Best countries/places to buy a farmland.
- Thread starter MiddleEuroAsia
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Colombia has fantastic farmland and a great climate for growing various crops. Unfortunately, it applies something like a 33% tax rate to foreign investors. It also has foreign exchange controls over investment funds. That is why I prefer Panama, which has no foreign exchange controls, uses the U.S. dollar, and has an investor-friendly tax exemption on the first $350k of farm income.
Of course, the tax situation may not apply to your specific circumstances under an international tax treaty to avoid double-taxation, e.g., if︀ you would already pay more than a 33% income tax on that farm income in︁ your home country.
Of course, the tax situation may not apply to your specific circumstances under an international tax treaty to avoid double-taxation, e.g., if︀ you would already pay more than a 33% income tax on that farm income in︁ your home country.
You are several decades behind the times.
https://farmfolio.net/articles/what...il&utm_term=0_cf843922f5-10b15dbb84-241193589
"Colombia is an increasingly attractive option for agricultural investors."
https://farmfolio.net/articles/what...il&utm_term=0_cf843922f5-10b15dbb84-241193589
FYI
Just to give you one example, Cargill has over 50.000 Hectares in the department of Vichada (The area of Luxemburg is 60.000 Hectares)
Just to give you one example, Cargill has over 50.000 Hectares in the department of Vichada (The area of Luxemburg is 60.000 Hectares)
TBF, there is another personal reason on why I chose Uruguay, which is that it's so chill and laid back, and I need that badly, I don't need the Island type of laid back, but living in (or close to ) a big city while also living a laid back lifestyle is very attractive to me, plus the country is very safe, Montevideo is way safer - I dare to say - than a lot of︀ North and south American cities, (Chicago, I'm looking at you) and the banking system in︁ Uruguay is much nicer and more developed, But man, I wish that Uruguayan people stop︂ talk about how "European" they are, I get it, they are proud of their heritage,︃ but this is ALWAYS the first thing they tell me when I tell them where︄ I'm from, like come on lol
Paraguay on the other hand, well, is sort of︅ an ongoing experiment more than an investment destination, I'm willing to tip my toes into︆ the country and see what I can do and can't do with it, but it︇ needs some serious investigation and actual time on the ground, who knows
No, thank you, Mexico is nice︊ as a tourist, but after experiencing some weird s**t first hand lately and hearing the︋ stories of some local framers directly from them, I would avoid this place, at least︌ for now. the cartel became fucking unhinged, they don't only target their competition and other︍ drug dealers, they also target innocent bystanders and common business people, they even have fucking︎ rats in the banking system, and not trashy banking systems, but international ones!! again, I️ experienced this first hand, not from fear mongering BS news like CNN or fox news.
Good info︌ about panama, thanks for sharing it 🙂
the only con about panama, is obviously, the scandals.︍ It has a big a*s target on it's back from some of the most aggressive︎ countries on earth. mentioning money coming from panama banks to your Swiss or Singaporean banker️ will raise tons of eyebrows if not outright rejected by your bank.
So, maybe funneling money from panama to other latam countries is the way to go about this, not that hard, but still needs some work, I will need to look into it.
seems like you︁ know a thing or two about this, mind sharing some names with us or drop︂ a PM if you don't like to talk about this publicly 😉
Thanks to all of︃ you for sharing your opinion on this matter, I really appreciate it!
Paraguay on the other hand, well, is sort of︅ an ongoing experiment more than an investment destination, I'm willing to tip my toes into︆ the country and see what I can do and can't do with it, but it︇ needs some serious investigation and actual time on the ground, who knows
No, thank you, Mexico is nice︊ as a tourist, but after experiencing some weird s**t first hand lately and hearing the︋ stories of some local framers directly from them, I would avoid this place, at least︌ for now. the cartel became fucking unhinged, they don't only target their competition and other︍ drug dealers, they also target innocent bystanders and common business people, they even have fucking︎ rats in the banking system, and not trashy banking systems, but international ones!! again, I️ experienced this first hand, not from fear mongering BS news like CNN or fox news.
Good info︌ about panama, thanks for sharing it 🙂
the only con about panama, is obviously, the scandals.︍ It has a big a*s target on it's back from some of the most aggressive︎ countries on earth. mentioning money coming from panama banks to your Swiss or Singaporean banker️ will raise tons of eyebrows if not outright rejected by your bank.
So, maybe funneling money from panama to other latam countries is the way to go about this, not that hard, but still needs some work, I will need to look into it.
seems like you︁ know a thing or two about this, mind sharing some names with us or drop︂ a PM if you don't like to talk about this publicly 😉
Thanks to all of︃ you for sharing your opinion on this matter, I really appreciate it!
I am starting researching on this topic to possible evaluating an investment in farmland.
What do you think about Belize to buy farmland ? Seems quiet attractive also in terms of taxes and it seem to have special zones for import export.
I was looking at something like this: Deep South Farms - Turnkey Organic Farm with Residential Development Opportunity
to grow tropical/exotic fruits.
What do you think about Belize to buy farmland ? Seems quiet attractive also in terms of taxes and it seem to have special zones for import export.
I was looking at something like this: Deep South Farms - Turnkey Organic Farm with Residential Development Opportunity
to grow tropical/exotic fruits.
Nice one, as long as it's not subject to floods. Seems pretty easy to manage, a bit expensive but everything is negotiable in life.
You might be able to use robotic mowers to keep the grounds clean, which will save you a ton of headaches with workers.
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