Geographical
Distributions

Characteristics of
Foreign Owners

various percentage interests in 883,000 acres. The other two
companies, accounting for 793,000 and 886,000 acres, are U.S.
companies which became foreign persons because they passed the
5-percent AFIDA threshold figure which defines foreign owner—
ship. °

Georgia, South Carolina, and Hawaii have the next largest pro-
portions of reported foreign-owned agricultural land to all
privately owned agricultural land in their States.

To more accurately examine the location of foreign investment in
U.S. agricultural land, an analysis of such investment was made
at a descriptive level which is mre location specific than pro-
vided by statewide data. In a recent report, ‘3/ data collected
under AFIDA through December 31, 1982, were calculated to give
levels of foreign investment in agricultural land by county. In
another report examining the location of foreign investment, 4/
the geographic distribution of U.S. agricultural land acquired
by foreign investors between 1980 and 1982 was shown to differ
significantly from the distribution of land purchased prior to
1980. Analysis of the variation in distributions suggests that
the activitiés of real estate agents and monetary exchange rates
influence the location and timing of foreign investment.

Type of Foreign Owner--Individuals are the most common type of
owner. They|account for 51 percent of the owners, followed by
corporations, 34 percent, and partnerships, 12 percent (table
2). The remaining 3 percent of the owners are estates, trusts,
institutions, associations, and others such as real estate in-
vestment trusts, church groups, and foreign organizations not
identifiable| with the above categories.

Corporations| own 50 percent of the parcels and 83 percent of the
acreage; individuals, 36 percent of the parcels and 7 percent of
the acreage;| partnerships, 12 percent of the parcels and 9 per-
cent of the acreage; and all others, 2 percent of the parcels
and 1 percent of the acreage. When partial interests are taken
into account|, foreign-owned acreage drops from 13.7 million
acres to an equivalent of 12.4 million, but distribution among
the types of| owmers remains virtually the same.

Corporate-held parcels average 1,536 acres, or 3,952 acres per
holder, while individual-held parcels average 173 acres, or 213
acres per holder. Partnership holdings average 715 acres per
parcel, or 1,223 acres per holder, and all other holdings
average 572 acres per parcel, or 659 acres per holder.

37 T. A. (Majchrowicz & J. P. DeBraal, Foreign Ownership of
U.S. Agricultural Land Through December 31, 1982: County-Level



FABLE. L¥eoTENURE OF FORE IGNCOWNED
UsSe AGRICULTURAL LANDHOLDINGS»
DECEMBER 31> 1963

(NUMBER )
SQoseCoPepsleceepecsooeDDSOaswEse DESC Deas AFOS
TENURE | PARCELS t ACRES

coonoterararecccasentooscenearacalncorsccconoe

CURRENTS |
FOREIGN OWNER | Sol24 699060973
MANAGER | 10150 7469409
TENANT | 49971 301769853
NO REPORT ' 20553 299000035

|
TOTAL | 1409806 1307399602

|

RENTALS |
crop | 19795 7040221
CASH ! 39462 296265315
BOTH ! 90 969524
NO REPORY ! 49335 304059569
NOT APPLICABLE ' 59124 609060973

'
TOTAL | 140806 1397390602

t

INTENDED CHANGES |
NONE | 59636 597840071
NEW | 50246 400239961
BOTH | 39 329673
NO REPORT ' 30887 3508990097

|
TOTAL ! 149806 1397390602

poeancutceceeracceectoacescrecusmsmeceawea-oe

of the parcels containing 29 percent of the acres indicate a new
tenure arrangement on at least part of the land. The number of
acres affected by the new tenure arrangements are not reported.
Thus, the acreage may be overstated; that is, all of the acres
in these parcels are not necessarliy affected by new tenure
arrangements. Nevertheless, reports for 0.3 percent of the
parcels, accounting for 0.2 percent of the acres, indicated that
some of the tentire arrangements would remain the same and some
would change. No responses on tenure changes were received for
26 percent of the parcels containing 28 percent of the acres.

In the South, new tenure arrangements were reported for 48 per-
cent of the parcels containing 43 percent of the acres, whereas
no tenure change was reported for 35 percent.of the parcels and
29 percent of the acres. The North Central region also has
more acres and parcels reporting tenure changes than the West
and Northeast which reported more parcels and acres with the
same tenure arrangements than new ones. However, in the North-
east, reports for 47 percent of the parcels accounting for 52


TABLE 1

2--0.5.
NONAGRICULTURAL

FOREST AND OTHER

LANDHOLDINGS OF FOREIGN OWNERS BY STATE,

DECEMBER 31, 1983
(SUBBER)
1 1
STATE i 1
AND U.S. | PARCELS | ACRES
TERRITORY i {
_ _ 1 1
i
ALABAMA 1 372 523,976
ALASKA 1 1 337
ARIZONA I 2 95
ARKANSAS i 13 3,896
CALIFORNIA 1 15 232,857
COLORADO 1 5 3,027
CONNECTICUT 1 1 25
FLORIDA \ 48 68,621
GEORGIA I 527 846,698
HAWAIL 1 1 84
IDAHO rl 12 145,261
ILLINOIS i W 1,471
INDIANA 1 1 13
KANSAS 1 7 11,298
KENTUCKY 1 6 2,929
LOUISIANA \ 1 20,802
MAINE 1 87 =. 2, 658, 346
MARYLAND 1 1 50
MASSACHUSETTS | 2 192
MICHIGAN i 23 180,183
MINNESOTA dl 49 202,425
MISSISSIPPI 1 40 198,194
MISSOURL i 11 3,863
MONTANA 1 16 3,764
NEH HAMPSHIRE i 19 106, 442
NEW JERSEY I 5 273
NEW YORK i 97 318,403
NORTH CAROLINA 1 254 119,001
OHIO I 13 910
OKLAHOMA 1 1 12
OREGON 1 33 343, 750
PENNSYLVANIA 1 25 136, 252
SOUTH CAROLINA i 816 438,799
TENNESSEE 1 174 316,328
TEXAS 1 24 12,438
VERMONT 1 154 49,913
VIRGINIA 1 55 32,482
WASHINGTON 1 170 279,140
WEST VIRGINIA 1 27 22, 805
WISCONSIN 1 8 1,508
i}

TOTAL { 3,137 7,286, 863


TABLE 22--VALUE OF AGRECULTURAL LAND BCQUESIZIONS BY TYPE
[oF YOREIGH OWNER, JABUARY 1-DECESBER 31, 1983

) i] i 1 '
1 1 ACRES ft 4 acess |
1 1 WITH { PURCHASE | JITH 1 HoH
| OWNERS .{ PURCHASE | PRICE | MOH 1 PURCHAS:
OWNER | REPORTING | PRICE | (1,000 | PURCHASE |  PRICB
(| (HUMBER) { REPORTED | DOLLARS) { PRICE | (1,000
1 4 (WUmBEE) | 1 REPORTED ‘| DOLLARS;
4 y 4 { (BUBBER) |
n i i n n
4
IMDIVIDUAL | 178 36,232 49,664 3,031 26
CORPORATION |i 166 231, 243 257,495 20,133 8,
PARTHERSHIP |} 46 35,795 55,576 4,176 36
TRUST I 5 479 1,903 783
1
TOTAL 1 395 303,699 364,138 28,123 14,
4
4 1 4 1
1 ACRES ' 4 ACRES 1
rl GITE | CURRENT f WITH 1 EQUITY
{| CURREET 1 VALUE f EQUITY | (1,000
1 VALUE i (1,000 1 REPORTED {| DOLLARS)
| REPORTED | DOLLARS) {| (HUMBER) |
1 (HUBBER) 1 1 i]
1 1 1 L
i
‘IMDIVIDUAL | 1 39,233 52,435 39,192 492,
CORPORATION | 251,083 268,814 296,516 139,
PARTNERSHIP | | 39,921 60,177 39,861 32,
TRUST 1 479 1,403 479
4
TOTAL 1 330,676 382,829 326,048 215,
iN

Equity is frequently used to measure net foreign investment
transfer. |To approximate equity, debt was subtracted from
current value for all reports that provided information on debt
and current value. The 571 reports providing information on
debt, $164|,846,000, and current value, $380,138,000, resulted
in an equilty figure of $215,292,000 (table 22). These figures
reveal an equity figure of 57 percent in relation to current
value.

Country of Origin--U.S. corporations with foreign interests ac
quired 63 [percent of the acreage; foreign persons not affiliat
with a U.S. corporation acquired the remaining 37 percent (tab
23). Foreign persons from Canada and West Germany and the
United Kingdom accounted for the largest number of parcels re~
ported, representing 34 percent of the reported acreage during
the period. An additional 20 percent of the acreage is owned
U.S./Third Tier entities, U.S. corporations without an identi-
fiable country of origian because no foreign country of origin
listed though the third tier of ownership.

Most of the acres acquired during this period were in the Sout

_ eee ta



Definitions

creation, and principal place of business. Failure to comply
with AFIDA| subjects the foreign owner to a possible civil pena!
ty of up to 25 percent of the fair market value of the interest
held in the land in question.

In accordance with section 7 of the act, completed report form
are made available for public inspection in Washington, D.C.,
within 10 days of receipt by the Secretary. Section 6 of the
act requires that every 6 months the Secretary transmit to eacl
State completed report forms for foreign-owned agricultural
land in that State.

For this report, the term “holdings” applies to all U.S. agri-
cultural land owned by foreign persons as of December 31, 1983
For those |transactions which occurred in 1983, the terms "ac~
quisitions" and “dispositions” refer to U.S. agricultural land
acquired or disposed of, respectively, by foreign persons.
These terms are used as the titles for the subsequent sections
analyzing |the data reported under the act.

“Agricultural land" is defined in the act as all land used for
agricultural, forestry, or timber production purposes. The
regulations further refine this definition by including idle
land if its last use within the past 5 years was for agricultt
al, forestry, or timber production purposes. The regulations
exempt all land that is held in parcels of not more than 1 acti
in the aggregate from which agricultural, foresty, or timber
products bre less than $1,000 in annual gross sales and such
products are for the use of the person holding an interest in
the land.

AFIDA requires reporting “any interest" in the land other tha
a security interest (a mortgage or other debt-securing instru
ment). The regulations exempt leaseholds of less than 10 yea
duration | contingent future interests, and those noncontingen
future interests that do not become possessory upon terminati
of the present estate. In addition, nonagricultural easement
and rights-of-way are exempt. In an interpretation issued by
the U.S. |Department of Agriculture (USDA), an interest solely
in mineral rights is also exempt.

A “foreign person,” as defined in the act, includes any indiv
dual who|1) is not a U.S. citizen or national, 2) is not a ci
zen of the Northern Mariana Islands or the Trust Territories
the Pacific Islands, or 3) is not lawfully admitted into the
United States for permanent residence. Any person who holds
Immigration and Naturalization Service Form I-151, I-155, or
1-551 (green card) is considered lawfully admitted for permar
residence and is exempt from the requirements of the act. Ft
eign governments, entities which are created under the laws «

or have their principal place of business in a foreign count
— = _ eg gg ct ant Fnreion in:


Transfers by foreign investors to U.S. -purchasers accounted for
59 percent lof the parcels and 72 percent of the acres (table
34). Reports for 23 percent of the parcelé and 10 percent of t
acres indicated that they were transferred to: other known forei
persons. Reports for 12 percent of the parcels covering 14 per
cent of the acres indicated dispositions to persons of unknown
citizenship.

Corporations. were the most active type of foreign owner disposi
of land--accounting for 49 percent: of the owners, 55 percent of
the parcels, and 79 percent of the acres (table 35). In compar
son, individuals accounted for 35 percent of the owmers, 27 per
cent of the parcels, and 10 percent of the acres.

Size of Disposition—-The most acreage disposed was for parcels
with 1,000 jor more acres, accounting for 87 percent of the acre
(table 36) As should be expected, sales prices per acre were
higher for jsmaller parcels. Average selling price of acreage i
the less than 20-acre range was $35,569 per acre compared with
$278 per acre in the 1,000 or more acre range. Average selling
price of alll reported dispositions was $1,090 per acre.

Count: of \Origin--Foreign persons from Canada and West Germany
and U.S./UJK. corporations disposed of the most parcels of land

accounting |for 50 percent of the disposed parcels (table 37).
The most acreage was disposed by U.S./Luxembourg corporations
which sold |51.percent of all the dispositions acreage.

Most of the dispositions occurred in the West, covering 19 per-
cent of the parcels and 66.percent of the acres (table 38).
U.S./Luxembourg corporations disposed of 77 percent of the acre
in this region. The South accounted for 61 percent of the dis-
posed parcels and 28 percent of the acres. . Foreign persons fro
Canada and junidentifiable Third Tier’ foreign persons not associ’
ated with a U.S. corporation were responsible for 45 percent of
the acres disposed in the South.

OF the acres disposed in the report period, 10 percent were
cropland, 6/8 percent pasture, and 15 percent forest land (table
39). .The largest dispositions of cropland were made by foreign
persons from Canada not affiliated with a U.S. corporation,
‘foreign persons from West Germany, and U.S./Panama. corporations
which accounted for 47. percent of the disposed acres in this
land-use category. U.S./Luxembourg corporations disposed of th
most pastureland, 75 percent of the total. U.S./Canada corpo-
rations disposed of the greatest amount of forest land, 53 -per-
cent, followed by unidentifiable Third Tier foreign persons not
associated path a U.S. corporation, accounting for 29 percent o:
the forest dispositions.

The data for 1983 are skewed toward the first three quarters of


Tenure

Tenure Change

Foreign owners directly operate 42 percent of the parcels ac-
quired during the period and 62 percent of the acres, whereas
tenants operate 30 percent of the parcels and 19 percent of the
acres (table 32). Managers, however, operate only 8 percent of
the parcels and 8 percent of the acres. No responses on tenure
were received for 20 percent of the parcels covering 11 percent
of the acres. Foreign owners operate parcels accounting for 41
percent of |the value, whereas tenants operate parcels accountin
for 34 percent of the value.

