Overview
- Provincial deputies led by Facundo Tignanelli introduced a bill that would cap foreign ownership at 15% provincewide and per municipality, limit any single nationality to 30% of that cap, restrict holdings in the agricultural 'zona núcleo' to 1,000 hectares, create a Provincial Registry of Rural Lands and require state authorization for purchases in designated strategic areas.
- Authors say the measure directly responds to DNU 70/2023, which repealed the 2011 national Law of Tierras and its national land registry, and argue the province has legal authority to protect natural resources under the constitutional division of domain.
- At the national level the government is pushing the Inviolability of Private Property package that would remove limits on foreign land purchases and add the Súper RIGI investment incentives, but key votes are not secured and the bill faces active opposition inside the Senate.
- The Unión Cívica Radical’s leadership is campaigning to persuade its senators to reject the change and Senator Alejandra Vigo has publicly said she will vote against eliminating the limits, while an internal split in Misiones leaves two allied senators’ positions unclear and makes the Senate math unpredictable.
- If Buenos Aires’ proposal advances, it would force existing foreign owners to register and could bar new transfers in water-rich or sensitive zones, a move that supporters say protects local water and food sovereignty and opponents warn could clash with national investment incentives and international arbitration risks; the provincial bill now awaits debate as the Senate prepares its contested session.