A push from state lawmakers to restrict people from China, Iran, Russia or North Korea...
Rep. Gene Wu, a Democrat, speaks out against SB 147, which would bar governments, businesses or citizens of China, Iran, Russia and North Korea from buying land in Texas. It’s hard to see what purpose such a ban would serve.At the outset of the 2023 Texas Legislature, two bills were introduced in the Senate that ostensibly promise to somehow protect Texas from Chinese, Iranians, Russians or North Koreans purchasing or owning land.
Texas isn’t one of them. In fact, Texas has no law prohibiting foreign ownership of real and personal property. SB 147 and SB 552 would change that. In particular, while SB 147 only applies to future real property purchases in Texas, the bill’s current language would appear to prohibit, for example, a Chinese or Iranian citizen possessing a work visa or green card and waiting to become a U.S. citizen from purchasing land or real estate until they are naturalized.
Texas’ property laws don’t delineate between citizens and noncitizens regarding ownership. Texas prides itself on sacrifice, hard work, opportunity and economic growth. How are these values served by denying land or property ownership to immigrants and their families from China, Iran, North Korea or Russia?
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