Texas HB1849 prohibits certain foreign entities and individuals from purchasing real property in Texas.

Texas HB1849 prohibits individuals and entities from purchasing or acquiring title to real property in Texas if they are from a designated country. The bill defines a "designated country" as China, Iran, North Korea, or Russia, or any country the governor designates. Exceptions include U.S. citizens, lawful permanent residents, and leasehold interests. The governor can designate additional countries after consulting with the public safety director. The attorney general investigates potential violations and can impose fines. The bill takes effect September 1, 2025.

Texas HB1849 prohibits certain foreign entities and individuals from purchasing real property in Texas.

Texas HB1849 prohibits individuals and entities from purchasing or acquiring title to real property in Texas if they are from a designated country. The bill defines a "designated country" as China, Iran, North Korea, or Russia, or any country the governor designates. Exceptions include U.S. citizens, lawful permanent residents, and leasehold interests. The governor can designate additional countries after consulting with the public safety director. The attorney general investigates potential violations and can impose fines. The bill takes effect September 1, 2025.