10-16-2020, 07:34 AM
(10-16-2020, 04:58 AM)HereOnThePrimalEdge Wrote: The Hawaii Senate passed a bill restricting home purchases by non US citizens.
...bar purchases of homes that are more than 5 years old by people who are not U.S. citizens and legal residents, as well as companies....
So, why is it OK for foreigners to buy new if they can’t buy old...Seems strange. Looking at Puna you can find rundown (abandoned?) property owned by foreigners, but the 5 year rule wouldn’t have stopped it, IMHO.