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South American Real Estate News
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Update on Argentina’s foreign farmland ownership

The Rural Land Law (Law 26,737) and the Border Security Zone Law set out certain limits foreign ownership of rural lands that can restrict investment in the agribusiness industry  The Rural Lands Law limits the ownership and possession of rural land by foreign individuals or companies, irrespective of the use to which the land might be dedicated. Foreign persons must receive authorisation from the National Registry of Rural Lands to buy rural land. “Rural land” includes any land located outside…

Argentina’s New President is changing the way foreigners can buy farmland

image of Investment in Farmland
Argentina  continues to implement more business friendly policies Yesterday, by decree, the Argentine Government amended the law for Rural Land ownership therefore softening the restrictions on the sale of land to foreigners which the Kirchner administration imposed in December 2011. “This decree seeks to unlock investments from outside until we try to fund a new project,” a senior government official said. President Mauricio Macri wants to change the law that Cristina Fernandez put in place as…
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