Rental agreements were reported for 31 percent of the parcels
covering 21 percent of the acres acquired during this period.
Of the rental agreements, cash agreements accounted for 72 per-
cent of the parcels covering 71 percent of the acres.

Reports for 37 percent of the parcels acquired during the perio
indicate no tenure change for 29 percent of the acreage (table
32). Reports for 41 percent of the acquired parcels containing
59 percent jof the acres indicated a tenure. change. Because the
number of acres affected by new tenure arrangements was not re-
ported, the acreage may be overstated; that is, all of these
acres are not necessarily affected by new tenure arrangements.
No responses on tenure change were made for 22 percent of the
parcels accounting for 12 percent of the acres.

TABLE 32--TRSURE OF FORRIGH-OWNED -: je AGRICULTURAL LAND ACQUISITIO!
JANUARY 1-DECEABER 31, 1983
i . 1 1
1 PARCELS 1 ACRES i VALUE
TENURE i REPORTED 1. (HUMBER) f (1,000
1 (HUMBER) 1 1 DOLLARS)
i 4 1
1
‘CURREET: 1
FOREIGH OWNER 1 250 205,620 154
BAHAGER 1 45 28,659 30
TEMANT 1 174 62,716 130
NO REPORT 1 118 34,827 63
1
TOTAL 1 587 331, 822 378
4
REDTAL: i
CROP 1 51 19,519 31
CASH 1 129 48,534 116
wO BEPORT i 157 58, 149 76
WOT APPLICABLE 1 250 205,620 154
i
TOTAL 1 587 331,822 . 378
i)
IBTENDED CHANGE: i
WOKE t 216 96,956 165
NEW 1 241 196,976 146
NO REPORT | 130 37,890 67
(
TOTAL 1 587 331, 622 378



TABLE 39--DISPOSITIONS OF U.!

‘Ss AGRICULTURAL LAND BY COUNTRY OF FOREIGN OWNER, BY USE,
|SABUARY 1-DECEABEE 31, 1983

(ACRES)
1 al 1 1 1 v 1
couuTaY | CROPLAND | PASTURE | FOREST | OTHER OTHER NON- | HO USAGE | TOTAL
1 t | 1 JAGRICULTORE| AGRICULTURE] REPORTED |
‘ 1 1 1 L n i mn
~
ARGENTINA a 70 C) ) 90 ) C) 160
AUSTRALIA 1 0) 0 0 Oo} 59 0 59
AUSTRIA ' 640 0 50 0 0 0 690
BELGIOR ' 0 266 0 0 0 0 266
BERMUDA 1 0 0 0 718 0 0 718
BRAZIL 1 156 50 0 10 C) r) 216
CANADA f 3,451 16,112 1,071 4,517 304 r) 25,455
CHINA f 0 0 0 5 0 0 5
COLOMBIA 1 79 10 0 0 ° 0 89
FRANCE ' 568 300 0 260 0 0 1,128
GERMANY (REST) f 2,541 761 456 270 140 0 4,168
HONG KONG i 0 0 0 36 4 0 40
INDONESIA 1 7 0 0 ) ) 0 17
TRAY 1 140 0 0 0 0 0 140
ITALY 1 0 C) 0 0 12 0 12
LIECHTENSTEIN f 1,570 0 122 15 58 0 1,765
BEXICO ' 931 2,017 0 0 330 ) 3,178
NETHERLANDS 1 1,672 0 482 40 370 Q 2,564
NETHERLANDS ARTILLES = | 1,280 672 632 70 192 0) 2,896
PANABA I 72 0 0 0 0 0 72
SWEDEN 1 C) 0 0 9 0 0 9
SWITZERLAND 1 46 723 830 23 121 0 1,743
SYRIA 1 0 1,144 1,947 0 0 0 3,091
UNITED KINGDOR I 0 188 0 672 1% 0 934
VENEZUELA 1 643 54 0 0 415 ) 1,112
AULTIPLE 1 ° 0 1 0 0 0 1
THIRD TIER i 0 C) 10,332 0 0 0 10,332
1
SUBTOTAL 1/ 1 13,776 22,297 15,923 6,735 2,079 C) 60,810
1
US/CANADA 4 742 4,560 18,673 25 161 o 24,161
US/PRANCE ' 5 178 4 53 3,103 0 3,343
-U5/GERMANY (WEST) | 1,271 2,717 0 0 50 0 4,038
US/IAPAR I 203 159 0 0 0 0 362
US/LIECHTENSTEIN ~ 1 366 37 50 0 25 0 478
US/LUXEBMBOURG I 0 117,000 0 0 1 0 117,001
US/MEXICO t 0 0 0. 0 7 0 7
US/NETHERLANDS 4 149 6 2 46 nN ri) 274
US/NETHERLANDS ANTILLES| 0 0 0 0 13 C) 13
US/NEW HEBRIDES 1 0 15 0 ) 2 0 27
US/PANABA f 39753 3,545 0 0 0 ° 7,298
US/SWITZERLAND | I 1,989 280 346 98 15 0 2,788
US/UNITED KINGDOM 1 1,047 5,564 243 345 1,186 C) 8,385
US/VENEZUELA 1 40 0. 0 5 0 0 45
US/AULTIPLE 1 0 0 78 0 0 C) 78
1
SUBTOTAL 2/ ' 9,565 134,061 19,396 572 4,714 0 168, 308
1
TOTAL ALL f
LARD DISPOSITIONS i 23,341 156,358 35,319 7,307 6,793 0 = 229,118
i

‘ |
Y TOTAL INTERESTS BXCLUDING U.S. CORPORATIONS WITH FOREIGN SHAREHOLDERS.

2/ TOTAL INTERESTS OF U.S. CORPORATIONS WITH POREIGN SHAREHOLDERS.



AP.

PENDIX;:

REPORT FORM ASCS-153

Form Approved - OMB No

ASCS-153
(3-28-79)

AGRICULTURAL FOREIGN INVESTMENT DISCLOSURE ACT REPORT
NOTE: Read Instructions on Reverse Before Filling in Any Data Below. If

Additional Space is Needed, Use Reverse.

U, 5. DEPARTMENT OF [AGRICUL TURE
Agricultural Stabilizotion and |Conservation Service

A LAND
HOLDING

BLAND pe
ACQUISITION
D LAND USE CHANGE E

TO AGRICULTURE

T.TYPE ACTIVITY (See Feverae) (Check one)

CLAN
BIsp

LAND USE CH.
NON-AGRICUL

TEM

TEM

2. Tract Location and Description

RD LEGAL DESCRIPTION OR ASCS TRACT NUMBER

5. Type of Interest Hold by Foreign Person (Check one)

A

Fee Interest (ownership) Whole

. Fee Interest (ownership) Partial

Taare

._ Life Estate

Trust Beneficiary

Option

A} s}olola

". Purchase Contract

B, COUNTY OF PARISH rs

aa

ACRES

D. STATE

. Other (explain)

E. F.P. TRACT 1D (Office Use Only) 6. How was this Tract Acquired or Transferred?
3. Foreign Person - Owner of Tract (in item 2A) (See Reverse) A. Cash Transaction _
NAME B._Credit or Installment Transaction
C. Trade
B. 1D NO.(Nine digite) ea oO D. Gift or Inheritance
C. ADDRESS (Street, City, State/Province, Country) E. Foreclosure
F. Other (explain)
D. Person Receiving This Tract. Complete ONLY/|f item 1C - Land 7. Land Value, Including Improvements
Disposition - is checked. A. Purchase Price of Land
1 NAME

2, ADDRESS (Street, Cily, State/Province, Country)

Non-Purchase, Estimated Value at the
Time of Acquisition

B

land disposition, the selling price of the

What is the estimated current value or if a ]

_tract of land,
S CITIZENSHIP | €. How much of purchase price in Item 7A
usa] roreien(O) unknown CJ + How much of pus
paid
E Tipe ‘of Owner (Check one) CHECK =
1. Individual (including husband/twife) 8. Dato of Aca r NTH WEAR
Transfer (see reverse)
a Citizenship of Individual | 9, Current Land Use (usual use; for Idle, check aches
2. Government (name of country) _| I I “Other”. Report in Whole Numbers,
3. Organization (list on the reverse the Nome] Address ond Country ‘A. Crop (specify by dcreage on reverse)
of all other foreign persons holding an interdst in this tract). B, Pasture
a Type l C. Forest or Timber
> pommoration. | D. Other Agriculture
3) Estate E, Other Non-Agriculture
4) Trust F, Total (should equal 2C)
3) Institution | 10, Intended Uso as of This Date (Check one)
A. No Ch
6) Association I 10 ane
7) Other B. Other Agriculture
B. Gov't oF country under whose | C._ Other Non-Agriculture
Jave the organization is created 11. Relationship of Foreign Owner to Producer

¢. Principal place of business (for ]
organizations only) (see reverse)

A. Producer is (check one):

4,_Ropresentative of Foreign Investor (completing form, if applicable)

1. Foreign owner

NAME

2. Manager

B, ADDRESS (Street, State and Country)

3. Tenant or sharecropper

B. Rental agreement is (check one):

1. A crop share

¢, TELEPHONE No. (Area Code)

2. Cash or fixed rent

D. Relationship of Representative to Foreign Person



TABLES 27--U.$- FOREST AND OTHER NONAGBICOLEUDAL LAED
ACQUISITIONS OF FOREIGE OWNERS BY STASE,
qanuan? 1-DECEABER 31, 1983

f ( ‘
STATE 1 PARCELS i ACRES I VALUE
AND U.S. 1 REPORTED 1 (HUBBER) 4 (1,000
TERRITORY 1 (HUMBER) 1 ‘ 1 DOLLABS) 1/

4 _L 4

i
ALABAMA I 16 5,785 3,029
COMMECTICUT i 1 25 15
GEORGIA 1 57 99,916 62,299
ILLINOIS t 2 12 W
SAIBE 1 13 30,685: 5,231
AIMMNESOTA 1 4 240 40
MISSISSIPPI i 1 30 127
NEW HAMPSHIRE i 4 3,154 990
HEW YORK t 2 1,157 132
WORTH CAROLINA 1 3 278 103
OHLO 1 1 20 1
OREGON 1 1 240 265
SOUTH CAROLIBA 1 20 6,766 4,164
TEMNESSEB 1 7 2,785 596
TEXAS 1 1 1,285 1,300
VERAONT 1 4 3,371 1,069
VIRGINIA 1 3 90 97

i

TOTAL t 140 155,799 80,069
1

|
yy VaLog Is PURCHASE PRICE OR NONPURCHASE PRICE (ESTIBATED. VALUE) -

TABLE 28--U.S. FOREST AND OTHER Ki

BY COUBTRY: OF| FOREIGN OWNER,

uaRE

\GRICULTURAL LABD ACQUISITIONS
T-DECEBBER 31, 1983

i
OWNERS | PARCELS

‘
t 1 ACRES 1 VALUE
COUNTRY {REPORTING | REPORTED | (WUMBEE) | (1,000

1 (MUMBER) | (HOSBER) 1 1 DOLLARS) 1/

1 1 4 1

t
AUSTRIA 1 1 2 3,309 1,782
CANADA 1 3. 3 2,508 419
DEHMABK 1 1 1 240 265
FRANCE 1 1 2 2,193 860
GERMANY (WEST) t 10 4 10,452 8,185
SWITZERLAND i} 2 2 247 100
UMITED KINGDOM 1 1 1 841 B48
THIED TIER 1 1 6 4,656 3,501

1

SUBTOTAL 2/ 1 20 31 28,446 15,960

‘ :
US/CABADA i 3 32 33,907 7,870
US/FRANCE 1 1 1 1,118 280
US/GERBANY (WES) t 2 2 343 115
US/METHEBLAEDS i 2 5 14,233 696
US/NETHERLAMDS ANTILLES| 2 3 160 257
US/HOBEAY 1 1 1 25 15
US/PANABA 1 1 1 1,630 480
US/SAUDI ARABIA t 1 2 257 341
US/SWITZERLAED i) 1 1 616 776
US/UMITED KINGDON 1 10 33 11,950 4,505
US/THIRD TIER i 1 28 67,114 48,774

4

SUBTOTAL 3/ 1 25 109 131,353 64,109

4
TOTAL 1 4s 140 155,799

a

80,069



{TABLG| 6o0VALUE: OF POREIGNOWNED UoSo AGRICULTURAL LANDHOLDINGS
BY DATE: OF ACQUISITION, DGCBHDER Dly 1903
eraoowenonarane!
i i 1 acres | 1 acres
i} ! 1 WITH 1 PURCHASE | WITH 1 NON®
DATE | PARCELS | ACRES | PURCHASE | PRICE 1/ | | NONe | PURCHASE
ACQUIRED | (NUMBER) | (NUMBER) | PRICE | (19000 | PURCHASE | PRICE WV
' ! | REPORTED | DOLLARS) | PRICE | (19000
1 ' 1 (NuMBER) | | REPORTED | DOLLARS)
' ! 1 1 { (NUMBER) I
covorenenenel: oe oor dewccovesneeba-coornse=
1983 ! 387 3310822 3039699 3669138 209125 14938
1982 ! 19223 7711092 5459336 7489401 2259758 76947(
1981 1 17908 391160610 190230679 142400017 290920981 198.1485
1980 ' 10793 191819911 101290693. 193679108 529218 95008!
1979 ' 29166 204039613 2e2960752 1 7460852 1079061 1299156
1978 1 19600 6809916 6680871 9159847 129045 129756
1977 t 19119 6239669 6129662 4610955 114007 19378
1976 ' 771 $359961 4519683 2679568 8469278 119768
1975 1 496 2950178 2909086 1459861 52096 3915
1974270 ! 19431 9359555 8744120 4629728 610435 13962.
1969260 ' 1e116 103650356 162659973 1849056 999381 8919"
BEFORE 1960 | 590 196799027 193694719 671262 1099308 49051
NO REPORT | 6 1897146 169714 20876 °
1
TOTAL ' 169806 1347399602 1098509963 799749629 270869639 = 29190987
len oeeere: a ereneqenceonancncnasenarenn
{ ACRES 1 REPORTED ' ADJUSTED
| WITH ' CURRENT ! CURRENT
' CURRENT ' VALUE. 2/ ! VALUE 3/
' VALUE ! (19000 ' (14000
i) REPORTED 1 DOLLARS) i) DOLLARS)
' (NUMBER) ! !
| eLewwencccrncererere wonmeececes: 4.
!
1983 1 3309676 3829829 302982
1982 ' 7709936 8639946 838102
1981 ' 39098099 390530152 21869996
1980 1 190709936 142109832 19194945
1979 t 292530452 115899067 19732908
1978 ' 5669530 9419079 19025077
1977 ' 4739925 6679735 127983
1976 ! 4709878 3259354 354963
1975 t 1759862 191968
197470 1 5639563 614928
1969260 1 9179463 3209829 34997
BEFORE 1960 | 6279269 1669517 16195
NO REPORT | 189554 Se2i2 Seo
'
1 1195939730 1092739977 10946804

