Texas Bill: Many Immigrants, H-1B Visa Holders Can’t Buy Property

[Venkatlukky]

Is this true? will it have any impacts on dallas housing prices, real estate experts ,pl share ur opinion  , planing to buy house in dallas area..

 

https://www.forbes.com/sites/stuartanderson/2023/02/01/texas-bill-many-immigrants-h-1b-visa-holders-cant-own-property/

 

 

A bill in the Texas state legislature would prohibit many immigrants and H-1B visa holders from China and three other countries from owning property in the state. Texas Gov. Greg Abbott supports the bill. The prospect of individuals being unable to buy a home or invest in a business based on their country of origin raises legal issues and could damage the state’s reputation.

 

 

On January 15, 2023, Governor Abbott endorsed the bill, which is sponsored by Republican State Senator Lois Kolkhorst. In a tweet, Abbott said, “A bill is filed in Texas legislature to ban citizens, governments & entities of China, Iran, North Korea & Russia from purchasing land in Texas. I will sign it. This follows a law I signed banning those countries from threatening our infrastructure.”

 

The bill may be part of a Republican “primary” battle between Texas Gov. Abbott and Florida Gov. Ron DeSantis, which has included both men sending migrants from the border to cities with Democratic mayors. “While Kolkhorst’s bill targets only the four countries and is related to real estate, DeSantis took action against seven countries and issued far broader prohibitions,” according to the conservative publication Center Square. “Last September, DeSantis issued an executive order prohibiting government entities from procuring technology products and services from companies owned by, controlled by or domiciled in seven foreign countries of concern: China, Cuba, Iran, North Korea, Syria, Russia and Venezuela.”

 

PROMOTED

Under the Texas bill, “Purchase of or acquisition of title to real property by certain foreign individuals or entities [would be] prohibited.” The bill would bar such purchases or acquisitions by “a governmental entity of China, Iran, North Korea or Russia; a company or other entity that is headquartered in China, Iran, North Korea or Russia…[or] an individual who is a citizen of China, Iran, North Korea or Russia.”

 

The bill also prevents such acquisitions by companies directly or indirectly controlled by any of the four governments, or companies owned by or the majority of stock ownership or other ownership interest held by a company headquartered in one of the four countries or an individual who is a citizen of China, Iran, North Korea or Russia.

[JackSeal]

1 minute ago, Venkatlukky said:

Is this true? will it have any impacts on dallas housing prices, real estate experts ,pl share ur opinion  , planing to buy house in dallas area..

 

https://www.forbes.com/sites/stuartanderson/2023/02/01/texas-bill-many-immigrants-h-1b-visa-holders-cant-own-property/

 

 

A bill in the Texas state legislature would prohibit many immigrants and H-1B visa holders from China and three other countries from owning property in the state. Texas Gov. Greg Abbott supports the bill. The prospect of individuals being unable to buy a home or invest in a business based on their country of origin raises legal issues and could damage the state’s reputation.

 

 

On January 15, 2023, Governor Abbott endorsed the bill, which is sponsored by Republican State Senator Lois Kolkhorst. In a tweet, Abbott said, “A bill is filed in Texas legislature to ban citizens, governments & entities of China, Iran, North Korea & Russia from purchasing land in Texas. I will sign it. This follows a law I signed banning those countries from threatening our infrastructure.”

 

The bill may be part of a Republican “primary” battle between Texas Gov. Abbott and Florida Gov. Ron DeSantis, which has included both men sending migrants from the border to cities with Democratic mayors. “While Kolkhorst’s bill targets only the four countries and is related to real estate, DeSantis took action against seven countries and issued far broader prohibitions,” according to the conservative publication Center Square. “Last September, DeSantis issued an executive order prohibiting government entities from procuring technology products and services from companies owned by, controlled by or domiciled in seven foreign countries of concern: China, Cuba, Iran, North Korea, Syria, Russia and Venezuela.”

 

PROMOTED

Under the Texas bill, “Purchase of or acquisition of title to real property by certain foreign individuals or entities [would be] prohibited.” The bill would bar such purchases or acquisitions by “a governmental entity of China, Iran, North Korea or Russia; a company or other entity that is headquartered in China, Iran, North Korea or Russia…[or] an individual who is a citizen of China, Iran, North Korea or Russia.”

