Contributed By Hawkins Hatton Corporate Lawyers Ltd
The UK does not currently have a domestic legal framework that specifically governs inward foreign direct investment (FDI).
FIRRMA is intended to address concerns in the US about foreign investment and access to sensitive US technology, especially by Chinese investors. It will achieve this by expanding the role of CFIUS in reviewing transactions which raise US national security concerns in relation to foreign investment or acquisition of certain US businesses. This will inevitably provide further obstacles to foreign investment in the US, including investment in real estate.