Brazilian farms for sale 'should stay open to foreign investors'
Date added: 8th March, 2011 at 09:21
(view all articles from March, 2011)
Categories: Property News
Brazilian farms for sale were last year subject to laws limiting the involvement of foreign investors in the agriculture industry, but one expert has argued money from overseas must be accepted by the nation if the sector is to fulfill its potential.
The regulations mean that companies in which international speculators have a stake of more than 50 per cent may not own more than 12,350 acres and, according to the Financial Times, many believe they are aimed at limiting Chinese involvement in the sector.
Director of consultancy Agroconsult Andre Pessoa believes fears that agricultural land will be bought up by investors from the Asian country are out of proportion.
He estimates just under 20 million hectares of land are available for farming in Brazil and, although this is a more conservative figure than that given by the nation's government, it is enough to feed the world over the next decade.
However, in a time of high food demand, Mr Pessoa is worried that Brazil's agricultural industry could be overtaken by those of other countries as a result of the regulations.
"If we don't accept this capital, it will be looking at second and third options," he told the news provider.
Reuters recently spoke to investor in a Brazilian farm Phil Corzine, who claimed the plot he purchased has grown in value by 140 per cent in less than seven years.
For anyone wishing to invest in the full potential of Brazil, Property Bond Brazil has an excellent array of Brazilian farms for sale. 
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