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To: RJA_ who wrote (65844)9/12/2010 6:55:08 AM
From: elmatador  Read Replies (1) of 217786
 
US foreigners acquire land: For United States federal law, it is the obligation of the foreign reporting the acquisition of land to the Secretary of Agriculture of each federal unit.

In New York, for example, the alien must become a naturalized American to own rural property. In Virginia, allows only possession - not ownership - to a foreigner who is resident for more than five years.

In Iowa, where land for agriculture can be traded freely, the land for agricultural production may not belong to persons not resident in the state.

In Missouri, land devoted to agriculture can not belong to foreigners. If people from other countries will be owners of agricultural land, the state gives two-year period so that the properties are traded. Otherwise, go to public auction.
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