A Bf PURCHASE PRICE AND NONPURCHASE PRICE (ESTIMATED VALUE) AT TIME: OF
COUISITION,
2/ REPORTED CURRENT VALUE REFLECTS VALUE AT TIHE OF REPORTING AFTER FEBRUARY 1

19794
7 REPORTED CURRENT VALUE ADJUSTED TO APRIL ly 1963, REPORTED CURRENT VALUE Fi

HOLDINGS ACQUIRED IN 1963: 1S UNADJUSTED.

average annual change in farmland value, the total adjusted
current value will differ from that of table 6. Simply
explained, |not 211 land values in table 6 would have changed
at the national average. Therefore, the total adjusted current
value in tdble 7 should be a better measure of value than that
of table 6! The total adjusted current value by State indicate
a ll-percent increase in reported current value.

Country of |Origin--Of the 13,739,602 acres of foreign-held agri
cultural land reported by foreign’ persons, 63 percent is held b
U.S. corporations with foreign interests. The remaining 37
percent is|held by foreign persons not connected with a U.S.


Acquisitions

Concentration of
Foreign Acquisi-
tions of U.S. «*
Agricultural Land

Characteristics
of Foreign Owners

The data in| this section are net figures for U.S. agricultural
land acquired by foreign persons between January 1 and December
31, 1983; that is, the total reported aquisitions data for the
year less dispositions data for lands that were acquired and

disposed during the year.

Foreign persons reported that they acquired 587 parcels of U.S.
agricultural land covering 331,822 acres during 1983 (tables 18
and 19). Included in these acquisitions data are reports filed
by U.S. entities which became foreign during 1983. This change
occurs when a 5-~percent or more interest in a U.S. entity is
subsequently acquired by a foreign person. Consequently, all
of the reported acres are not necessarily recent land purchases
These acquisitions could include land held for any length of
time by a U.S. entity which recently came within the definition
of foreign|person under the act.

The reported acquisitions data should be regarded‘as preliminar
in that it |understates to some degree the total acreage acquire
by foreign|persons during the 1983 report year. Because foreig
persons have a statutory 90 days within which to report their
acquisitions, not all of the acquisitions acquired in the 90
days preceding the December 31, 1983, closing date of this re~
port were received for processing by USDA. Therefore, many re~
ports for the months of October, November, and December are not
included in this report. Table 40 shows that the distribution
of acquisition dates during 1983 is skewed toward the first
three quarters of the year. In addition, a further understate-
ment of the acreage acquired by foreign persons in 1983 would
result fron transaction reports that were not timely filed and/
or completed ‘by the closing date of this report. Consequently,
these reports would not have been processed for inclusion in
this report.

Colorado, Florida, Georgia, Maine, and Texas are reported to
have the largest acreages acquired from January 1 through
December 31, 1983 (table 18). Their total of 222,104 acres
represents 67 percent of the acres acquired during this period:

Type of Foreign Owner--Corporations reported acquiring 55 per-

cent of the parcels during this period (table 19). Individual:
account for 12 percent of the acres acquired during this perio
corporations, 76 percent; partnerships, 12 percent; and trusts
1 percent.| When partial interests of foreign investors are
taken into account, the total acreage figure drops from 331,82
to an acreage equivalent of 311,133, but the distribution amon
the types |of owners remains virtually the same.

Comnnratidnes acauired an average of 773 acres per parcel, or


PREFACE This report is made pursuant to section 5 of the Agricultural
Foreign Investment Disclosure Act of 1978 which requires the
Secretary of Agriculture to (1) analyze information on foreign
ownership of U.S. agricultural land (farmland and forestry) re-
quired to be reported under the act; (2) determine the impact
of such ownership, particularly the effects on family farms and
Yural communites; and (3) determine the efficiency and effective-
ness of the reporting requirements. The act requires an annual
Teport on a calendar-year basis. This report covers information
received through December 31, 1983.

CONTENTS Page

LIST OF TABLES. ee ee eee eee ee ee ee ee ee e E
INTRODUCTION. 2 ee ee ee ee ee ee ee ee ee ee OL

Summary of the Act 2. 2 ee ee ee eee eee eve 1
Definitions . 6 6 6 6 6 ee ee ee ew ww rr wwe 2

ANALYSIS OF DATA REPORTED UNDER THE ACT . 2.22 ee ee 5

Holdings «2 6 eee eee eee see eee enn 5
Acquisitions . 2. 6 2 ee ee ee ewe ee wee 30
Dispositions and Land-Use and Status Changes .... 43
Trends 2. 6 ee eee ee eee wee eee we ee ee ew) AG

IMPACTS OF FOREIGN OWNERSHIP . «1. 2 se ee eee eevee 50

EFFICIENCY AND EFFECTIVENESS . «+ 6 ee ee eee eee 51


TABLE 1leeUSE OF Ue.S. AGRICULTURAL LANDHOLDINGS BY COUNTRY OF FOREIGN OWNER®
DECEMBER 31 AbgeeerconTinuen

COUNTRY

een e tener en wnen ene nn end,

TURKS ISLANDS
UNITED ARGR EMIRATES
UNITED KINGDOM
URUGUAY
UsS.SePe
VENEZUELA
VIETNAM
YUGOSLAVIA
MULTIPLE
MULTIPLE < 5%
THIRD TIER

SUBTOTAL 1/

1
'
1
t
'
t
f
i
'
t
t
t
'
US/ARGENTINA (
US/AUSTRALTA t
US/AUSTRIA t
US/RAHAMAS t
US/BELGTUM t
US/BERMUDA '
US/9R.AZIL t
US/BRITISH VIRGIN '
Astanus '
us/catiaoa '
US/CAYMAN ISLANDS '
US/CHINA i
US/COLOMBIA '
US/DENMARK '
UsvecuanoR '
US/EGYPT !
US/EL SALvavaR |
US/F INLAND 1
US/ERANCE '
US/GERMANY (WEST) '
US/GREECE '
US/GUATEMALA '
US/GUYANA '
US/HONG KANG !
US/TRAN '
US/IRAO '
US/ITALY f
US/ Japan !
US/KOREA (SOUTH) '
US/KUWATT '
US/LERANON '
US/RIBERTA i
US/LIBYAN ARAR REPUBLIC!
US/LIECHTENSTEIN i
US/LUXEMBOURG '
US/MALAYSTO '
US/MEXICO '
US/NETHERL ANOS 1
US/NETHERLANDS ANTILLES!
US/NEW HERR IDES '
UIS/NTCAP AGHA '
US/NORNBY t
US/PANAMA '
US/PHILTPPINES '
US/SAUNT ARABIA '
US/SQUTH AFRICA '
US/SPAIN '
US/SWEDEN '
US/SWITZERLAND ‘
US/TATWAN !
US/THATLAND. ‘
US/TPINTOAD & TOBAGO Tt
US/TURKEY '
US/UNTTEO KINGDOM '
US/URUGUAY ‘
US/VENEZUELA '
US/MULTIPLE '
US/MULTIPLE < 5% 1
US/THIRN TIER !
'

1

1

'

4

SUBTOTAL 2/

TOTAL ALL
LANDHOLOINGS,

191726457

421
348
14905
164160
189525
14728
20306

952
551660
136968

866

284

292

0

°

12

0
23,092
1214250
23

0

°
1ell3
149183
800
150416
90897
0

428
50
20226
o

350076
129862
oO

Br 136
520936
924979

19300

9

9
229956
780
19933
19200
20297
20171
870455
44062
175

30

350
7100679
$58
419532
76579
270
119636

7419469

1499130926

1
PASTURE |
1
t

204

432
165+030
7916
130
69861
°

o

81648

0

387
LeS3le211

20931

. 304

1206R0
5903

349873
16387

0

689
964321
39829
0

14980
235
12589
40

°

°
441908
2679572
3e531L
392
oe)
59319
19067
°

119322
19386
63

310
140
18,852
0

49858
410317
C)

20r2.h
1549287
1064368
19533
242

9
3020681
iy
10088
49926
26
20909

1423808R3

267700096

OTHER

FOREST

1@

100
1269741
490

177
Sy710
152

10
30257

oO
1820377
197669199

°

oO

354
49291
29377
139706
0

109275
296010893
50734

a

50
19301
0

°
9

20975"

2210136
379764
a

9

9
196850170
905

a

299563
100291

°

°

133
41830
°

71990
41820
°
17032
739696
15¢760
0

40

140
16755
a

31009
178
19568
114
309291
18

°

°

°
9860315
iy

10178
1606593,

o
1229967

690480391

78129590

oO

10222

0

105
2969736

60687
16526
0

°

67

810
27
30213
460376
300
51999
20+920
116513
°

°

40
39106
9

°

50

142

0
21e718
0

7
°

°
620544
0

340
44)

68

240

2699431

5660165

1069976
23
30143
10385
237

$97

3660987

67591465

VOTHER NONe | NO USAGE
TAGRICULTURE| AGRICULTURE! REPORTED
be A.

°
°
°
°
°
°
°
0
0
0
°

19087

°
°
°
°
9
oO
°
9
°
o
°
°
9
°
°
°
°
°
0
°
°
0
°
°
°
°
°
9
9
9
9
°
°
9
°
9
°
°
tL)
9
0
°
9
°
°
°
0
°
9
°
°
°
s
9
9
°
°
°

w
2

y
¢

w
S
a

19682

TOTAL

19585
20A01
6019914
120459
035
250221
182

161
290988
$10
1069122

500750866

39560
Ans
149967
370673
gov1n2

129332
298360768
269318
a7
20286
10846
19589
120

12
30067
3280222
4900622
60769
12

334
196910629
40089
940
160753
260693
75

166

4ll
300186
280

620477,

1190078
300
329768
3419216
2370052

195279200
sal
470251
1740924
401
13803469

816639756

1307399602


TABLE 2--UeS. AGRICULTURAL LANOHOLDINGS BY TYPE OF FOREIGN OWNER:
DECEMBER 31, 1983

(NUBBERD
i] 1 i} 1 1
H 1 1 {PARCELS WITH ( ACREAGE
OWNER I CHNERS {| PARCELS | ACRES { PARTIAL |
| 1 1 VENTERESTS 1/ | EQUIVALENT 2/
it J i 1 1
4
INDIVIoUAL | 49292 59292 916.273 503 7830371
CORPGRATION | 21874 79395 1193569599 560 10 9245980
PARTNERSHIP I 17044 19787 142765848 259 191649195
ESTATE | 14 17 34970 2 39929
TRUST 1 204 283 169+720 10 164.911
INSTITUTION | 2 2 885 1 825
ASSOCIATION | 1 2 5780 2 3988 |
CTHER 1 17 28 $527 ) 99527
1
TOTAL 1 8.498 14,806 | 134739602 19337 1213764726
4

1/ PARCELS WITH PARTIAL INTERESTS ARE THOSE PARCELS WHICH ARE GWNED
ONLY IN PART BY THE FOREIGN INVESTCRs THAT IS, A PERCENTAGE INTEREST LE:
THAN 100 PERCENT.

2/ ACREAGE EQUIVALENT EQUALS THE TOTAL ACREAGE REPCRTED MULTIPLIED
THE PERCENTAGE HELD BY THE FCREIGN ChNER.

‘Size of Holding--Holdings are concentrated with smaller acreages
held by individuals and larger acreages held by corporations
(tables 2 and 3). Owners of parcels with less than 300 acres
(70 percent of all of the foreign owners) hold less than 3 per-
cent of the land and owners of parcels with 300 acres or more
(the remaining,30 percent) hold more than 97 percent of the land
(table 4). Part of this concentration can be explained by the
definition of agricultural land, which includes extensive uses
of land. such as ranching and forestry and intensive uses of land
such as orchards and vegetable farms. The different unit sizes
due to differences in use may also explain part of the acreage
differences among the States.

In States where foreigners own few parcels, the possibility of
one or two unusual situations prevents any generalization about
concentration. For example, one large timber holding by a
foreigner in a State with a large number of field-crop farms
could easily be misinterpreted to suggest that a single foreign—
er was taking over the farming of the State.

Purchase Price and Value of Holdings--As noted earlier under
“Type of Foreign Owner,” corporations own 83 percent of the
acreage. However, corporate purchase price and nonpurchase
price (estimated value) at time of acquisition account for only
75 percent of the total purchase price (table 5). The average
per acre purchase price and nonpurchase price (estimated value)
at time of acquisition was the lowest for corporations at $671;
followed by individuals, $1,018; partnerships, $1,076; and all
others, $1,233.

