Argentina’s Supreme Court Revokes a Ruling that Obstructs the Sale of Land to Foreigners
The ruling removes a legal block after a 2024 challenge, and researchers estimated more than 13 million hectares were already in foreign hands.
93 Articles
93 Articles
The previous rule limited foreigners to not own more than 15% of Argentine land The post Argentina proceeds with the sale of land to foreigners appeared first on Rolling Stone in Spanish.
The Supreme Court of Justice of the Nation yesterday resolved more than 400 judgments on various issues. The one that generated the greatest debate was the one that overturned the declaration.
The Argentine Justice has revoked the ruling that stopped the sale of land to foreigners. The measure was taken by the Supreme Court – the highest judicial body in the country – and removes the obstacles to the unlimited commercialization of land. In December 2023, President Javier Milei had repealed by a decree Law 26.737 of the Regime of Protection of the National Dominion on the Property, Possession or Tenure of Rural Lands. But then this dec…
The Land Law, passed in 2011, established that foreigners could not own more than 15% of the country's rural land, with limits also at the provincial and municipal levels. President Javier Milei abrogated it by decree in December 2023. But a court stopped that decision in March 2024, in response to a demand from a center of ex-combatants of the Malvinas war. Now, the Argentine highest court rejected the claim because it considered that that orga…
El Periódico
The Supreme Court of Argentina overturned on Tuesday a ruling that had declared unconstitutional the repeal of the Rural Lands Law included in Javier Milei's megadecree 70/23, signed a few days after assuming the presidency, in December 2023. The highest judicial instance of this country clarified however that the ruling "does not involve opening a trial on the constitutional validity of article 154 of the decree of necessity and urgency" of Mil…
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