South American Real Estate News
/ Category / overseas investors

Brazil considering leasing farm land to foreigners to circumvent sales restrictions

MercoPress South Atlantic New Agency Report Brazil may start leasing farm land to foreigners to find a way around new legal restrictions on land sales and attract more foreign investment, the agriculture minister said. Last year, foreigners seeking to buy large plots of land began running into legal roadblocks, after the attorney general’s office reinterpreted real estate law amid concern over property speculation by overseas investors. But President Dilma Rousseff, who took office in January, is looking…
Visit us on LinkedInVisit us on FacebookVisit us on TwitterVisit us on PinterestCheck our RSS Feed