Michigan is a premier destination for "freshwater island" ownership, offering a welcoming atmosphere for international investors. Foreigners can gener... Read Moreally enjoy 100% freehold (fee simple) ownership of residential island property. While 2026 has seen a focus on new legislative proposals (like HB 4233/4234) aimed at restricting "foreign countries of concern" from purchasing agricultural land, these measures typically do not impact private residential or recreational islands. The process remains professional and secure, with clear title registration through county offices. It is a stable, high-value environment where owning a private retreat in the Great Lakes is a mark of true distinction and long-term stability. Read Less