MercoPress, en Español

Montevideo, December 22nd 2024 - 14:17 UTC

 

 

Brazil tightens land acquisition by foreigners: ‘speculators and sovereign funds’

Thursday, March 17th 2011 - 15:34 UTC
Full article 2 comments

The Brazilian government is tightening a law that restricts the amount of land foreigners can buy. The decree prohibits non-Brazilians from buying controlling shares of companies that own vast tracts of territory in the country, Brazilian Attorney General Luiz Inacio Adams said in a statement this week. Read full article

Comments

Disclaimer & comment rules
  • yul

    00000000

    it can be reamed this law by -3- steps easily !

    Step 1 : to marry with a Brasilian belle lady
    Step 2 : to become Brasilia citizen
    Step 3 : to acquire the targets.

    Mar 17th, 2011 - 06:53 pm - Link - Report abuse 0
  • GeoffWard

    Good man, Attorney General Adams !

    Protect the nation's birthright and plan for food to be available for Brasilians to buy for all the years to come.

    Food export should not be at the expense of a country's own people and
    the more land a nation sells to other countries for food export the sooner starvation comes to its own people.

    Mar 18th, 2011 - 03:33 pm - Link - Report abuse 0

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!