Governor Ron DeSantis cracks down on foreign countries of concern, launches SecureFlorida for property registration
Press release from the Office of Governor Ron DeSantis
TALLAHASSEE, Fla. — Today, Governor Ron DeSantis announced the launch of the SecureFlorida Portal, where foreign principals from foreign countries of concern must register property as required by sections 692.203 and 692.204, Florida Statutes. These registration requirements for foreign principals were created by Senate Bill 264—signed by Governor DeSantis in May as part of the strongest legislation in the nation counteracting the malign influence of the People’s Republic of China and other countries of concern.
Section 692.204 limits the ability of individuals and businesses affiliated with the People’s Republic of China or the Chinese Communist Party to acquire real property in Florida and requires the registration of all real property owned within the state. Under section 692.203, foreign principals from other countries of concern may acquire property located within 10 miles of a military installation or critical infrastructure facility only under limited circumstances and must register such property with FloridaCommerce.
“Protecting Floridians and Florida’s infrastructure from agents like the Chinese Communist Party and other foreign adversaries is important to our state’s security,” said Governor Ron DeSantis. “I am proud to have signed the strongest legislation in the nation to fight back against foreign malign influence.”
“I’m grateful for the Governor’s leadership on this issue that is critical to both our national security and the security of Florida’s economy,” said Florida Secretary of Commerce J. Alex Kelly. “Under Governor DeSantis’s leadership, Florida is in the driver’s seat, and our Freedom First policies are setting the stage for a robust and efficient supply chain.”
If a foreign principal owned or acquired an interest in real property before July 1, 2023, then the foreign principal must register the property by December 31, 2023. A foreign principal that fails to timely file a registration with FloridaCommerce is subject to a civil penalty of $1,000 for each day the registration is late. Entities and property owners can register a property through the SecureFlorida portal here.
FloridaCommerce will host a technical assistance webinar on Tuesday, November 21, 2023, at 11 a.m. to provide an instructional walkthrough of the portal. Register for the webinar here.
Senate Bill 264 is available here.
If you’re going to do this then it should be required for all foreign principals, not just the ones from countries that the state currently deems to be a concern. Foreign money from all over the world has made real estate in Florida and the rest of the country completely unaffordable to most.
But politicians know this and they know who butters their bread so it’ll never change
So, yet another ill conceived law passed to satisfy little D’s ego in his quest for higher office at the expense of Florida tax payers. This xenophobic law has the clear effect of punnishing persons legally residing in the US and whom may be following the legal path to live the American dream as citizens. It wastes resources in the required documentation of compliance required of all property transactions and will be successfully challenged in court at our expense as tax payers.
I don’t think a non US citizen should be allowed to buy ANY property.