For recent acquisitions, purchase price generally will be close
to, but not necessarily the same as, current value. As time
Passes, purchase price becomes a poor indicator of current value.
For this reason, reported current value by date of acquisition

SS
BY


TABLE 8--U.S. AGRICULTURAL LANDHOLDINGS BY COUNTRY OF FOREIGN OWNER®
_ DECEMBER 31¢ 1983--CONTINUED

(NUMBER)
i {
COUNTRY | ChNERS 1 PARCELS ACRES
— 1 as
]
MGRUCCG | 2 4 675
NAMIBIA | 1 2 146
NETHERLANDS ! 463 707 138,011
NETHERLANOS ANTILLES =| 419 S41 5409158
NEW ZEALAND i] 6 6 367
NICARAGUA ! 2 3 15348
NIGERIA ' 1 1 14
NORWAY 1 29 29 79143
OMAN 1 3 5 449
PAKISTAN ] 7 9 20171
PANAMA 1 144 200 159,816
PERU 1 21 22 477
PHILIPPINES ' 30 41 20250
PGLANC | 1 1 147
PORTUGAL i 4 5 801
ST VINCENT 1 2 4 29637
SAUDI ARABLA 1 19 29 13,897
SINGAPCRE | 8 8 1909
SOUTH AFRICA ! 4 5 249
SPAIN ! 16 17 22619
SWEDEN | 16 18 64523
SWITZERLAND i 279 282 248,681
SYRIA | 5 6 5QLL
TAIWAN | 20 25 2—8ll
THAILAND 1 2 2 431
TRINIDAUETGBAGC | 3 4 1,667
TURK EY 1 2 2 558
TURKS ISLANOS f 9 10 1,585
UNITED ARAS EMIRATES = | 3 5 2.801
UNITEO KINGDOM 1 225 299 4012914
URUGLAY | 7 9 129459
UsS.SeRe | 2 4 835
VENEZUELA 1 99 142 25,221
VIETAAP ' 1 1 152
YUGOSLAVIA ! 2 2 161
MULTIPLE | 35 46 20,988
MULTIPLE < 5% 1 1 r 510
THIRD TIER t 6 423 184,122
: i :
SUBTCTAL 1/ | 65937 9320 520754846
US/ARGENT LNA t 1 2 35560
US/AUSTRALIA | 5 6 804
US/AUSTRIA 1 6 8 14,967
US/BAHAMAS ' 13 31 319473
US/BELGIUM | 24 37 609112
US/BERMUDA | 17 59 341676
US/BRAZIL | 3 ey 20927
US/BRITISH VIRGIN |

ISLANDS 1 7 15 12332
US/CANADA ' 283 1,044 296340748
US/C AYMAN 1SLANDS ' 2k 33 265318
US/CHINA __ | 4 4 870
SEE FOOTNOTES AT END OF TABLE CONTINUED-—


TABLE 4--FOREIGN-OWNED U.S. AGRICULTURAL LANOHOLOINGS
BY SIZE OF HOLDING, DECEMBER 31, 1983

1 4 1
SIZE 1 CHNERS i) PARCELS r) ACRES
(ACRES) 1 (NUMBER) 1 (NUMBER) 1 (NUABER)
4 1 1
4
LESS THAN 20 1 29205 25318 164248
20-59 1 19435 19647 500237
60-99 | 718 948 560018
100-299 1 15564 2206¢ 2752895
300-999 1 1,493 20250 834,560
1000 OR MORE 1 1,083 50577 1295060644
1 :
TOTAL 1 85498 14,80€ 139 739,602
------. __---_-1
TABLE 5—VALUE GF U.S. AGRICULTURAL LANDHCLOINGS
BY TYPE OF FOREIGN OWNER» DECEMBER 31. 1983
1 1 1 4 !
1 1 ACRES 1 1 ACRES 1
1 { WITH | PURCRKASE 1 bITH 1 NCN-
1) OWNERS 1 PURCHASE | PRICE 1/ | NCN- 1 PURCHASE.
CWNER 1 (NUMBER) | PRICE 1 {12000 1 PURCHASE | PRICE 1/
I | REPGRTED | DCLLARS) | PRICE 1 (1,000
1 { (NUMBER) 1 | REPCRTED | DCLLARS)
{ 1 1 1 (NUMBER) |
_—_-— 1 1 1 1 1
1
INDIVICUAL | 49292 779,002 901.911 137+271 319186
CGRPORATION | 29874 82779,160 21055.886
PARTNERSHIP | 11044 95,775
ESTATE 1 14 ’ 62835 705 75
TRUST 1 254 150,017 201,795 19,703 7,257
INSTATUTION 1 2 eas 49042 o o
ASSGCIATION | 1 5780 10,400 oO oO
OTHER | 17 8,564 6,096 963 ool
TUTAL i 89498 1018501963 72974629 278884639 21190+870

4/) PURCHASE PRICE AND NCNPURCHASE PRICE AT TIME GF ACQUISITION.

was adjusted to April 1983 for all years prior to 1983 (table
6). The total adjusted current value indicates a 2-percent in-
crease in the reported current value. The adjustment factor was
based on the national average change in farmland value over time
The adjusted current values are not presented as absolute values
for the foreign-owned land in this report but should be viewed
as approximations of change in value.

The data in table 6 are not intended in any manner to indicate
trends over time in the level of acquisitions by foreign per-
sons. Acreage owned in the years listed is the total amount
of land that was reported purchased during that year and which
remained foreign owned at the closing date of this report,
December 31, 1983. Because land is continually being disposed
by foreign owners or there are changes in status from foreign
to nonforeign, acreage amounts in each year are decreased by
these land dispositions or status changes.

Table 7 adjusts reported current value by State for the same
reasons given in the discussion of table 6. Because the re-
ported current value in table 7 is adiusted by each State's


cent. Unidentifiable Third Tier foreign persons own 4 percent

of the forest] acreage. The size of the Canadian and Hong Kong
holdings are attributable to (1) a Canadian corporation with par-
tial interests in 9 parcels covering 882,955 acres, (2) a U.S./
Canada corporation which owns 160 parcels covering 2,083,402
acres, and (3) a U.S./Hong Kong corporation which owns 62
parcels covering 1,685,171 acres.

Foreign persons from West Germany, the Netherlands Antilles,
and Canada own the most cropland, 948,752 acres, or 50 percent.
Foreign persons with the next largest holdings of cropland are
from the United Kingdom and Switzerland, each with 8 percent.

Foreign persons from the United Kingdom and West Germany own 33
percent of the pastureland, 924,299 acres, followed by foreign
persons from|Canada and the Netherlands Antilles, each with an
additional 10 percent. Foreign persons from Mexico, the Nether-
lands, and Switzerland and foreign persons from Japan not af-
filiated with a U.S. corporation own an additional 22 percent,
or 601,909 acres.

The largest group of owners of other agricultural land are
foreign persons from the United Kingdom who own 14 percent of
the acres. They are followed by foreign persons from Canada,
the Netherlands Antilles, and Switzerland who own a total of
184,620 acres, or 33 percent. Foreign persons from the Nether-
lands and West Germany and U.S./Luxembourg corporations own an
additional 129,729 acres, or 23 percent. The largest group of
other nonagricultural landowners are foreign persons from Canada
and U.S./U.K. corporations with 38 percent of the acreage.

Based on reports by foreign owners who reported owning only
forest land or forest land and other nonagricultural land,
these reports account for 53 percent of all the foreign-owned
U.S. agricultural land (tables 1 and 12). The remaining 47
percent is primarily farmland, although it includes some forest
and/or other nonagricultural land commonly reported as part of
the farm landholding (table 11).

The average [parcel size for parcels with forest land or forest
land and other nonagricultural land is 2,323 acres (table 12).
Except for Maine (with 37 percent of the acreage, the uniqueness
of which hag been noted previously), the forest or forest and
other nonagriculture acres are concentrated in the South and
West. Alabama, Georgia, Mississippi, the Carolinas, and Tennes-
see account |for 34 percent of the acres reported. California,
Idaho, Oregon, and Washington account for an additional 14 per-
cent. There are also notable holdings in Michigan, Minnesota,.
New Hampshire, New York, and Pennsylvania, accounting for a
further 13 percent of the acres.


Figure 1

State Concentration of Foreign Ownership of
Agricultural Land, December 31, 1983

Legend: Acres

0-49,999
50,000-99,999

Figure 2

_Proportion of Foreign-Owned Agricultural Land to All Privately Owned
Agricultural Land in the United States, December 31, 1983

Legend: Percentage
| ce re



IMPACTS OF
FOREIGN
OWNERSHIP

sequently, jall of the transactions for October, November, and
December are not reported to USDA by. the December 31 closing
data for each report year. Some of the skewing is also due to
reports that are not timely filed and/or completed by that

closing date. The foregoing discussion also means that the
current year data, and in some instances data for prior years,
are understated and should be regarded as preliminary. In
addition, unlike the net data in the acquisitions section, the
acquisitions figures here are gross figures for each year.

Section 5 of AFIDA requires USDA to determine the impacts of
foreign ownership of U.S. agricultural land, particularly the
effects on family farms and rural communities. In general,
the quantity of foreign-owned U.S. agricultural land remains
so small that it is umlikely to have either a positive or
negative overall impact. on agriculture. However, in areas of
heaviest concentration, some communities could be affected.

The. 1982 report on foreign investment in U.S. agricultural land
summarized the impacts of foreign ownership on family farms and
rural communities in selected counties in California, Iowa, and
Mississippi The Department is continuing to examine additional
areas for impact research.

In addition| to AFIDA, numerous States also have laws for moni-
toring or restricting foreign landownership. As of December 31,
1983, 30 States had some type of law restricting alien ownershij
of land: Arkansas, California, Connecticut, Georgia, Idaho,
Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Minnesota,
Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire,
New Jersey ,|New York, North Carolina, North Dakota, Oklahoma,
Oregon, Pennsylvania, South Carolina, South Dakota, Virginia,
Wisconsin, and Wyoming .6/

Many of these restrictions date from the 19th century and have <
wide variation in the degree of their restrictiveness. Some
merely prohibit the sale of land to enemy aliens, while others
place an acteage and/or time limit on the alien ownership, while
still others attempt to strictly prohibit the purchase of land
by aliens. |The records of enforcement in these States also
vary greatly. Some States have established active compliance
programs while others have few or no reported enforcement
actions.

Since the midseventies, there has been a noticeable amount of
State legislative activity in enacting legislation that re-
stricts, regulates, or monitors foreign investment. Since 1977,
7 of the 30/|States with some kind of foreign landownership re-
striction have strengthened existing or enacted new legislation



Table

35.

36.

37.

38.

39.

40.

Dispositions of U.S. agricultural land by type
of foreign owner, January 1-December 31, 1983 . -

Dispositions of forei

gn-owned U.S. agricultural
land by size of dispositi

January 1-December
Dispositions of U.S. agricultural land by country
of foreign owner, January 1-December 31, 1983

Dispositions of U.
of foreign owner,

S. agricultural land by country
by U.S. region, January 1-
December 31, 1983». ee eee ee rere eee

Dispositions of U.S. agricultural land by country of
owner, by use, January 1-December 31, 1983 .

tions and dispositions of foreign-owned U.S.
tural land, by date, January 1981-December

Page

45

45

46

47

49


Method of
Acquisition

Relationship of
Foreign Owner to
Representative

Land Use

Under the AFIDA regulations, leases of 10 years or longer are
the only leases that need be reported.5/ Leases are treated
separately because they represent a totally different type of
interest. Questions on value, tenure, and method of acquiring
land do not apply because the report form was not devised to
deal with leases. The Department has received 371 reports
covering a net total of 889,924 acres of leased land. Timber-
land accounts for 610,156 acres, or 69 percent of the reported
foreign leaseholds.

More foreign investors reported paying cash for their U.S. agri-
cultural landholdings than using any other method of acquisition.
Of the total foreign-owned parcels, 48 percent, covering 35 per-
cent of the acreage, were acquired for "Cash Only” (table 10).
This compares with 34 percent of the parcels, containing 18 per-
cent of the acreage, which were acquired by "Credit Only,” and

3 percent of the parcels, containing 17 percent of the acreage,
which were acquired by “Other Method Only." The "Other Method
Only" category includes mergers, corporations that became
foreign persons by having more than 5 percent of their shares
held by foreigners, or an individual exchanging land for stock
in a new corporation.

Forms were most commonly completed by the foreign owners. These
owners completed and filed forms accounting for 28 percent of
the parcels, or 35 percent of the total acreage (table 10). The
second largest group is the "Other" category, which includes ac~
countants, family members, and people associated with or em-
ployed by corporations. People in the "Other" category filed
forms for 24 percent of the parcels representing 19 percent of
the foreign-held agricultural land.

Fifty-seven percent of the reported foreign-owned holdings of
agricultural land is timber or forest land (table 11); cropland
accounts for only 14 percent. Cropland, pasture, and other
agricultural land (which includes, for example, orchards and
vineyards) total 38 percent of all foreign-owned holdings, but
only 0.4 percent of all privately held agricultural land in the
United States. The “Other Nonagriculture" and "No Report" cate-
gories account for 5 percent of the reported foreign-held acres.
Nonagricultural land includes acreages such as the homestead and
roads commonly reported as part of the agricultural landholding
or land that is idle now but its last use within the past 5
years was for agriculture.

