Tag: lands

• Thursday, March 17th 2011 - 15:34 UTC

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

  

  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.