Growing Concerns: Foreign Ownership of Agricultural Land Takes Center Stage in 2023
State legislatures across the country have been grappling with the issue of foreign ownership of agricultural land. This issue, which gained attention at both the federal and state levels in 2023, is the second most significant development in ag law and tax for that year. While it is not a new issue, foreign ownership of agricultural land has long been a concern due to its implications for national security and the food supply. Under English common law, aliens were restricted from acquiring land without the approval of the King. This restriction was based on the … Read more