Foreign persons from Canada own 3,613,470 acres, or 46 per-
cent, of the reported forest landholdings. U.S./Hong Kong
corporations hold an additional 22 percent of the forest land,
followed by foreign persons from the United Kingdom with 14 per-


TABLE Se=FOREIGN OWNERSHI

sour
COUNTRY

1 PARCELS | ACI

AniDORRA
ARGENTINA
AUSTRALIA
AUSTRIA
BAHAMAS
RELGIUM
BELIZF
RERMIINA
AOUIVIA
BRAZIL
BRITISH VIRGIN ISLANDS
CANADA

CAVMar ISLANDS
CHILE

CHINA

CALONBTA

COSTA RICA

cura

CZECHOSLOVAKIA
DENMARK

DAMINTCAN REPUBLIC
Ecuavnr

EGyPT

EL'’SALVANNR

FRANCE

GERMANY (WEST)

GREECE

GUATEMALS

GUYANA

HONNUR AS

HONG KONG

TNOra

INDONESTA

tats

1RAQ

IRELAND

TSRAFL

ITALY

IVNRY COAST

UAMATCA

JAPAN

JORDAN

KENVA

KOREA (SOUTH)
KUWATT

LeRANON

CIBERTA

LIBYAN ARAB REPURLIC
LIFCHTENSTEIN
LUXEMBOURG

MALAYSIA

MEXICO

MnRICCO

NAMIATA

NETHERLANDS
NETHERLANDS ANTILLES
NEW’ ZEALAND
NICARAGUA

NIGERTO

NORWAY

oman

PAKISTAN

PANAMA

PERU

PHILIPPINES

POL any

PuRTUGAL

ST VINCENT

SAUDT ARABIA
SINGAPORE

SMUTH AFRICA

w

o
oa

NON MU H DAN VE BHU ONS DES UOSH KH DYSOLINUUNN

woe

uv
2

we
of

aReewond
u
&

Pers
Noe
rs

POF UsSe AGRICULTURAL LANDHOLDINGS BY U.S. REGION?
DECEMBER 31+ 1983
(NUMBER D

NORTHEAST '

Wee eee ee ne ee en ee ee ee nn ee ee ee - - ee tt

DINE DWOO

SPAIN

1 parcecs t

+S

~ ae
WE IOUNFOB00W TTIW BH OHO DEWOOHUHOTMOCUWUNNWOSD

ae

x

7
RES | PAPCELS | ACRES 1 PARCELS | ACRES
[ae ee eee eae oe a
2 30742 °
8 59107 3
5 395 2
7 T9315 ‘
6 169345 2
56 «519817 20
1 25 °
4 B66 10
0 9 °
1 20155 0
4 49243 6
19267 2824170 19305 190299957
5 mh 2 80
1 ° °
2 266 1 a8
9 0 0 °
1 109840 ° 9
20 0 9 ° °
30 ° 0 ° °
298 il 17978 6
82 0 ° °
981 ° ° °
414 1 7 9.
196 o 0 °
30040 32319960 22
34293 360 7389026 143
46 7A3 1 16217 2
203 1 9 3
35 a 0 0
892 0 ° 0
59368 34 1699667 ‘
562 6 398 1
621 1 $2 0
368 10 977 6
550 0 ° 9
50819 1 39600 4
30335 1 6 1
76732 9 20081 ‘4
0 ° 0) ) 119
313 ° ° ° 0
217 27 112767 ° 9
295 7 831 2 229
32 ° o ° °o
368 2 34 ° °
432 2 226 1 217
50990 10 29593 6 705
14520 13260418 6 59605
15 Q “0 2 287
69671 SO 540636 15 29298
50004 2 $05 ° °
130 ° 6 1 9
24926 16 389696 7 19165
0 0 0 3 515
146 9 ° 0 °
169626 472589186 32 8321
49727 162 2430642 42 99678
° 6 367 ° 9
10348 9 ° ° °
16 9 9 0 °
652 3 345 ° °
187 1 262 ° °
° 9 20171 ° °
49934 35 -839283 12 41298
195 1 al 1 15
962 26 16132 ° °
9 0 0 1 147
° 4 416 1 388
10318 0 ° ) 19319
40678 6 BeT16 ° °
40 6 16389 1 “a0
20 2 20 1 209
19185 7 849 0 0)
aoe a. pad . Pet

PbO DPADOWH DOONIION SOM SOOVOMNWOS

NORTH CENTRAL

ACRES

19086
16216
20726

9

9
179596
619778

SAS
zen
828
100

455
19802
20079

o

4eTTS
1199778

o
19279
Q


’ Jand Is closer to homie than the :
numbers indicate. | :.~

|
@

USA TODAY - TUESDAY, APRIL 24, 1984

Foreigners buy

USA

land, but

we're in control

By Wayne Blessart |
USA Today cae

:

Foreign’ interests ‘own 13.7.
million acres, or slightly more
than 1%, of the-USA's agricul >
tural land — up 287,000 acres

from 1982. But contro! of the

USA with” 5%,

or more foreign ownership :
control 63% of that land, or 8.6-"

million. acres. { of

Almost 8 ‘million acres, or |
57% of the land under foreign |
is tim! with.

the largest chunk. of ‘that in -
Maine. Three timber compa-"

nies — two of them USA con

panies, with: partial foreign::
ownership — control 95% of ;

the foreign-heid acres in
Maine. | : :

Only "14% of the. land is
planted in crops, while pasture
and other agricultural uses ac-
count for 24%. The remaining
5% is in non-agricultural or un-
Teporied uses.

‘foreign-owned agricultural
“, Five locations =

Department of Agriculture |

FS 1%, beet

"According to the US. De:
Partment of Agriculture's Eco-

nomic Research Service,,
‘which surveyed the ownership,
foreign owners. plan to keep,

929 of their acreage: in agri-:
big rind Production, : fon
five: percent of for-
eign holdings are-in. the South,
with another. 29% in the West
20% in Maine: Rhode Is-
land ig:the only state ‘without

v Foreign ownership of USA agricultural
land rose to.13.7 milion acres, or si
mere than 1% af all USA agricultural land,
in 1883. Hare are.the forek
cum tha most land, and the states with the
most foreign-owned agricultural land:

interests that -

the Unitea Kingdom, Hong |

Aeros (in'ritions): -
Ree. 439

Kong, West. Germany and the
Netherlands Antilles — ac-

count for 73% of foreign owne
ership.

Wide corporations register in

the: Netherlands: Antilles for
tax: reasons, ownership attrib-

uted to those islands is scat-
tered internationally,

The. $312,200 study by the

also showed that corporations

own'83% of foreign-held acre-
age; partnerships, 99%; individ-

uals, 7%; and estates, trusts, as-

California

Sociations, institutions and oth-
: 7 Alabama



LIST OF TABLES

Table

1.

2.

10.

11.

12.

13.

14.

15.

16.

17.

U.S.| agricultural landholdings of foreign owners,
by State, December 31, 1983 « . + +e eee eee

U.S.) agricultural landholdings by type of foreign
owner, December 31, 1983... ee ees were eee

Foreign owners of U.S. agricultural landholdings
by State, December 31, 1983 «+ + ee ee tees

Foreign-owned U.S. agricultural landholdings by
size| of holding, December 31, 1983 « « + ss vise

Value of U.S. agricultural landholdings by type
of foreign owner, December 31, 1983 «+ ++ +++

Value of foreign-owned U.S. agricultural land-
holdings by date of acquisition, December 31, 1983

Value of foreign-owned U.S. agricultural land-
holdings by State, December B31, 1983 2. 2 © 6 ewe

U.S: agricultural landholdings by country of foreign

owner, December 31, 1983 . - + eee ee ee eee

Foreign ownership of U.S. agricultural landholdings

py U.S. region, December 31, 1983 2. 2 eid ee ee

Foreign-owned U.S. agricultural landholdings. by.

type of interest, method of acquisition, and owner-

representative, December 31, 1983 . « «© # ee oe ©

Use|of U.S. agricultural landholdings by country
of foreign owner, December 31,°1983 «wee eee

U.S. forest. and other nonagricultural landholdings
of foreign owners by State, December 31, 1983...

U.S forest and other nonagricultural landholdings
by country of foreign owner, December 31, 1983. .

U.S} forest and other nonagricultural landholdings
by jtype of foreign owner, December 31, 1983 . + «

Foreign-owned U.S. forest and other nonagricultural

landholdings by size of holding, December 31, 1983 .

Intended use of U.S. agricultural landholdings of
foreign owners, December 31, 1983 + + + + +++ >

Tenure of foreign-owned U.S. agricultural


TABLE 1--U.S. AGRICULTURAL LANDHOLDINGS OF FOREIGN OWNERS, BY STATE, DECEMBER 31, 1983

PROPORTION OF

: TOTAL LAND PRIVATELY OWNED : FOREIGN-OWNED FOREIGN-OWNED TO
STATE : AREA AGRICULTURAL : AGRICULTURAL PRIVATELY OWNED
2 OF STATE 1/ LAND 2/ : LAND AGRICULTURAL LAND
: —-----1,000 ACRES--—-- ACRES PERCENT
ALABAMA t 32,491 29,467 597,715 2.0
ALASKA : 365,333 400 753 0.2
ARIZONA : 72,645 10,983 290,659 2.6
ARKANSAS : 33,330 28,834 129,871 0.5
CALIFORNIA : 100,031 47,353 914,133 1.9
COLORADO z 66,301 37,527 490,458 1.3
CONNECTICUT z 3,118 2,267 980 NEG.
DELAWARE : 1,236 1,064 8,051 0.8
FLORIDA t 34,658 26,529 539,761 2.0
GEORGIA : 37,156 33,253 1,089,347 3.3
GUAM : 135 85 336 0.4
HAWAIL : 4,112 1,992 59,788 3.0
IDAHO : 52,744 15,166 165,804 1a
ILLINOIS : 35,613: 32,326 151,102 0.5
INDIANA : 22,996 20,909 96,876 0.5
IOWA : 35,818 33,912 32,438 0.1
KANSAS z 52,338 49,911 68,135 0.1
KENTUCKY : 25,388 22,915 44,020 0.2
LOUISIANA 3 28,494 26,463 148,050 0.6
MAINE : 19,837 18,829 2,687,408 14.3
MARYLAND : 6,295 5,146 46,719 0.9
MASSACHUSETTS =: 5,007 3,322 442 NEG.
MICHIGAN : 36,450 26,117 196,578 0.8
MINNESOTA : 50,911 36,204 240,464 0.7.
MISSISSIPPI : 30,229 26,629 . 344,589 1.3
MISSOURI : 44,125 40,025 62,480 0.2
MONTANA : 93,048 54,189 367,297 0.7
NEBRASKA : 49,052 45,397 78,463 0.2
NEVADA : 70,332 7,586 51,386 0.7
NEW HAMPSHIRE: 5,756 4,682 110,931 264
NEW JERSEY : 4,780 2,894 26,859 0.9
NEW MEXICO : 77,654 34,451 439,648 1.3
NEW YORK : 30,321 24,257 377,474 1.6
NORTH. CAROLINA : 31,259 27,321 271, 288 1.0
NORTH DAKOTA 3 44,351 39,617 19,524 0.1
OHIO : 26,243 22,979 46,982 0.2
OKLAHOMA : 43,939 38,875 28,475 0.1
OREGON : 61,558 25,685 418,073 1.6
PENNSYLVANIA 2 28,728 22,380 175,315 0.8
PUERTO RICO : NA NA 1,398 NEG.
RHODE ISLAND : 675 439 0 0
SOUTH CAROLINA : 19,330 15,932 513,048 3.2
SOUTH DAKOTA : 48,609 38,241 42,014 0.1
TENNESSEE 2 26,339 22,901 356,850 1.6
TEXAS t 167,691 156,768 926,796 0.6
UTAH 2 52,527 10,779 239,445 2.2
VERMONT : 5,935 5,251 100,634 1.9
VIRGINIA : 25,411 21,499 132,683 0.6
WASHINGTON 2 42,567 23,028 399,994 1.7
WEST VIRGINIA : 15,436 13,744 60,367 0.4
WISCONSIN : 34,833 27,637 19,434 0.1
WYOMING : 62,073 26,142 128,270 0.5
TOTAL z 2,265,238 1,290,271 13,739,602 1.1

NA = NOT AVATLABLE

NEG. = NEGLIGIBLE

-1/ 1980 LAND AREA FROM GEOGRAPHY DIVISION, CENSUS BUREAU.

2/ PRIVATELY HELD LAND BASED ON T. FREY, UNPUBLISHED DATA, ECON. RES. SERV., U.S. DEPT.
AGR:. 1979; ESTIMATE OF TOTAL LAND LESS PUBLIC, INDIAN, TRANSPORTATION, AND URBAN LANDS.


Table

19.

20.

21.

22.

23.

24.

25.

26.

27.

28.

29.

30.

31.

32.

33.

34.

U.S. agricultural land acquisitions by type of
foreign owner, January 1—-December 31, 1983 .....

Foreign owners of U.S. agricultural land acquisi-
tions by State, January 1-December 31, 1983 .....

Foreign-owned U.S. agricultural land acquisitions
by size of acquisition, January 1-December 31, 1983 .

Value of U.S agricultural land acquisitions by type
of foreign owner, January 1—-December 31, 1983 ....

U.S. agricultural land acquisitions by country of
foreign owner, January 1-December 31, 1983 ....e

Foreign owership of U.S. agricultural land acquisi-
tions by U.S. region, January 1-December 31, 1983 . .

Foreign-owned U.S. agricultural land acquisitions
by type of interest, method of acquisition, and
‘owner-representative, January 1-December 31, 1983 . .

Use of U.S. agricultural land acquisitions by country
of foreign owner, January 1-December 31, 1983... .

U.S. forest and other nonagricultural land acquisi-
tions of foreign owners by State, January 1-December
31, 1988 2 2 wee ee ee ee ee ee ee we eee

U.S. forest and other nonagricultural land acquisi-
tions by country of foreign owner, January 1-December
31, 19838 6 6 ww wee ee eee ewww we ewe

U.S. forest and other nonagricultural land acquisi-
tions by type of foreign ower, January 1-December
31, 1988 6 wwe we ewe ee ee ee ee ee eee

<
Foreign acquisitions of U.S. forest and other non-

agricultural land by size of acquisition, January 1-
December 31, 1983 2. «1 2 wee wee eee eevee

Intended use of U.S. agricultural land acquisitions
of foreign owners, January 1-December 31, 1983 ...

