Gov. Holcomb Signs Bill Banning Some Countries from Owning Indiana Land
STATEWIDE — Countries considered potential enemies of the United States will no longer be able to buy land in Indiana, under most conditions. Beginning July 1st, countries like China, Russia,…
It's an interesting development, but NOBODY except American citizens should be allowed to own land in the USA. Look around the world, and the vast majorities of the countries have this kind of restriction.
There is no reason to allow ownership of American real estate by any entity that isn't an American. Most countries allow foreigners to buy condos and that is it. The land has to be owned by a domestic entity. Foreigners or foreign juristic entities (companies > 50% owned by foreigners) can also lease land for a limited period of time if they want to build a factory and do business. Usually anywhere between 30-100 years.
I see no reason why this system shouldn't be adopted in the USA.
Agreed, I was appalled when I first learned of other countries owning an inch of our land, especially China.
"Some". Let me guess, Israel is allowed to buy land. Holcomb and the Indiana RNC are Israel First all the way.
Oh yes. Israel is allowed.
He will always and forever be known as Andrew Holcuck after the scamdemic to me
"Some Countries" should mean all Countries.
Can we get an amendment put in that includes also any Gates who are consideredbenemies of the country
Holcomb did not win his election. Rainwater should be the rightful governor.
Funny as he's in bed with the commies.