Bill > HR3618

This bill aims to prohibit certain foreign nationals and entities from purchasing real estate in the United States, specifically targeting nationals and governments of countries considered foreign adversaries. Under the bill, the President would be required to take actions preventing nonresident aliens, foreign businesses, and agents or representatives associated with the governments of China, Russia, North Korea, Iran, and other designated foreign adversaries from buying public or private property in the U.S. The bill defines "foreign adversaries" to include not only the named countries but also Cuba, Venezuela (specifically Nicolás Maduro), and organizations designated as foreign terrorist organizations by the Secretary of State. The definition of "United States" is broad, encompassing all states, territories, and possessions, including Puerto Rico, Northern Mariana Islands, American Samoa, Guam, and the U.S. Virgin Islands. The legislation is intended to limit foreign governments' ability to acquire real estate within U.S. borders, potentially as a national security measure to prevent strategic land acquisitions by countries perceived as geopolitical rivals.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/3618/all-info