Tenure of foreign-owned U.S. agricultural land
acquisitions, January 1-December 31, 1983 ......

Dispositions of U.S. agricultural land by type of
foreign owners, by State, January 1-December
31, 19838 6 we we ee ewe ee ww ee ee wens

Dispositions of U.S. agricultural land by foreign
owners, by citizenship of purchasers, January 1-

Page

32

33

33

34

35

36

37

39

40

40

41

41

41

42

43


TABLE TeoVALUE OF FOREIGNSOWNED U.S. AGRICULTURAL LANDHOLDINGS
BY STATEs DECEMBER 315 1963

'
1 1 ' ACRES ' REPORTED ! ADJUSTED
1 i] REPORTED ! WITH ' CURRENT ' CURRENT
STATE AND i} ACRES 1 VALUE J/ i) CURRENT i) VALUE 2/ 4 VALUE 3/
U.S. TERRITORY 1 (NUMBER) ! (19000 ' VALUE i) (19000 ' (19000
1 1 DOLLARS) ' REPORTED 1 DOLLARS) 1 DOLLARS)
1 1 ! (NUMBER) 1 i}
evewccoser: weceeonosoece woonence coeecnse 4
ALABAMA 1 5970715 3119980 5879366 3469787 3569416
ALASKA i} 753 345 753 345 348
ARTZONA 1 2909659 3059179 2150419 3009298 3359345
ARKANSAS ' 129987) 1379818 1250440 1409837 1670271
CALIFORNIA ' 9149133 197259267 8310658 196379668 291749946
COLORADO ! 4909458 42894460 417¢816 3849365 4159747
CONNECTICUT ' 980 39053 871 19864 29106
DELAWARE ' 80051 109524 80016 69867 70162
FLORIDA ! 5399761 9820006 4459551 190659332 191649204
GEORGIA ' 100899347 786922) 190430346 8039026 7660916
GUAM ! 336 29389 0 0 o
HAWATI 1 599788 519194 590478 509801 539811
TOAHO ' 1659804 620747 1640982 639749 699938
ILLINOIS 1 151+102 2219991 1439854 2650625 2169285
INDIANA 1 969876 1139542 889227 1069123 919320
1OWA 1 320438 499100 299799 529555 489854
KANSAS i} 689135 400252 659447 429453 410798
KENTUCKY i) 469020 729073 299705 660850 680202
LOUISTANA ' 148+050 1330972 1079883 1299978 1579483
MAINE i] 29687+408 3279008 197860625 3067868 3280274
MARYLAND 1 469719 101+040 430175 111+895 1139369
MASSACHUSETTS 1 442 908 254 7A1 B97
MICHIGAN 1 1969578 699107 1949057 609521 609632
MINNESOTA 1 2409464 229155 980610 186451 199433
MISSISSIPPT 1 3446589 2590573 3380787 2626532 2669905
mIssourRT ' 62°480 550089 579668 710218
MONTANA ' 3670297 619110 3349734 620326
NEBRASKA ! 7 63 140613 739479 279641
NEVADA ! 51386 134774 $1°301 150816
NEW HAMPSHTRE 1 1100931 169523 1090884 150777 179863
NEW JERSEY 1 269856 132+804 229578 1230140 127+481
NEW MEXICO t 4391648 419678 280+806 479843 539189
NEW YURK ~ 1 377474 050342 3662902 900418 980521
NORTH CAROLINA i) 271+28R 12302946 2599536 1520786 1620735
NORTH DAKOTA i) 190524 39549 179110 79234 79970
OHTO i) 461982 979980 250955 1049252 859790
OKLAHOMA i} 289475 219033 2 ‘60 239304 279496
OREGON i} 4180073 2250073 3700986 225°893 2220079
PENNSYLVANIA i) 1759315 339013 1730328 359372 330426
PUERTO RICO i) 19398 40426 19398 40666 5084
SOUTH CAROLINA | 5139048 2549518 5040109 2630631 2629008
SOUTH DAKOTA ! 420014 149597 369991 149278 149452
TENNESSEE ' 3569850 619967 3519320 759948 740544
TEXAS ! 92697S6 192779687 8010197 192319276 195689011
UTAH 1 239°445 870958 21 76 1619688 1700352
VERMONT 1 1009634 679505 9 13 8 38
VIRGINIA t 13 83 1859127 10 95 1659291
WASHINGTON ! 3999994 9970169 3390866 190380482 191079432
WEST VIRGINIA 1 609367 10+704 599788 149370 179586
WISCONSIN i} 199434 249540 140961 230075 240435
WYOMING i} 128270 369634 749470 210362 219674
1 .
TOTAL 1 139739°602 1091659499 1195939730 1092739977 1194350174

ee Oe. a a en ered

4/ REPORTED VALUE IS PURCHASE PRICE OR NONPURCHASE PRICE (ESTIMATED VALUE) AT TIME OF
ACQUISITION,

2/ REPORTED CURRENT VALUE REFLECTS VALUE AT TIME OF REPORTING AFTER FEBRUARY 1+ 1979,

3/ REPORTED CURRENT VALUE ADJUSTED TO APRIL le 1983. REPORTED-CURRENT VALUE FOR HOLDINGS
ACQUIRED IN 1983 IS UNADJUSTED,


United States

wate” Foreign Ownership
a of U.S. Agricultural
ee. Land Through

December 31, 1983

J. Peter DeBraal
T. Alexander Majchrowicz



ZABLE 20--PORRIGH COBBRSHIP OF U.S. ACRICOLTORAL LABD ACQSLSITIONS BY U.S. BEGIOB,
JARUARE t-DECBEBER 31, 1963
(HUMBER)
t 1 1
' SOUTH 1 WEST ‘ BORTHEAST {| NORTH CEATRAL
1 } 1 1
CoonTRY ! 1 | 1 1 1 1 1 1
| PARCELS | ACRES | PARCELS | ACRES | PARCELS | ACRES { PARCELS | ACRES
REPORTED | IREPORTED | [REPORTED { IBEPORTED |
in i 4 i 1 1 i J
= 1
ARGBOTIDA { 0 0 o 0 1 193 ° 0
AUSTRALIA 1 1 5 4 60 0 0 0 0
AUSTBIA “ I 3. 4,075 1 6,268 0 0 1 320
BBLGIOG - ' r) o 1 640 1 42 ° 0
BERAUDA i ° 0 2 236 0 o 4 256
CABADA I 4 292 ” 7,579 31 4,069 3 977
CAYO ISLAGDS 1 0 0 0 ° 1 6 0 0
COLonBIA i a 39 0 0 0 ° r) 0
costa RICA 4 2 375 0 0 ° r) ° C)
“CUBA 1 1 10 o 0 oO 0 0 0
DBBRORRTM 1 2 181 2 6,991 2 276 1 195
ECUADOR 1 1 5 0 0 0 0 0 0
RGYPT 1 0 0 1 97 0 C) r) 0
PRARCB ' 26 6,778 1 1,280 -2 2,193 2 408
GRRHABY (VEST) ' 43 (23,818 6 3,416 12 2,637 10 2,398
~ HONG ‘ROEG in o 0 1 40 0 o ° 0
IUDIA 1 1 1 0 0 C) 0 0 0
INDOBESIA 1 1 18 ) C) 0 0 o °
ISRAEL ' 4 3,335 ° 0 0 r) 0 0
ITALY ' 0 C) 0 0 0 ) 1 151
Japan, i 0 0 3 1,038 0 0 0) 0
JOBDAH 1 0 C) 1 800 C) ° 0 0
KOREA (SOUTH) 1 0 C) 1 8 C) 0 0 0
LEBAHOW f 0 0 1 40 -t 451 ° 0
LIBERIA 1 1 25 0 0 0 ° 0 0
LIECATEDSTEIS i ) 0 1 4,725 0. 0 o) 0
LUXEEBOURG 1 1 167 0 0 0 0 Ct)
BALAYSIA 1 1 10 0 0 os 9 0 0
HEXICO I 6 a4 1 469° 9 0 0 CY)
HOROCCO { ° 0 t) 0 3 515 0 0
UETHEBLABDS i 3 654 W 2,137 ° ry 0 0
NETHERLANDS AWTILLES | 8 8,426 4 871 0 0 0 C)
onan i 3 182 0 ) 0 C) 0 Cy)
PADABA ' 2 714 ry) ) ° 0 0 0
SAUDI ARABIA 4 1 63 2 796 9 r) 0 0
SHEDER 1 0 0 0 C) 0 0 1 258
SBITZERLAND 1 21 6,391 5 331 1 220 2 154
TAIWAD t 1 10 0 0 0 0) r) 0
UBITED ARAB EAIRATES | 4 2,240 0 ) 0 0 r) 0
UNITED KINGDOR 1 Ww 3,025 7 1,320 1 192 6 1,169
VEBREZUELA f 2 ai7 0) C) 0 C) C) 0
AULTIPLE 1 2 184 ) rn) 1 12 1 208
THIRD TIER f 6 4,656 ° 0 ° 0 0 0
‘
SUBTOTAL 1/ 1 169 (67,969 70 39,138 58 10,815 32 6,494
1
US/AUSTRALIA 1 CO) ° 1 37 ° 0 ) 0
US/AUSTRIA i 0 0 3 13,710 0 0 0 C)
0S/BELGIOH 1 1 103 C) 0 0 Ci) 0 C)
US/BERBODA 1 2 4e0 0) 0 0 ° 0 0
US/BBAZIL 1 o 0 0 0 0 0 6 938
US/CABADA ' 20 7,128 4 5,590 12 -27,280 5 290
US/CAYBAN ISLABDS 1 5 4,691 ° 0 r) 0 0 0
US/CHINA 1 C) ° 1 322 0 0 C) 0
US/PRANCE i 7 2,173 1 116 0 ) 2 173
US/GERBANY (BEST) 1 19 5,843 0 0 5 642 1 278
US/JAPAR { 1 3 0 0 0 0 0 0
US/LEBANON 1 1 172 0 0 0 0 C) 0
US/LIECHTEBSTELY 1 ° ° 1 563 0 0 2 1,109
US/NETRERLAEDS i 8 18,956 1 3,312 0 0 15 603
US/METHERLABDS AUTILLES| 8 9,014 0 C) 0 0 1 173
US/HOREAY ot r) 0 C) 0 1 25 C) 0
US/PAHAHA i 0 0 O° 0 2 1,798 oO 0
US/SAUDI ARABIA 1 8 3,279 0 C) 0 0 0 0
US/SPAIN 1 0 C) 2 217 ° 0 0 0
US/SWBDEX i 2 2,048 ° ° 0 0 0 )
US/SBITZERLAUD i 16 8,498 4 829 C) r) 0 0
US/UNITED KINGDON 1 27 5,929 OC) ) 5 4,502 27 4,104
US/VENEZUELA 4 2 45 1 9,280 ° 0 0 )
US/BULTIP LE 1 1 393 0 C) r) 0 0 C)
US/THIED TIER t 28 |67,114 0 C) C) 0) 0 0
1


In general,
land remains too small to measure the impact. on agriculture at
the national level. In areas of heaviest concentration, some

communities

Data gather

the quantity of foreign-owned U.S. agricultural

could be. affected.

ing and analysis cost the U.S. Department of Agricul:

ture approximately $310,000 for 1983. In fiscal year 1983 and

the first a

207 penalti
$109,500.

uarter of fiscal year 1984, the Department assessed
‘es for late filings, amounting to approximately



SUMMARY

Foreign persons reported that they owned 13.7 million acres, or
slightly more than 1 percent, of U.S. agricultural land (farm-
land and forestry) as of December 31, 1983. This figure is
278,000 acres larger than last year's figure. These and other
findings are based on an analysis of. reports submitted to the
U.S. Department of Agriculture under the Agricultural Foreign
Investment Disclosure Act of 1978.

Forest land accounts for 57 percent of all foreign-owned acre-
age, cropland for 14 percent, pasture and other agricultural
land for, 24. percent, and nonagricultural and unreported uses
for 5 percent.

Corporations own 83 percent of the holdings acreage; partner—
ships, 9 percent; and individuals, 7 percent. The remaining 1
percent is held by estates, trusts, associations, institutions,
and others.

U.S. corporations, in which 5 percent or more of the ownership
is foreign, reported owning 63 percent of all the foreign-held
acreage. The remaining 37 percent was reported. as being held
or acquired by foreign persons not affiliated with a U.S. corpo-
Tation.

A number of parcels are owned only in part by foreign investors;
that is, the foreign interest in some parcels is less than 100
Percent, with the remaining percentage being owned, for example,
by a U.S. partnership. When the 13.7 million acres are adjusted
for these partial interests, the total foreign-owned acreage
drops to 12.4 million acres, a reduction of 11 percent.

Foreign persons from Canada, the United Kingdom, Hong Kong, West
Germany, and the Netherlands Antilles account for 73 percent of
the foreign-held acreage.

The largest number of acres owned by foreign persons was re-
ported in Maine. Foreign holdings in Maine account for 20 per-
cent of the total reported holdings and 14 percent of the total
privately owned agricultural land in Maine. Three large timber
companies own 95 percent of the foreign-held acres in Maine.
One company has only partial interests in 33 percent of the
acres and the other two companies are U.S. companies which are
partially foreign owed.

Except for Maine, foreign holdings are concentrated in the
South and West--35 percent of the holdings are in the South
and 29 percent in the West. Rhode Island is the only State
with no reported foreign-owned agricultural land.

Foreigners do not appear to be taking purchased agricultural
land out of production. No change in intended use at the time
of filing was reported for 92 percent of the acreage. No change
in tenure was reported for 42 percent of the acres while some
change was reported for 29 percent of the acres. No responses
regarding tenure change were received for the remaining 29 per-
cent of the acres.


