IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 23 Aug 2010 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 23 August 2010, the government of Brazil has formalized a restriction to the sale of rural land to foreigner investors and Brazilian companies in which foreign investors hold more than 50 percent.
 
The new regime sets the maximum amount of land to be purchased to 50 "Undefined Exploration Modules". Undefined Exploration Modules are a unit of account set in hectares that varies betwenn 5 and 10 ha depending on the region the property is located in. The property need not be continuous.
 
Property may only be acquired for agricultural, industrial or development purchases that is in line with the central business as specified in the statutes of the foreign investor.
 
Property purchases of less than three Undefined Exploration Units have been excempt from the stated regulation.

AFFECTED COUNTRIES

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