Argentina Senate to debate land‑ownership reform removing foreign purchase limits on Aug 6
Minister of Deregulation Federico Sturzenegger and Senate block leader Patricia Bullrich met to finalize changes to the proposed Law of Inviolability of Private Property. The agreement restores the project to the Senate for a vote on 6 August after it had been postponed three times. The revised bill would eliminate the current restrictions that limit foreign individuals and companies to 15 % of rural land and a 1 000‑hectare cap in core zones, while maintaining a prohibition on land acquisition by foreign states and requiring provincial approval for companies with foreign state participation. Provinces would retain full authority to legislate on land sales within their territories. The government argues the reform will boost investment and legal certainty; the Rural Society of Argentina endorses it, whereas a broad coalition of NGOs, scientists, religious groups and opposition politicians opposes the measure, fearing loss of sovereignty and environmental impacts. Analysts note the change could unlock millions of euros of Spanish investment that have been stalled by the existing law.