As of January 1, 2023, a two-year ban prohibits non-resident foreigners from purchasing residential property, with certain exemptions.
26. Nigeria: Land cannot be owned as private property by foreigners or citizens. Instead, foreigners can apply for a lease and receive a certificate of occupancy.
Have a great day!
Every country on this list should be included. Why does America always have to get screwed?
NO foreign country should be allowed to own American land!