China BANNED From Investing in Florida Real Estate?

Florida lawmakers are advancing controversial House Bill 1355, which would ban Chinese nationals from purchasing real estate anywhere in the state. Chinese businesses and people who live in China and aren’t U.S. citizens or residents and who currently own real estate in Florida would not be able to buy additional property after July 1, if the bill becomes law as it is currently written. 

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Articles Mentioned in the Video
https://www.nbcmiami.com/news/local/bill-that-could-lead-to-monthly-renter-fees-passes-in-florida-house/3019204/
https://therealdeal.com/miami/2023/04/21/florida-bill-restricting-foreign-real-estate-purchases-a-slippery-slope-brokers-say/?tpcc=elert-sf&utm_source=Sailthru&utm_medium=email&utm_campaign=SoFlo%20Daily%20%7C%2004.22.2023%20DW&utm_term=South%20Florida%20Daily
https://www.floridarealtors.org/sites/default/files/2023-04/March-2023-Fla-single-family-summary.pdf

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