You can’t afford to buy a farm in South America ? Maybe these are another options
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Farmlands in Brazil and Argentina are some of the most fertile, productive and sought after in the world, but investors looking at the continent should be cautious. Brazil and Argentina currently have laws that place certain limits on the foreign ownership (individuals and corporations) of farmland.
Other farms in South America countries like Chile, Paraguay, and Uruguay are much more foreign business friendly. But Chile (very mountainous) and Uruguay (small country) offer comparatively fewer farmland opportunities for investors than the much larger and farmland-rich Brazil, Paraguay and Argentina.
To cater for the smaller investors GTSA is looking putting together a private fund option ( non listed ) which will be available for investors later this year.
Also there are these options below.
Cresud (NASDAQ: CRESY) is a very large Argentina-based farm company with about 2.4 million acres of land in Argentina (66%), Brazil (19%), Paraguay (13%) and Bolivia (2%). The company is a farmer of soybeans (making up 56% of its crops), corn (20%) and single digit percentages of sugarcane, sunflower, wheat and other grains. The company has livestock operations in beef cattle ranching, sheep herding and dairy cow milking. Cresud also has a 64.5% stake in the Argentina real estate developer in IRSA, which in turn owns about 30% of the Argentina bank Banco Hipotecario.
Adecagro (NYSE: AGRO) is based in Luxembourg, but owns about 725,000 acres across Brazil (66.6%), Argentina (32.2%) and Uruguay 1.2%). Much like fellow South American farmer Cresud, Adecagro is involved in the growing of various grain crops, sugarcane, cattle ranching and dairy cow milking. Adecagro also has business segments in coffee beans and cotton growing and ethanol fuel production.
About Gateway to South America
Gateway to South America was established in 2006 as a single office in Buenos Aires. The company has since expanded into a vibrant regional network, servicing the Southern Cone clients in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay with professional real estate marketing services. If you enjoy reading our news site please share it on your social media below.
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