 

The bill also prevents such acquisitions by companies directly or indirectly controlled by any of the four governments, or companies owned by or the majority of stock ownership or other ownership interest held by a company headquartered in one of the four countries or an individual who is a citizen of China, Iran, North Korea or Russia.

Zero impact … iran most will have GC, F1 to GC … north korea and russia very less people in vomerica and even their priority dates are current so they won’t to be on h1b … China PD is 2019 so they get GC soon. 

[cigarette_csrcsr]

Bill lo potta batta and dark skin indians ni kuda add chesthe good days will come to Texas

[matta_prabhu]

5 minutes ago, cigarette_csrcsr said:

Bill lo potta batta and dark skin indians ni kuda add chesthe good days will come to Texas

Exactly 

[anna_gari_maata]

Just the beginning.

[ARYA]

22 minutes ago, cigarette_csrcsr said:

Bill lo potta batta and dark skin indians ni kuda add chesthe good days will come to Texas

actually tx will get mg'ed..if they touch indians antunna dallas vasi @Chirupoo

[cigarette_csrcsr]

Just now, ARYA said:

actually tx will get mg'ed..if they touch indians antunna dallas vasi @Chirupoo

lopalla vesi  desi set avutaru antuna mexicns and irans

[MiryalgudaMaruthiRao]

3 minutes ago, ARYA said:

actually tx will get mg'ed..if they touch indians antunna dallas vasi @Chirupoo

uncle rally chested with yellow hummer

[MiryalgudaMaruthiRao]

45 minutes ago, Venkatlukky said:

Is this true? will it have any impacts on dallas housing prices, real estate experts ,pl share ur opinion  , planing to buy house in dallas area..

 

https://www.forbes.com/sites/stuartanderson/2023/02/01/texas-bill-many-immigrants-h-1b-visa-holders-cant-own-property/

 

 

A bill in the Texas state legislature would prohibit many immigrants and H-1B visa holders from China and three other countries from owning property in the state. Texas Gov. Greg Abbott supports the bill. The prospect of individuals being unable to buy a home or invest in a business based on their country of origin raises legal issues and could damage the state’s reputation.

 

 

On January 15, 2023, Governor Abbott endorsed the bill, which is sponsored by Republican State Senator Lois Kolkhorst. In a tweet, Abbott said, “A bill is filed in Texas legislature to ban citizens, governments & entities of China, Iran, North Korea & Russia from purchasing land in Texas. I will sign it. This follows a law I signed banning those countries from threatening our infrastructure.”

 

The bill may be part of a Republican “primary” battle between Texas Gov. Abbott and Florida Gov. Ron DeSantis, which has included both men sending migrants from the border to cities with Democratic mayors. “While Kolkhorst’s bill targets only the four countries and is related to real estate, DeSantis took action against seven countries and issued far broader prohibitions,” according to the conservative publication Center Square. “Last September, DeSantis issued an executive order prohibiting government entities from procuring technology products and services from companies owned by, controlled by or domiciled in seven foreign countries of concern: China, Cuba, Iran, North Korea, Syria, Russia and Venezuela.”

 

PROMOTED

Under the Texas bill, “Purchase of or acquisition of title to real property by certain foreign individuals or entities [would be] prohibited.” The bill would bar such purchases or acquisitions by “a governmental entity of China, Iran, North Korea or Russia; a company or other entity that is headquartered in China, Iran, North Korea or Russia…[or] an individual who is a citizen of China, Iran, North Korea or Russia.”

 

The bill also prevents such acquisitions by companies directly or indirectly controlled by any of the four governments, or companies owned by or the majority of stock ownership or other ownership interest held by a company headquartered in one of the four countries or an individual who is a citizen of China, Iran, North Korea or Russia.

did they take @KcChekuriDallas permission?

[chammakchandra]

36 minutes ago, cigarette_csrcsr said:

Bill lo potta batta and dark skin indians ni kuda add chesthe good days will come to Texas

I’m plz c o l o r gurunchi matladaku.. that’s very sensitive topic in U S 

[cigarette_csrcsr]

1 hour ago, chammakchandra said:

I’m plz c o l o r gurunchi matladaku.. that’s very sensitive topic in U S 

enduku c o l o r discriomanation will not go away bayatiki chepaleru ante

[KaipuRaja]

5 hours ago, anna_gari_maata said:

Just the beginning.

Beginning of nothing.. 

[kittaya]

 

ivala edo jarigindhi anta gaa andhukee blokcing immigrantsss to buy land

[kittaya]

 

[kittaya]