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Ban on Foreign Land Purchases in US: Protecting Real Estate Market

This bill proposes a five-year ban on foreign persons and entities purchasing real estate in the U.S. The aim is to lower housing prices, make it easier for Americans to buy homes, and protect strategic lands, including farmland, from foreign acquisition. Citizens may experience relief in the housing market and increased home availability.
Key points
Five-year prohibition on foreign persons and entities purchasing U.S. real estate.
Aims to lower housing prices and make homeownership more accessible for Americans.
Protects strategic lands, including farmland, from foreign acquisition.
Requires a government report on the history and extent of foreign real estate ownership in the U.S.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_6383
Sponsor: Rep. Gohmert, Louie [R-TX-1]
Process start date: 2022-01-12
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

National Security Moratorium on Foreign Purchases of U.S. Land

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6383.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-01-12.

What are the main provisions?

Key points include:

  • Five-year prohibition on foreign persons and entities purchasing U.S. real estate.
  • Aims to lower housing prices and make homeownership more accessible for Americans.
  • Protects strategic lands, including farmland, from foreign acquisition.
  • Requires a government report on the history and extent of foreign real estate ownership in the U.S.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Gohmert, Louie [R-TX-1].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Foreign Affairs.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Real Estate Security Agriculture