Page 43 - AgriBrasilis 1st edition.pdf

AgriBrasilis March 2020 43

conditional ownership of Bill 2963/19, in contrast, and the Agriculture and
a rural land is transferred maintain some restrictions Agrarian Reform Commission.
to a foreigner by virtue of a such as the prohibition that Now, it is under analysis
guarantee, as it occurs in certain rural lands belonging to of the Constitution, Justice
fiduciary guarantees in Brazil, foreigners exceed ¼ of the and Citizenship Commission
Bill 2963/19 proposes that area of the relevant city, and of the Federal Senate and
the land shall be sold within that foreigners of the same will be sent to the House of
two years, renewable for the nationality hold more than ten Representatives. If approved,
same period, under penalty of percent of the city. the new law will be a milestone
the transaction being reversed, In December 2019, the in the sector, with a meaningful
with the return of the land to Bill was approved by the opening of the market to new
the original owner. Economic Affairs Commission foreign investment groups,

某些信托担保里那样)，第 村土地超过相关城市面积的 议，并呈交至众议院。若法
2,963/19 号法案倡议土 1/4，及相同国籍的外国人 案获批，新法案将成为该行
地在两年内出售，同一期 不得拥有该市10%以上的土 业的里程碑，为新的外国投
间可续签，取消交易需缴 地。 资集团提供一个有意义的开
罚金，并将土地归还所有 2019年12月，该法案获 放的市场，使得他们能够在
者。 得经济事务委员会和农业及 法律安全水平更高的国家进
相比之下，第2963/19 土地改革委员会的批准。目 行投资。
号法案保留了一些限制。 前，法案经由联邦参议院宪
例如，禁止外国人拥有乡 法、司法及公民委员会审