Today, Congressman Mark Alford of Missouri’s 4th District reintroduced the American Land and Property Protection Act. This legislation aims to prevent foreign adversaries from purchasing any real estate in the United States.
The act specifically targets nonresident aliens, foreign businesses, and agents, trustees, or fiduciaries linked with China, Russia, Iran, North Korea, and designated Foreign Terrorist Organizations. These entities would be prohibited from buying land in America.
“Our foreign adversaries have no business owning American land,” stated Congressman Alford. “Unfortunately, we continue to see concerning reports of people associated with China and Russia purchasing U.S. real estate. We need real action to end these transactions once and for all. The American Land and Property is a commonsense step toward protecting the homeland.”
For more details on the legislation, readers are encouraged to access the full text.
