Best countries/places to buy a farmland.

#22
ddddaaaa335 said:
Colombia, you buy a chunk of land in the department of Vichada, depending on your budget,
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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., if you would already pay more than a 33% income tax on that farm income in your home country.
 
Reactions: kkein
#27
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 of North and south American cities, (Chicago, I'm looking at you) and the banking system in Uruguay is much nicer and more developed, But man, I wish that Uruguayan people stop 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 where I'm from, like come on lol

Paraguay on the other hand, well, is sort of an ongoing experiment more than an investment destination, I'm willing to tip my toes into the country and see what I can do and can't do with it, but it needs some serious investigation and actual time on the ground, who knows
void said:
I don't know about more accessible country than Mexico - you can enter as a tourist, stay up to 180 days, buy land or property the second day just having your passport and cash, easy as that
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No, thank you, Mexico is nice as a tourist, but after experiencing some weird s**t first hand lately and hearing the stories of some local framers directly from them, I would avoid this place, at least for now. the cartel became fucking unhinged, they don't only target their competition and other drug dealers, they also target innocent bystanders and common business people, they even have fucking rats in the banking system, and not trashy banking systems, but international ones!! again, I experienced this first hand, not from fear mongering BS news like CNN or fox news.
Good info 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 aggressive countries on earth. mentioning money coming from panama banks to your Swiss or Singaporean banker 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 you know a thing or two about this, mind sharing some names with us or drop a PM if you don't like to talk about this publicly

Thanks to all of you for sharing your opinion on this matter, I really appreciate it!
 
Reactions: troubled soul
#29
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.
 
Reactions: OffshorePhantom
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