Argentina: Agricultural land for foreigners without restrictions

Existing rules for agricultural land used by foreigners According to the decree, the existing land law should be repealed. Currently, it was stipulated that foreigners could own a maximum of 15%. agricultural land in Argentina. A maximum of 1,000 hectares can be purchased per person or company from abroad. Attracting investors By abolishing these requirements, Milei wants to attract investors from abroad. The decree also covers facilitations in international trade. The import and export register is to be abolished. The previous government introduced a register specifically for meat exports and a price monitoring system in mid-2021 to prevent speculative and illegal business practices in beef exports. Milei also wants to lift import and export bans to create clear rules and predictability for companies. Other points of the decree include, for example, the restriction of the right to strike and the privatization of public companies such as water supply companies. Parliamentary ...