McMorris Rodgers, Newhouse Introduce Bill to Block China from Purchasing American Farmland - Cathy McMorris Rodgers (2024)

FAQs

What bill prevents China from buying land? ›

H.R. 7892 - 117th Congress (2021-2022): Prohibition of Agricultural Land for the People's Republic of China Act | Congress.gov | Library of Congress.

Canadian investors lead this pack, by a long shot, with nearly 9.4 million acres of U.S. land — more acreage than 44 of the top 50 foreign landowners combined, according to the report. (These people own the most land in America.)

Newhouse introduced the Prohibition of Agricultural Land for the People's Republic of China Act to prohibit the purchase of public or private agricultural land in the United States by foreign nationals associated with the Government of the People's Republic of China.

From 2000 onwards, the total area of land in U.S. farms has decreased annually, aside from a small increase in 2012. Over the time period displayed, the total farmland area has decreased by almost 50 million acres, reaching a total of 893.4 million acres as of 2022.

There is no private “freehold” land ownership in China. All urban land in China is owned by the Chinese government and is commonly referred to as “state-owned land.” All rural and suburban land is owned by rural collectives (ie, local groups of farmers) and is commonly referred to as “collective land.”

So, can foreigners buy property in China? The answer is yes, foreigners are allowed to purchase property in China! The essential requirement is that you have studied or worked in China for at least one year on a residence permit. Foreigners are allowed to only own one residential property for dwelling purposes.

Chinese buyers comprise one of the largest groups of foreign buyers of residential property in the United States. Historically, between 20,000 and 40,000 residential properties were bought by Chinese nationals, but in 2022, both the sales volume and percentage of all foreign-bought properties declined.

The largest country in the world is Russia with a total area of 17,098,242 Km² (6,601,665 mi²) and a land area of 16,376,870 Km² (6,323,142 mi²), equivalent to 11% of the total world's landmass of 148,940,000 Km² (57,510,000 square miles).

The federal government owns about 640 million acres (2.6 million km²) of land in the United States, about 28% of the total land area of 2.27 billion acres (9.2 million km²).

Because China is a socialist country, all land is either subject to government ownership or collective ownership. In principle, municipal land is subject to government ownership and land outside cities is subject to collective ownership. However, one can obtain the right to use the land.

What is the average farm size in China? ›

The land is divided into approximately 200 million households, with an average land allocation of just 0.65 hectares (1.6 acres). China's limited space for farming has been a problem throughout its history, leading to chronic food shortage and famine.

Chinese names for China, aside from Zhongguo, include Zhōnghuá (中華/中华, "central beauty"), Huáxià (華夏/华夏, "beautiful grandness"), Shénzhōu (神州, "divine state") and Jiǔzhōu (九州, "nine states").

Low-density residential (LDR) land use includes scattered subdivisions and large-lot housing, which fragments the agricultural land base and limits production. The Plains states are losing some of the most prime farmland in America, according to AFT. Kristopher Reynolds is the Midwest regional director with AFT.

Median total household income among all farm households ($92,239) exceeded the median total household income for all U.S. households ($70,784) in 2021. Median household income and income from farming increase with farm size and most households earn some income from off-farm employment.

The best states for farmland include Montana, Kansas, Oklahoma, South Dakota, North Dakota, Texas, Iowa, Kentucky, Wyoming, and California. Consider factors like profitability, cost of operation, infrastructure, and availability when selecting a location.

Highlights: Foreign Investment US Real Estate Statistics

From April 2020 to March 2021, investors from outside the United States bought 107,000 properties worth $54.4 billion in the United States. Foreign-born individuals make up 14.25 percent of the population in the country's 50 largest metros, on average.

An average 80 square meter apartment within Shanghai's Inner Ring Road goes for upwards $886,000; while in the city's hinterlands it sells for around US$200,000. In Beijing, the average cost of a home of this size is roughly US$310,000.

The law is set to take affect July 1. It will be a felony for Chinese people to buy property in restricted areas or for any person or real estate company to knowingly sell to restricted people. For the other targeted nations, the penalty is a misdemeanor for buyers and sellers.

According to Russian law, foreigners are usually allowed to purchase or rent property in Russia, but certain exceptions apply. Also, in order to be allowed to buy a property, the foreign citizen must hold a valid Russian resident permit.

How much is housing in China compared to the US? ›

China's housing prices are constantly evolving, but, as of 2021, the average new urban dwelling unit in China costs 29.8 times the average income in the country. For comparison's sake, the average new urban dwelling unit In the United States costs 4.3 times the average income in the United States.

According to the U.S. Department of Agriculture's (USDA) latest report on foreign ownership of American land, from 2021, 146 Chinese investors held 383,935 acres—nearly double the 193,700 acres that comprise New York City.

The nation's largest private landowners are the Emmerson family in California who own over 2.4 million acres. The bulk of that land is dedicated to timber in Northern California. But the most headline-worthy transaction of 2022 was the Four Sixes Ranch in Texas.

China purchased $165 billion in goods and services from the United States in 2015, representing 7.3 percent of all US exports and about 1 percent of total US economic output.

Finland is the top country by international property rights index in the world. As of 2022, international property rights index in Finland was 8.2 score. The top 5 countries also includes Singapore, Switzerland, New Zealand, and Luxembourg. The description is composed by our digital data assistant.

China and the US together make up 42 per cent ($84.8tn) of global property value alone. China is home to more of the world real estate market assets (by value) than any other country at $42.7tn or 21 per cent of global real estate value, just ahead of the US at $42.1tn.

The state with the highest percentage of federal land is Nevada, of which 80.1%, or 56,262,610 acres of its total landmass is federally managed.

