Chinese nationals remain among the most active international buyers in U.S. real estate. South Florida presents real opportunities, alongside a specific legal landscape that every Chinese buyer must understand before moving forward.
Guide for Chinese nationals buying property in South Florida. Understanding Florida SB 264 restrictions, legal purchase pathways, capital controls, FIRPTA, and where Chinese buyers can purchase in Broward and Miami-Dade counties.
Florida Senate Bill 264, signed into law in 2023, restricts citizens of certain countries, including China (People's Republic), from purchasing specific categories of Florida property. The law covers: agricultural land anywhere in Florida, and property within 5 miles of a military installation or within 10 miles of critical infrastructure, for Chinese nationals who are not U.S. citizens or lawful permanent residents. IMPORTANT: Parts of SB 264 have been subject to legal challenge. In 2024, the U.S. Court of Appeals for the 11th Circuit ruled that portions of the law violated the Fair Housing...