TABLE 40--ACQUISITIONS AND DISPOSITIONS OF FOREIGN-OWNED U.S. AGRICULTURAL LAND, BY DATE
JANUARY 1981 - DECEMBER 1983

ACQUISITIONS DISPOSITIONS
DATE PARCELS ACRES VALUE . PARCELS ‘ACRES VALUE
REPORTED | (NUMBER) | (1,000 REPORTED | (NUMBER) (1,000
(NUMBER) DOLLARS) 1/ (NUMBER) DOLLARS) 1/
1981
Jamary 143 59,334 98,966 50 17,651 22,711
February 146 43,101 86,109 30 10,758 16,929
March 272 2,487,120 1,916,663 41 104,857 29,639
April 168 103, 389 120,825 AL 48,864 33,821
May 181 136,372 219,455 45 10,159 15,106
June 188 114,379 108,373 56 50,700 35,714
July 168 108,792 176,040 51 31,295 41,595
August 123 86,224 89,420 38 19,743 40,256
September 140 42,563 98,298 35 4,965 8,584
October 145 98,984 62,437 45 17,885 13,751
November 126 70,284 67,176 42 21,688 17,574
December 139 110,316 = 103,249 55 29,955 33,470
Mutiple 2 957 1,864 0 0 0
Total 1981 1,939 3,461,815 3,148,875 529 368,520 309,150 -
1982
Jamary 174 86,990 139,189 59 31,620 42,192
February 96 52,030 73,444 30 22,838 13,656
March 135 47,399 88,155 26 7,026 11,117
April 115 53,539 54,904 31 28,454 8,544
May 110 52,019 57,362 36 9,048 25,258
June 116 39,132 48,953 27 4,775 13,993
July 132 70,247 84,882 36 11,524 18,873
August 99 187,157 87,258 28 14,721 23,350
September 65 23,590 27,162 25 3,654 4,725
October 87 36,864 32,582 41 2,828 2,701
November 76 123,054 153,751 35 18,668 63,026
December 76 30,167 41,192 39 12,029 14,728
Multiple 7 5,552 3,875 0 0 0
Total 1982 1,286 807,740 892,709 413 167,185 242,163
1983
Jamary 1983 76 24,851 47,269 21 11,365 11,891
February 1983 57 42,623 38,515 28 124,506 21,910
March 1983 64 20,706 42,309 27 7,177 14,558
April 1983 92 59,803 32,011 66 19,233 19,756
May 1983 88 24,574 54,930 58 20,761 12,594
June 1983 55 23,415 42,492 44 4,903 30,902
July 1983 72 35,168 31,757 39 15,389 12,452
August 1983 45 21,830 20,741 26 15,147 13,326
September 1983 37 85,008 68,055 24 7,482 -5,384
October 1983 21 5,211 14,908 iL 2,728 4,468
November 1983 i 2,201 7,529 7 310 393
December 1983 3 178 155 3 119 356
Total 1983 621 345,568 400,671 354 229,118 147,989

1/ VALUE IS PURCHASE PRICE OR NONPURCHASE PRICE (ESTIMATED VALUE).



RADER 19--UsS-,DEBECURTURAL LOSD MQUESIIONS BY SUPER OF FOREIGN OUN
‘GBEGARY 1-DECBEBER 31, 1983
(BOBBEB)

’ i) i) i
PARCELS BITH |

i) ‘
OBBERS | PARCELS | ACRES t PARTIAL 1 ACREAGE

4
i
ounzR it
[REPORTING |BBPORTED | | IBTERESTS | BQULVALEW
' t i 1 REPORTED 1/ |
n n n n n
1
INDIVIDUAL |I 178 194 39,263 u 3
CORPORATION || 166 325 251,376 37 23
PARTNERSBIP |{ 46 61 39,921 5 3
TRUST 1 5 7 4,262 1
1
TOTAL 1 395 587 331,822 54 31
1
|

a/ PARCELS BITH PARTIAL LETERESTS ARB THOSE PARCELS WHICH ARE OW}

ONLY Ib PART BY THE FORBIGH INVESTOR; THAT IS, A PERCERTAGE IWTEREST

THAN 100 PERCBET.
ACREAGE EQUIVALEBT EQUALS THE TOTAL ACREAGE REPORTED AULTIPLI

{HE PERCEETAGE BELD BY THE FOREIGH OBNER. ‘

The largest number of parcels acquired by individuals during th
period was |reported for Texas (table 20). However, the largest
acreage acquired by individuals was in Georgia. Organizations
also reported acquiring the largest acreage in Georgia.

Size of Acquisition--The largest number of owners reported thei
acquisitions in the range of 100 to 999 acres (table 21). How-
ever, owners of parcels with 1,000 acres or more (14 percent of
the owners) acquired approximately 80 percent of the acres and
owners of parcels with less than 1,000 acres (86 percent of the
owners) acquired the remaining 20 percent of the acres. Parcel
ranging in| size from 300 to 1,000 or more acres accounted for é
percent of|the value. The value per acre, ‘however, is concen—
trated in the reports of holders of less than 20 acres--$20, 875
per acre, compared with $730 per acre for holdings of 1,000 or

more acres)

Purchase Price and Value of Acquisitions--As noted earlier,
under “Type of Owner,” corporations acquired 76 percent of the
acquisitions. They also account for 70 percent of the purchast
price and monpurchase price (estimated value) at time of acqui
sition (table 22). The average per acre purchase price and no
purchase price (estimated value) is lowest for corporations at
$1,056; followed by trusts, $1,258; individuals, $1,326; and
partnerships, $1,486. For acres for which current value was
reported, |corporations remain the lowest at $1,071 per acre.
However, trusts report the highest value per acre at $2,9295
followed by partnerships, $1,507; and individuals, $1,337.

al naneetodtdtnne nurchase price will be close to but n


Interest in Land

In the North Central region, foreign persons from the United
Kingdom reported owning 521,233 acres, or 37 percent, of the
total foreign-held acres reported in the region. U.S./Hong
Kong corporations and foreign persons from West Germany and
Canada reported owning an additional 458,559 acres, or 33 per-
cent. Ten percent of the acreage is owned by U.S./Multiple
entities, US. corporations which have foreign owners from a
number of countries, none of which has a predominant interest
in the corporation.

Of the 14,806 parcels of foreign-held U.S. agricultural land,
82 percent of the parcels, accounting for 81 percent of the re-
ported acreage, is held in fee interest whole (that is, the
owner holds|the estate in its entirety). Partial interests are
held in another 9 percent of the parcels and reported purchase
contracts cover an additional 7 percent of the parcels (table 1(
TABLE 1O©oFOREIGNCOWNED UoSo AGRICULTURAL LANDHOLDINGS"
BY ‘TYPE OF INTEREST HETHOD OF ACQUESITIONo
AND OWNEReREPRESENTATIVEs DECEMBER Blo 1905
(NUMBER)
ocd omoaceemweconscoceoscecscensecosesasesesusnscsoscssnesnec
ITEM ' PARCELS | ACRES
coseraccence peror coer cesdacocecsaccebecesncecessosscsabe-sousacosocare
INTERESTS 1
FEE INTEREST WHOLE 1 129100 1291840
@EE INTEREST PARTIAL J/ i} 19337 201696]
LIFE ESTATE 1 41 bok
TRUST BENEFICIARY 1 187 1129€
PURCHASE CONTRACT i} 990
OTHER i} 148
NO REPORT \ 3
TOTAL i} 149806
t
M@THOD OF ACQUISITIONS 1
CASH ONLY ' 79046
CREDIT ONL 1 59006
TRADE ONLY 1 350
GIFT/INHERI TANCE ONLY 1 375
FORECLOSURE ONLY ! 26
OTHER METHOD ONLY ' 406
CASH & CREDIT ONLY 1 19240
CASH & TRADE ONLY i} 159
CASH & ANY| OTHER COMBINATION 1 49
NO REPORT 1 62
NONCASH COMBINATIONS i} 91
1
TOTAL ' 149806 1307399
1
OWNGROREPRESENTATEVED 1
ATTORNEY ' 30417 295609
MANAGER 1 20053 ° 295660
AGENT ' 10278
OTHER 1 30580
FOREIGN OWNER 1 40167
! 31l

NO REPORT |


Interest in
Land

Method of
Acquisition

Of the reported foreign-acquired parcels of U.S. agricultural
land, 84 percent (accounting for 84 percent of the reported
acres) were acquired in fee interest whole (table 25). Partial
interests were acquired in 9 percent of the parcels, repre-
senting 11 percent of the acres.

More parcels of agricultural land were acquired by foreign
owners for "Cash Only" than by all other methods of acquisition
combined (table 25). Of the total parcels, 55 percent, covering
38 percent of the total acreage, were reported as being acquired
for "Cash Only." This compares with 21 percent of the parcels,
-covering 35 percent of the total acreage, which were reported

as being acquired by “Credit Only." The “Other Method Only”
category (which includes mergers, U.S. corporations which became
foreign owned, land exchanged for stock in a corporation, and
other arrangements) contains reports for 5 percent of the parcels
and 3 percent of the acreage.

TABLE 25--PORBIGH-OUHED U.S. AGRICULTURAL LADD ACQUISITIONS BY FUPE
OF INTEREST, HETHOD OF ACQUISITION, AUD ODDER-ARPRESENTATIVE,
JABUARY 1-DECEGBEB 31, 1983

(HUOBER)
4
ITER 1 PARCELS t ACRES
i REPORTED '
4 A
1
IDZEARST: i
FEE INTEREST HHOLE f 492 277,668
FEE INTEREST PARTIAL 1/ 1 54 36,421
LIFE ESTATE 1 2 40
TRUST BENEFICIARY 1 3 404
PURCHASE CONTRACT ry 19 We 102
OTHER f 7 3,187
i
TOTAL 1 587 331,822
i
SBTHOD OF ACQUISITION: '
CASH OBLY 1 324 127,619
CREDIT ONLY 1 122 116,496
TRADE OBLY f 45 16,894
GIFT/IBHERITANCE ONLY i 2 329
FORECLOSURE OULY 4 1 4,725
OTHBR HETHOD OWLY 1 31 10,013
CASH & CREDIT OLY 1 48 48,309
CASH & TRADE ONLY 1 5 255
CASH & AHY OTHER COHBIBATION 1 3 5,267
UO REPORT 1 1 6,760
BONCASH COHBINATIONS t 5 1,155
i)
TOTAL i 587 331, 822
1
OGDBB-REPRESRELATEVE: 1
ATTORBEY i 218 156, 889
HAHAGER 1 101 81,729
AGEBT I 61 27,029
OTHER ' 90 25,061
FOREIGN OBER 1 W17 41,318
1
TOTAL ' 587 331,822
1

a/ THE FEE INTEREST PARTIAL IS USED FOR THOSE PARCELS BHICH ARE
OBNED ONLY IH PART BY THE FORBIGH INVESTOR; THAT IS, A PERCEBTAGE
TUTEREST LESS THAN 100 PERCBET.


TABLE QeePOREIGN OWNERSHIP OF UsS. AGRICULTURAL LANDHOLDINGS BY UsS. REGION?
DECEMBER 31+ 2903—0CONTINUED
(NUMRER)

NORTH CENTRAL

1
SOUTH ' WEST ' NORTHEAST
' toe

COUNTRY

PARCELS | ACRES

i

'

1 .

| PARCELS | ACRES | PARCELS | ACRES | PARCELS I ACRES
1. <1

a a es

TOTAL ALL
LANDHALDINGS,

61556 498279608 34900 399661064 29202 395349810 20148 106110340

'
UNITED ARAP EMIRATES — | 5 20801 0 ° ° ° ° 9
UNTTED KINGNOH 1 120 474365 65 1569790 37 1239945 57 | 739816
URHGUAY ! 2 34095 2 320 1 127 4. as917
U.S456R ' C) ° 1 an 3 755 0 9
VENEZUELA i 105 169711 ° o 36 77880 1 630
VIETNAM 1 1 152 ° ° ° ° o 9
YUGOSLAVIA ' 0 9 1 a 0 ° 1 160
MULTIPLE ' 25 84007 IT 129446 2 1n6 2 351
MULTIPLE < 5% ! 0 0 1 $10 0 9 ) 0
THTRD TIER ' 412 1260587 8 564729 1 179 2 627

'
SUBTOTAL 7 1 3y636 195729518 20836 197749380 19852 173087146 996. 4209802

'
US/ARGENTINA ! ° a o 0 9 0 2 39560
US/AUSTRALTA ' ° ° 1 37 2 125 3 642
US/AlISTRIA 1 ‘6 19265 3 139710 1 12 ° 9
US/RAHAMAS ' 13 26+106 10 40703 ry 39390 ‘ 30276
US/RELGIUM 1 26 0249711 4 359397 3 a1 & 973
US/RERMIDA 1 41 2&eA5L 6 7998 10 1617 2 410
US/BRAZIL ' 3 1eT17 ° 0 0 a 19210

US//BRITISH VIRGIN '

