Texas the latest state with a law banning foreign adversaries from buying real estate

Former Arizona gubernatorial candidate Kari Lake weighs in as Democratic Gov. Katie Hobbs vetoes legislation limiting Chinese land ownership near U.S. military bases and strategic assets and warns how the move puts national security at risk. Texas has become the latest state to cement a ban on land and property purchases by individuals or entities from adversarial nations. Republican Gov. Greg Abbott signed Senate Bill 17 into law over the weekend, prohibiting countries identified as security threats in the intelligence community's 2025 Annual Threat Assessment, from acquiring "real property" in the state. The countries include China, Russia, Iran and North Korea, and the bill identified "real property" as agricultural land, commercial or industrial properties, residential properties and land used for mining or water use. Amid heightened global tensions, there has been an increased appetite for protecting foreign asset acquisitions in the United States.