June 01, 2012

A Reminder About Alien Ownership Restrictions

Jean Feriancek

Business entities formed in jurisdictions outside the United States—sometimes called “alien” companies—may invest in oil and gas, other natural resources, or other real property in the United States to diversify their holdings or gain access to energy or minerals that they need. In doing so, an alien company needs to comply with any federal and state laws and regulations that may restrict its ownership of real property. Those involved in such transactions need to be aware of and consider the effect of such laws and regulations.

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