Are Foreign Principals Permitted to Own Property Near Military Bases?
Senate Bill 264 bars foreign principals from buying real property within 10 miles of a military installation or critical infrastructure. Owners from before July 1, 2023 must register with the DEO.
As per Section 6 of Senate Bill 264, foreign principals are prohibited from buying real property within a 10-mile radius of military installations or critical infrastructure facilities. Existing foreign owners can retain their properties if owned before July 1, 2023, but they must register with the Department of Economic Opportunity (DEO) by December 31, 2023.
News
- IRS Trump Account Auto Enrollment Rules Became Effective September 30, 2026
- Malabar Ordinance 2026-11: Town Council First Reading on Data Center Moratorium, October 19
- Titusville Ordinances 38-2026, 39-2026, and 40-2026: City Council Hearing on Diamond Oaks Annexation and Rezoning, October 27
- Florida Probate Curator Rule Amendments Became Effective October 1, 2026
- Florida Condo Board Education Rule Became Effective September 3, 2026
- Florida Appraiser Continuing Education Rule Became Effective October 6, 2026
- Florida Probate Rules on Curator Bonds and Notice Became Effective October 15, 2026
- Florida Civil Procedure Rule 1.200 Trial Period Reset Takes Effect January 1, 2027
- Melbourne Ordinance 2026-34: City Council Second Reading on Outdoor Entertainment Venue Zoning, October 27