Argentina moves to loosen rural land ownership rules
Argentina seeks to ease foreign ownership limits on rural land. The bill aims to attract investment in the oil, mining, and agricultural sectors to boost growth.
Xurve View
Xurve View
The government of Argentina is preparing to submit a bill to Congress that would revise current limits on foreign ownership of rural land. Cabinet Chief Manuel Adorni announced the proposal during a press conference on Wednesday, noting that large-scale projects in the oil, mining, and agricultural sectors require substantial land holdings that are currently restricted under existing laws.
