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bijouxbroussard · F
In fact, it’s kind of moot…
I was curious whether or not Americans could buy land in China and was surprised that even though, as a Communist country (where land is state-owned and even Chinese citizens may not privately own land), there are exceptions:
(Info is from chinalegalexperts.com)
China owns approximately 383,934 acres of land in the U.S., which is less than 1% of all foreign-held land. This ownership is primarily through corporations, with a significant portion held by Smithfield Foods, a major pork processor.
This amount is relatively small compared to other countries, with Canada owning the most foreign land in the U.S.
This amount is relatively small compared to other countries, with Canada owning the most foreign land in the U.S.
I was curious whether or not Americans could buy land in China and was surprised that even though, as a Communist country (where land is state-owned and even Chinese citizens may not privately own land), there are exceptions:
No, Americans cannot own land in China as all land is owned by the state. However, they can purchase property under certain conditions, such as having lived in China for at least one year.
(Info is from chinalegalexperts.com)