Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Thursday, October 1
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»National security or xenophobia? Texas restricts Chinese owning and renting property
    Property

    National security or xenophobia? Texas restricts Chinese owning and renting property

    August 28, 20252 Mins Read


    SB 17 was proposed earlier this year and signed into law on 20 June by Governor Greg Abbott, who called it the “toughest ban in America” to keep away foreign “adversaries”.

    It prohibits certain individuals and organisations of countries designated as national security threats from acquiring property in Texas – including homes, commercial space and agricultural land. It also restricts the length of time for which they can rent property to less than one year.

    China is the first country named in the legislation, which accuses Beijing of using “coercive, subversive, and malignant influence activities to weaken the United States” in its bid to surpass the US economically, militarily and politically.

    Those who violate the law could face fines of more than $250,000 (£193,000) or jail terms.

    US citizens and green card holders are exempt, and valid visa-holders will still be allowed to own one primary residence. But opponents say regardless of the carve-outs, the bill is discriminatory in nature, and anyone deemed to look Chinese could be subject to unfair scrutiny.

    In July, the Chinese American Legal Defense Alliance (Calda), a non-profit organisation, filed a lawsuit on behalf of three visa-holders from China, arguing that the law was unconstitutional.

    The judge later dismissed the case, siding with the state attorney general who said the plaintiffs – who are student-visa and work-visa holders living in Texas – would not be personally affected by the law.

    It therefore appears that the three plaintiffs are spared for now. But, for the wider group of visa-holders from the four countries, the lack of clear interpretation of the legal clauses still stokes uncertainty. Calda says it has filed an appeal.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBitcoin Price ‘Too Low’ as Volatility Dips, Institutional Interest Rises: JP Morgan
    Next Article Interpol cracks down on illegal bitcoin miners and cyber crooks across Africa

    Related Posts

    Property

    Knights and Dains help Swedish group Audria crack the UK property market

    September 30, 2026
    Property

    Property transactions fell by 1% in August: HMRC – Mortgage Strategy

    September 30, 2026
    Property

    Osborne Clarke advises Audria on acquisition of Tandem Property Asset Management

    September 29, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    MSCI Won’t Exclude Bitcoin Treasury Firms Like Strategy From Global Indexes

    January 6, 2026
    Finance

    The AI maturity model for audit and finance: Your step-by-step path to meaningful AI adoption

    March 5, 2026
    Stock Market

    What structural challenges and market risks are small and mid caps facing?

    March 6, 2025
    What's Hot

    Les fonds de bitcoin de Bitcoin, basés aux États-Unis (ETF), ont enregistré un afflux net pour le 15e jour consécutif! Voici les détails

    July 2, 2025

    Housing market: China unveils sweeping measures to rescue its crisis-hit property sector

    May 17, 2024

    Trump to raise global tariff rate to 15% after Supreme Court ruling By Investing.com

    February 21, 2026
    Most Popular

    Le prix du Bitcoin augmente vers 110 000 $ – va-t-il enfin coller l’atterrissage?

    July 3, 2025

    GBP/USD Tests Whether 1.33 Is a Base or a Breakdown Signal

    May 20, 2026

    La Niña’s Likely Return Will Undo Some of Past Year’s Crop Havoc – BNN Bloomberg

    July 29, 2024
    Editor's Picks

    Bitcoin may appear alongside gold on central bank balance sheets: Deutsche Bank

    September 22, 2025

    Les altcoins prêts à rallier alors que la dominance de Bitcoin diminue

    April 15, 2025

    Bitcoin Failure At $90K Driven By Reduced Fed Rate Cut Odds

    December 19, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.