Fri Nov 14 17:30:48 UTC 2025: Okay, here’s a summary and a news article based on the provided text:

Summary:

Greenland’s Parliament has passed a law restricting property ownership to residents and companies from Greenland, the Faroe Islands, and Denmark. This law, effective January 1st, 2026, requires non-Danish citizens and foreign companies to be permanent residents in Greenland for two years and have paid all taxes there to purchase property. The move follows increased interest from U.S. investors and repeated assertions by former U.S. President Donald Trump about the strategic importance of Greenland and his willingness to explore means of acquiring it for the United States.

News Article:

Greenland Parliament Restricts Foreign Land Ownership Amid US Interest

Copenhagen, November 14, 2025 – The Greenlandic Parliament has approved legislation sharply limiting the ability of foreigners to purchase property on the island. The new law, passed late Thursday, will restrict property ownership and land-use rights to individuals and companies from Greenland, the Faroe Islands, and Denmark.

Under the new regulations, non-Danish citizens and foreign companies must be permanent residents of Greenland for at least two years and have paid all applicable taxes within the territory before being eligible to purchase property. The law, which goes into effect on January 1, 2026, passed with 21 votes in favor and six abstentions.

The move comes amid rising interest from U.S. investors in Greenland. A recent survey by Danish newspaper Politiken highlighted growing American interest in acquiring property. Furthermore, since returning to the White House in January, Donald Trump has repeatedly stated the United States needs the resource-rich and strategically important island for security purposes. He has even declined to rule out the use of force to secure it.

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