Lawmakers move to limit foreign real estate buys near military bases
By Leo Shane III
Jan 22, 2025, 05:12 PM
Legislation introduced Wednesday would require federal approval before companies linked to China could acquire land near U.S. bases. (Colin Demarest/C4ISRNET)
Senate Republicans are ramping up efforts to restrict foreign government investment in U.S. real estate near American military bases, calling it a looming risk for troops’ safety and national security.
On Wednesday, Sen. Ted Cruz, R-Texas, reintroduced the Protecting Military Installations and Ranges Act, which requires a review by federal authorities before entities linked to China, Russia, Iran or North Korea can purchase land within 100 miles of an armed forces installation.
“Foreign adversaries are exploiting loopholes to acquire land near our military bases and training routes, jeopardizing the safety of our troops and the integrity of our operations,” Cruz said, urging quick consideration of the bill.
https://www.militarytimes.com/news/pentagon-congress/2025/01/22/lawmakers-move-to-limit-foreign-real-estate-buys-near-military-bases/
