Argentina temporarily restores limits on foreign land ownership
アルゼンチン、外国人の土地所有制限を暫定的に復活時事・経済
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Argentina’s Supreme Court has temporarily brought back restrictions on foreign ownership of rural land. The decision suspends part of President Javier Milei’s sweeping deregulation decree from 2023. It comes only 10 days after the court had allowed the removal of those limits, a decision that drew criticism from opposition lawmakers.
The restored law sets a ceiling of 15% on foreign ownership of rural land nationwide. It also places limits on purchases in the main farming zone and restricts ownership near certain borders and bodies of water. Those challenging the decree argue that the restrictions help protect the environment and Indigenous communities.
This ruling is an interim measure, rather than a final answer to the legal dispute. The case returns to a federal court in Bariloche, which must consider the challengers’ standing and their request for an injunction. For now, the limits apply again while that process continues.