Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»Green Card holders may be barred from buying property in Ohio USA – Investing Abroad News
    Property

    Green Card holders may be barred from buying property in Ohio USA – Investing Abroad News

    June 3, 20253 Mins Read


    US green cardholders may be prohibited from buying land and owning properties in some parts of Ohio. Legislators in Ohio are debating a bill that would forbid foreign nationals and some green card holders from buying land in sizable areas of the state, reports Newsweek.

    This legislation proposes limiting foreign entities’ purchases of certain properties, notably agricultural land and land within 25 miles of military sites and essential infrastructure facilities. The bill is part of a larger national effort to address concerns about foreign land ownership and national security.

    Representative Angela King, one of the bill’s sponsors, told Newsweek that if a currently green card holder owns a property, they are grandfathered in; however, they could not purchase new property within the bill’s outlined 25-mile radius.”

    A green card or the Permanent Resident Card is proof of your permanent resident status in the United States. It also serves as a valid identification document and proof that you are eligible to live and work in the United States.

    Under House Bill 1 and Senate Bill 88, the proposed ban would apply to both companies and certain non-citizens (such as lawful permanent residents) hailing from countries defined as adversarial.

    In line with Florida and Texas initiatives, the law is one of the most comprehensive state-level attempts to limit foreign investment in U.S. real estate. The law may have significant effects on hiring and investment for American colleges, research facilities, and companies that depend on foreign expertise.

    Under President Donald Trump’s administration and his immigration crackdown, green card holders—legal permanent residents of the United States—have faced more uncertainty. There have been stories of some being detained at airports or at immigration inspections, and others perhaps facing deportation.

    House Bill 1, which was introduced by Representatives King and Roy Klopfenstein, aims to restrict who is eligible to buy land in the Buckeye State. Rentals will not be governed by it.

    King stated to Newsweek that “this is about protecting our obligation to keep our power stations, water treatment plants, and gas lines safe from surveillance and espionage.” In order to achieve this, it forbids noncitizens of “foreign adversaries,” such as China, Russia, and Iran, from acquiring property within 25 miles of “critical infrastructure.”

    A wide variety of facilities, such as power plants, transit hubs, and military stations, are referred to by this general phrase. Few Ohio locations would still be available for these transactions due to the measure’s wide reach and stringent distance restrictions.

    Citizens of the United States or dual citizens are excluded from the bill’s prohibition. Affected persons would have to sell and give up their property within two years, according to the Senate equivalent bill. If the legislation passes, individuals subject to the prohibition would be required to sell restricted property within two years.

    The regulations in Ohio are comparable to those in Florida and Texas, where prohibitions on foreign enemy property have sparked legal disputes and national discussion.

    Ohio Realtors said in a May 20 statement on its website: “The bill is part of a broader national push to address concerns about foreign land ownership tied to national security. However, as currently written, the legislation would create sweeping limitations that affect far more than high-risk transactions, including everyday residential purchases.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    How to navigate a costly real estate market | News, Sports, Jobs

    Property

    Here’s How The Biggest Players Moved The Commercial Real Estate Market In 2025

    Property

    Property tech firm extends footprint with takeover

    Property

    What It Is and How It Works

    Property

    How the Saks Global bankruptcy could affect restaurant real estate

    Property

    interest rates spell optimism for investors

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Your Money Minute: Crypto Summer

    ROYC Acts as the Structuring and Financial Technology Partner for Riverside for European Wealth Access Fund

    Investments

    Garber Will Not Review Harvard’s Investments for Ties to Human Rights Violations | News

    Editors Picks

    McPhy Energy annonce l’ouverture d’une procédure de redressement judiciaire par le Tribunal de commerce de Belfort

    June 6, 2025

    Urbint raises $35M to boost storm response tech for utilities facing relentless hurricane season

    October 25, 2024

    U.S. Senate hopeful Bernie Moreno praises crypto in campaign stop as industry floods Ohio with ads

    October 28, 2024

    Cheapest Cryptocurrency with 16x potential? Analysts hint at a token still under $0.04 better than PEPE and SHIB

    August 18, 2025
    What's Hot

    Poly Property annonce un dividende final de 0,021 HK$ par action -Le 20 mars 2025 à 09:25

    March 20, 2025

    Silver surges past $95 to fresh all-time high as geopolitical tensions fuel 30% year-to-date rally

    January 20, 2026

    5 Low P/E Stocks Trading Below Book Value And Paying Dividends

    August 30, 2025
    Our Picks

    Bitcoin Jumps on Calls to Integrate Crypto Into US Asset Arsenal

    July 29, 2024

    Funding The Foundation Of India’s Fintech Future

    September 1, 2025

    Yango Group lance un fonds de 20 millions $ pour les start-up en Afrique et au Moyen-Orient

    March 20, 2025
    Weekly Top

    XAU/USD traders cash in as Trump set to announce Fed Chair pick

    January 29, 2026

    Gold, silver, copper soar to new highs; analysts warn of instability

    January 29, 2026

    Bonds End Up Little-Changed. Other Markets May Have Helped

    January 29, 2026
    Editor's Pick

    Nasdaq futures jump as TSMC outlook eases AI worries

    October 17, 2024

    Marine K-9s reunite with handlers for a happy retirement

    July 15, 2024

    Klarna IPO: how did the Swedish fintech perform on debut?

    September 11, 2025
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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