SB 264, which took effect last July and was passed by Florida Gov. Ron DeSantis, is about to hit a deadline that, if not met, could result in hefty fines for those who don’t complete one of the procedures set forth in the law. He. She.
December 31, 2023 will be the last day that foreigners from seven countries will be able to register properties they acquired in the state before July 1, because after that date they are prohibited from making purchases in the state. This applies to citizens of China, Cuba, Venezuela, Russia, Syria, North Korea and Iran.
SB 264, or “Foreign State Interests,” is the 15th statewide bill passed in 2023 with a focus on such regulations. When signing it, DeSantis said he did not want the Chinese Communist Party (CCP) in Florida, because it should remain a free state, because according to the Republican, the CCP is making efforts to acquire farmland across the country.
The law stipulates that Chinese citizens will not be able to buy land anywhere in the state. While those coming from the other six countries will not be able to buy lands designated for agriculture, nor those close to vital infrastructure, such as airports, military installations, and electric power stations.
Who is excluded from this law?
Univision Orlando News consulted with immigration attorney Sheila Rodriguez about SB 264, which explained that citizens of these countries would have exceptions to obtain properties, such as those designated for residential purposes, remote areas, and facilities deemed critical. They will also be asked to sign an affidavit stating that they are not subject to this law.
But all those who bought before July 1 must register their belongings, except Cubans, Venezuelans, Russians, Chinese, North Koreans, Iranians and Syrians, who have US citizenship, a green card, the TPS process or have already won their asylum case.
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