The term excepted real estate foreign state means, until February 13, 2023, a foreign state that meets the criteria in paragraph (a) of this section, and beginning on February 13, 2023, a foreign state that meets both the criteria in paragraphs (a) and (b) of this section:

1. (a) Is identified by the Committee as an eligible foreign state and
2. (b) Is a foreign state for which the Committee has made a determination under § 802.1001(a).

Note 1 to § 802.214: The name of each foreign state identified by the Committee as an eligible foreign state will be available at the Committee's section of the Department of the Treasury website. See § 802.1001(c) regarding the publication of a notice in the Federal Register of a determination under § 802.1001(a). The list of excepted real estate foreign states will also be available at the Committee's section of the Department of the Treasury website.

[85 FR 3166, Jan. 17, 2020, as amended at 87 FR 732, Feb. 4, 2022]