Is Texas banning Chinese citizens buying farmland? ›

The Texas Senate on Wednesday gave final approval to a bill that limits the sale of Texas farmland to citizens and entities associated with China and several other countries.

“Owning” might not be the right term, as in China, property is simply leased for the duration of 70 years. After this time, the lease is usually renewed. However, the Ministry of Housing and Construction can theoretically nullify your lease at any time if your property is needed for development.

So can Americans own land in Mexico? Yes they can! Land for sale in Mexico is available for purchase by Americans, Canadians, and anyone around the world considered a “foreigner.”

Between 2000 and 2020, the country's food self-sufficiency ratio decreased from 93.6 percent to 65.8 percent. Changing diet patterns have also driven up China's imports of edible oils, sugar, meat, and processed foods.

The eastern plains and southern coasts of the country consist of fertile lowlands and foothills. They are the location of most of China's agricultural output and human population.

"The annual per capita disposable income of Chinese farmers in 2022 increased to 20,133 yuan ($2,955), surpassing the milestone of 20,000 yuan for the first time," Wu Hongyao, deputy director of the Office of the Central Rural Work Leading Group, said at the press conference hosted by the State Council Information ...

Here are some gender-neutral Chinese names to choose from: Bo: Meaning “wavelike”. Chen: Meaning “break of the day”. Chun: Meaning “born in the spring”.

Oklahoma. Oklahoma currently sits at the lowest cost per acre among the best states for farmland in the US, so this is another state to consider when looking to buy land for agricultural purposes.

Mollisols found in the Midwestern U.S. are the best for agriculture due to the grasslands that were present thousands of years ago. These prairies produced strong and fertile soils because after each year, the grasses would breakdown and contribute nutrients to the ground.

1. California

It is recognized as the agricultural powerhouse of the United States. California's crops account for around 73% of the state's agricultural revenue, with livestock commodities accounting for the remaining 27%, allowing it to surpass all other states in terms of farm income.

Who is the richest Farmer in us? ›

The richest farmer in the US is Stewart Resnick, with a net worth of $7.6 billion. He and his wife, Lynda Resnick, own The Wonderful Company, which produces a range of products, including POM Wonderful pomegranate juice, Wonderful Pistachios, and Halos mandarins.

The Fair Labor Standards Act (“FLSA”) does require that most agricultural workers receive at least the federal minimum wage of $7.25 per hour.

Texas had the most farms in the United States in 2021 followed by Missouri and Iowa. Texas accounted for roughly 12% of the farms in the United States in 2021. Thirty nine (39) states had 12,000 or more farms in 2021.

Uttar Pradesh is India's top farming state, with considerable state-level crop production including bajra, rice, sugarcane, food grains, and many others.

The world has 15.749 million km(2) of arable land. (Arable land is land ploughed or tilled regularly, generally under a system of crop rotation). India has the most arable land in the world followed by the United States, Russia, China and Brazil.

Governor Ron DeSantis of Florida signed a series of bills Monday that bans Chinese citizens from buying land in the state.

The View From Texas

Texas's Senate recently passed a bill that would ban Chinese, Iranian, Russian, and North Korean nationals from purchasing "real property," defined as “agricultural land, an improvement located on agricultural land, a mine or quarry, a mineral in place, or a standing timber.”

This new state law prohibits Chinese citizens, along with foreign nationals from Russia, Iran, North Korea, Cuba, Venezuela and Syria, from buying farmland or any property within 10 miles of a military installation or infrastructure such as a seaport or airport.

In the last 10 years, Chinese investors have bought US$188.6 billion worth of property in the US – more than a fifth of total foreign investment.

What Chinese company buys 1400 acres in Florida? ›

The Chinese company JOINN Biologics has purchased 1,400 acres of land and plans to build a massive facility to receive and quarantine newly imported monkeys, effectively establishing the county as another point along the dangerous and deadly wildlife-trade chain.

DeSantis called the latest measure a response to a "concerted effort" by the Chinese Communist Party to acquire farmland in Florida. He referenced an incident where a Chinese-owned drug developer tried to buy 1,400 acres in Levy County for $5.5 million in late 2022.

China and Japan have a territorial dispute over a group of uninhabited islands known as the Senkaku Islands in Japan, the Diaoyu Islands in the People's Republic of China (PRC), and Tiaoyutai Islands in the Republic of China (ROC or Taiwan).

The Chinese Exclusion Act was approved on May 6, 1882. It was the first significant law restricting immigration into the United States. In the spring of 1882, the Chinese Exclusion Act was passed by Congress and signed by President Chester A. Arthur.

On May 6, 1882, President Chester Arthur signed a law that reshaped America. More than a century later, Congress formally apologized for it. The Chinese Exclusion Act blocked Chinese workers from coming legally to the country, and blocked Chinese immigrants who were already living here from becoming US citizens.

Gov. Ron DeSantis signed it into law and it is set to go into effect on July 1. It bars Chinese citizens who are not United States citizens from purchasing homes in Florida, with few exceptions. It imposes similar but less stringent restrictions on citizens of Cuba, Venezuela, Syria, Iran, Russia and North Korea.

On March 8, 2007, the Property Law was formally introduced at the NPC. Vice-Chairman Wang Zhaoguo told the Congress that the law will "safeguard the fundamental interests of the people", and the law is an attempt at adapting to new "economic and social realities" in China.

Any person born in China whose parents are both Chinese nationals and one of whose parents is a Chinese national shall have Chinese nationality. Article 5. Any person born abroad whose parents are both Chinese nationals and one of whose parents is a Chinese national shall have Chinese nationality.