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Foreign Real Estate Purchase Review
Recent Bills/Foreign Real Estate Purchase Review

Foreign Real Estate Purchase Review

IntroducedN/A
Introduced1 year ago
Intro
Senate
House
Pres
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
More:Recently Introduced BillsDefense and VeteransSenate Bills
Why This Matters

This bill requires the government to review any real estate purchases or leases near military sites made by certain foreign individuals to protect national security.

If you are a foreign investor from Russia, China, Iran, or North Korea, your property purchase near military areas will face extra scrutiny.
Who this affects
foreign investors · specific countries · U.S. military locations
What changes is this bill making?
  1. 1This bill requires a review of real estate purchases near military sites by certain foreign individuals.
  2. 2It specifically targets foreign persons connected to Russia, China, Iran, or North Korea.
  3. 3The review applies to properties within 100 miles of military installations or 50 miles of military airspace.
  4. 4The bill aims to enhance national security by monitoring foreign investments in sensitive areas.
  5. 5It updates existing laws to include these specific real estate transactions for scrutiny.
Read the detailed summary

Protecting Military Installations and Ranges Act of 2025This bill places restrictions on the purchase of certain property by a foreign person (e. g., an individual or entity) who is owned or controlled by, is acting for or on behalf of, or receives subsidies from Russia, China, Iran, or North Korea. Specifically, the Committee on Foreign Investment in the United States (CFIUS) must review a purchase or lease by, or a concession to, any such foreign person of private or public real estate in the United States that is within (1) 100 miles of a military installation; or (2) 50 miles of a military training route, special use airspace, a controlled firing area, or a military operations area. Further, the Department of Defense and the Department of Transportation may not issue final determinations regarding specified projects (e. g., energy projects) that involve a transaction under review by CFIUS until CFIUS concludes its action.

Last changed 2 months ago · checked hourly

Bill Progress1 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedCurrentJan 3, 2025

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors
See all 3 sponsors
Senate
House
President

The President

Donald Trump
President
Awaiting Vote
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