TSLanns 1 3 14770 3 528 1 90 a 99944
US/CANADA ' 529 142739629 348 3824602 104 | 9979812 63 1800905
US/CAYMAN ISLANDS ! 27 240039 1 19341 1 250 4 688
US7CHINA 1 0 ° 4 a70 a. 0 ° 0
us/caLo4Bts 1 3 20126 ° ° 1 160 ° 0
US/DENMARK 1 3 998 3 846 ° 0 0 °
US/ECUaDOR ' 3 16559 ) 9 ° ° ° °
US/EGYPT ' 1 40 1 AO ° ° ° °
US/EL SALVADOR ' 1 12 0 ° ° 0 ° Oy)
S/F INLAND 1 et 34067 0 9°. ° 0 0 0
US/FRANCE 1 183 1514539 29 89577 25 1539068 12159038
US/GERMANY (WEST) 1 254 © 2170847 44 2294638 43120725 55 30412
US/GREECE 1 1 1568 2 44987 ° ry 2 246
US/GUATEMALA 1 3 412 9 ° 0 9 9 A
US/GUYANA 1 2 334 ° ° .. ° o) 0
US7HONG KANG 1 4 5948 33 6469837. 25 9739658 2 659686
Us 1a an ! 3 16290 3 859 1 10900 9 9
US/TRAO 1 ° ° 2 960 ny 0 ° °
US/ITALY 1 8 759527 1 160 4 675 2 391
HS /JAP AN ' 1B 90212 27 130615 6 10969 ul 2011?
US/KAREA (SOUTH) ' 0 0 1 15 0 9 ° )
US/KUWATT 1 ° 9 3 166 r) 9 9 °
NS/LERANOH ' 3 258 ° 9° 2 153 9 °
US/UTRERTA ' 7 5361 3179973 7 6eR52 0 9.
US/LIBYAN ARAA REPUMLIC! 0 a 3 280 ° 9 ° 9
US/UTECHTENSTEIN ' 24 240275 45 299457 9 16735 7 79010
US /LUXEMROURG 1 IL 1244A1 13, 1054250 2 277 5 16970
US/MALAYSTA 1 0 ° 1 300 ° ° 0 0
U5/MEXTCN 1 12° 104548 19 229200 0 ° 9 °
US /NETHERLANOS 1 158 590482 184 2454021 19 99267 255 279464
US/YETHERLANDS ANTILLES! 130 1814441 45 339786 « 19376 25 200283
US/NEW HEAR IDES 1 1 24108 1 683 ° ° 9 °
US/NTCARAGUA 1 2 anz a cy) ° 0 0 °
US /HORWAY 1 1 15 t) ° 2 172 9 0
US/PANAMA 1 44 226772 10 239345 12 41868 1s 50974
US/PHILTPPINES ! 2 16193 1 3 0 9 cy ry
US/SAUDT ARABIA 1 12 104356 ° 0 ° ° 9 0
US/SQUTH AFRICA ' 2 34309 ° 0 ry ° 0 0
US/SPAIN ' 3 34539 a 16955 1 393 ° 0.
US/SHEDEN 1 “ 29341 ° ° 1 107 4 are
Us /SWITZERLAND 1 134 1214049 64 500089 19 50202 54 209417
US/TOTWAN 1 1 56 38 49023 ° 0 0 °
US/THATLANO 1 0 0 3 252 ° ° 9 o
US/TRINTDAD & TOBAGO I 3 30 ° 0 ° ° ° 0
US/TURKEY 1 2 443 9 “0 ° 0 ° °
US/UNTTED KINGDOM 1 19068 7674199 94 © 2819976 2a 300006 583 4486019
US7URUGHAY 1 ° 0 Q 0 ° 9 1 SAL
US/VENEZUELA 1 44 354549 2 109780 5 922 ° 0)
US/HUL TIPLE ' 20 Ry 431 4 69752 4 179706 8 1420035
US/4ULTIOLE < 5% ' 1 65 1 10 6 348 3 178
NS/THIRD TIER 1 85 1364224 5 2956 ° ° 4 19169

i

SUBTOTAL 2/ 1 °' 24920 342564890 14064 201914664 350 2422696H6 19152 9900538

1
1
1
l







TABLE SeoFOREIGE OWNERS OF UsSo AGRICULTURAL LANDHOLDINGS

STATE
AND U.S.
TERRITORY

ALABAMA
ALASKA
ARTZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
FLORIDA
GEORGIA

GUAM

HAWAIT

IMAHO
ILLINOTS
INDIANA

TOWA

KANSAS
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSISSIPPI
MISSOURT
MONTANA
NEBRASKA
NEVADA

NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
NORTH DAKOTA
OHIO
OKLAHOMA
OREGON
DENNSYLVANIA
PUERTO RICO
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS

UTAH

VERMONT
VIRGINIA
WASHINGTON
WEST VIRGINIA
WISCONSIN
WYOMING

1
t
am
|
ot

\
i)
i}
1
|
|
'
'
i)
1
1
'
i}
'
'
i}
1
(
1
'
i}
'
1
'
1
1
'
'
|
|
!
'
1
4
'
'
1
'
1
1
|
i}
4
A
\
i}
1
'
'
1
'
i)
1

PARCELS

13
0
43

57
278

INDIVIDUAL

ACRES

798

oO
119918
270330

710720
1160221

YY STATE DECEMBER 31> 1983
(NUMBER)

Leone meececnnnencecesasaresorc-caosoecnesoso~s

1 ORGANIZATION
| ncomence-coceenencsorers
°
1 PARCELS 1 ACRES
397 5969917
3 753
226 2780741
102 1029541
921 8420413
22. 3740237
11 T2i
8 60439
839 5130466
772 10036710
2 336
32 520487
37 1990071
329 1399879
265 919433
5? 150540
eT 630156
81 370520
96 1400282
82 206709743
117 379090
4 4320
53 1910098
86 2239383
177 3430652
86 519981
88 327°053
31 750578
18 $10271
ar 1090516
85 259664
36 4380916
167 3329530
349 2629494
14 59903
299 390553
61 270435
oT 94
78 1730142
6 B14
gna 5060760
28 309307
223 3390360
925 7590139
36 2170976
234 669846
241 107¢833
440 3500779
30 570227
29 89610
28 1279610

1390R823-,3899


TABLE 38--DISPOSITIOUS OF U.S. AGRICULTURAL LAND BY COUNTRY OF FOREIGH OBNER, BY U.S. REGIOD,
GANUARY 1-DECEBBER 31, 1983

(NUMBEK)
t t 1 1
1 SOUTH I WEST t NORTHEAST t HORTH CENTRAL
Hl t | _—-----—-!
COUNTRY 1 1 1 od I 1 t I
| PARCELS | ACRES | PARCELS | ACRES | PARCELS | ACRES | PARCELS | ACRES
URBPORTED | REPORTED | REPORTED | (BBPORTED |
AL. 1. 1 L AL 1 i 1 —
1
ARGENTINA 1 2 160 oO oO 0 0 o 0
AUSTRALIA t 5 59 oO oO 0 o oO 0
AUSTRIA 1 1 50 1 640 oO 0 oO 0
BELGION 1 1 266 0 0 0 0 0 oO
BERSUDA t 1 718 oO o 0 oO 0 0
BRAZIL 1 2 216 0 0 oO 0 0 oO
CANADA t 6 2,010 29 23,212 16 233 oO oO
CHINA 1 oO 0 1 5 oO 0 0 0
COLOHBIA 1 1 79 0 0 1 10 Oo Q
FRANCE I 1 1,128 0 0 0 0 0 0
GERMANY (HEST) i 31 2,673 2 1,447 0 oO 1 48
HONG KONG t o oO 1 40 0 oO 0 0
INDONESIA i} 1 17 Oo 0 o 0 oO 0
IRAN 1 1 140 oO 0 0 0 oO 0
ITALY 1 1 12 0 0 0 oO 0 0
LIECHTENSTEIN t 3 1,721 1 44 0 oO 0 oO
BKEXICO 1 17 2,709 1 469 oO 0 “0 0
NETHERLANDS I 6 575 14 1,481 2 508 0 0
NETHERLANDS ANTILLES 1 2 1,414 3 1,432 0 i) QO 0
PANANA 1 1 72 oO 0 oO 0 O° o
SWEDEN 1 oO 0 0 0 1 9 oO 0
SWITZERLAND 1 15 1,743 oO 0 0 oO 0 oO
SYRIA 1 1 3,091 ) o 0 0 QO oO
UXITED KINGDOR I 6 734 1 200 0 0 0 0
VENEZUELA I 7 759 ) 0 2 353 0 0
BULTIPLE 1 o oO oO oO o oO 1 1
THIRD TIER i) 12 10,332 oO 0 0 0 0 0
'
SUBTOTAL 1/ t 124 30,678 54 28,970 22 1,113 2 4g
1
US/CANADA 1 12 16,259 8 5,289 6 2,373 4 240
US/FRABCE t 12 3,343 0 oO 0 0 0 0
US/GERBANY (WEST) I 16 2,687 0 oO oO o 7 1,351
US/JAPAB 1 3 362 0 o 0 oO 0 0
US/LLIECATENSTELN 1 1 169 oO oO 0 oO 1 309
US/LUXENBOURG 1 0 0 1 117,000 0 oO 1 1
US/MEXICO 1 1 17 O 0 0 oa 0 0
US/NETHERLANDS I 4 54 oO 0 0 0 6 220
US/NETHERLANDS AWTILLES| 1 13 0 oO oO 0 0 oO
US/NEW HEBRIDES 1 0 0 2 27 0 0 0 0
US/PANABA 1 4 801 oO 0 0 0 4 6,497
US/SUITZERLAMD 1 "1 2,393 1 132 1 263 0 0)
US/UNITED KINGDOM 1 25 7,316 2 347 ) 0 13 722
OS/VENEZUELA i} 2 45 0 0 0 Q 0 0
US/HULTIPLE 1 oO 0 o 0 0 oO 3 78
1
SUBTOTAL 2/ t 92 33,459 4 122,795 7 2,636 39 9,418
1
TOTAL ALL 1
LAND DISPOSITIONS 1 216 64,137 68 151,765 29 3,749 a1 9,967
1

J/ TOTAL INTERESTS EXCLUDING U.S. CORPORATIONS WITH FOREIGH SHAREHOLDERS.
2/ TOTAL INTERESTS OF U.S. CORPORATIONS WITH FOREIGN SHAREHOLDERS.




Intended Use

Tenure

Tenure Change

Individuals make up the largest number of owners reporting
holdings of forest land or forest and other nonagricultural land
but account for only 15 percent of the parcels and 1 percent of
the acres (table 14). Corporations reported holding 68. percent
of the parcels, representing 94 percent of the acreage. The re-
maining 17 percent of the parcels and 5 percent of the acres are
held by partnerships, trusts, estates, and others. When partial
interests are taken into account, the acreage equivalent is
903,614 acres less than the acres for which reports were filed.

Owners of parcels with less than 300 acres, 68 percent of all
the owners, own 18 percent of the parcels covering only 0.4 per-
cent of the forest land or forest and other nonagricultural land
(table 15). The remaining 32 percent of the owners, owning
parcels with 300 or more acres, own 82 percent of the parcels
covering 99.6 percent of these lands.

Concern has been expressed about farmland being purchased and
taken out of agricultural production. Foreigners do not appear
to be proceeding in this direction in any substantial degree.
However, the following data on intended use and tenure, like
much of the use and value data, are based on information at the
time of filing; they do not reflect subsequent changes.

No change in intended use was reported for 92 percent of the
acres (table 16). Intended use changes to other agricultural
usage were reported for holders of 2 percent of the acres. Re-
ports for 5 percent of the acres indicate that some change to
nonagricultural use is intended. Such reports do not neces—
sarily mean, however, that all of these acres will be changed.
What the reports do mean is that the holders of these acres in-
tended to change the use of some of the acreage. However, the
report form does not ask how many acres will be involved. Re-
ports representing 1 percent of the acres did not indicate in-
tended use.

Tenants and foreign owners operate 33 percent- and 35 percent of
the parcels of foreign-held U.S. agricultural land, respectively,
whereas managers only operate 8 percent of the parcels (table
17). No responses to the tenure question were received for the
remaining 24 percent of the parcels. However, tenants operate
23 percent of the acres while foreign owners directly operate

50 percent and managers 6 percent. No responses on tenure were
received for the remaining 21 percent of the acres. Foreign
owners directly operate the largest number of the acres of U.S.
agricultural land in all regions of the country.

Rental agreements were reported for 5,347 parcels, or 36 per-
cent, covering 25 percent of the acres. Of the rental agree-
ments, cash agreements accounted for 65 percent and cropshare
agreements for 34 percent of the parcels.

No tenure changes were reported for 38 percent of the parcels,


PDBLE 19--U.S..POREST AUD OTHER UOBAGRICULTURAL LADDHOLDINGS
BY TYPE OF FOREIGU OER, DECEABER 31, 1983

(HUBBEB)
1 1 1 1 1
1 1 1 IPARCELS WITH | ACREAGE
OWNER | OWNERS | PARCELS | ACRES { PARTIAL | EQUIVALENT 2/
i 1 | 1 [INTERESTS 1/ | ,
L L 4. 4 1
1 ¢
INDIVIDUAL | you 459 88,776 Su 85,212
CORPORATION | 265 2,128 6,818,976 128 5,922,374
PARTNERSHIP | 75 522 360, 184 7 356, 736
ESTATE I 2 2 1,611 C) 1,611
TRUST t 19 21 16,451 0 16,451
OTHER 1 & 5 865 C) 865
1
TOTAL 1 769 3,137 7,286,863 199 6,383,249
4 —

4/__ PARCELS 81TH panda INTERESTS ARE THOSE PARCELS WHICH ARE OWNED OBLY
IN PABT BY THE FOREIGN INVESTOR; THAT IS, A PERCENTAGE INTEREST LESS THAN
100 PERCENT.

2/ ACREAGE EQUIVALENT EQUALS THE TOTAL ACREAGE REPORTED BULTIPLIED BY
THE PERCENTAGE HELD BY THE FOREIGN OWNER.

TABLE 15--FOREIGH-OBNED U.S. FOREST AND
OTHER NOBAGRICULTORAL ‘LABDHOLDIBGS
BY SIZE oF HOLDING, DECBHBER 31, 1983

4 4 1
SIZE | |OHNERS | PARCELS { ACRES
(ACRES) | |(NUBBER) | (NUMBER) | (NUMBER)
i 1 L
1
LESS THAN 20] 212 220 1,639
20-59 \ 131 134 4,372
60-99 { 49 53 3,830
100-299 1 132 168 22,141
300-999 I 113 172 63,649
1000 OR HORE} 132 2,390 7,191,232
1
TOTAL I 169 3,137 7,286,863
L

TABLE L6ceINTENDED USE DF U.S, AGRICULTURAL LANDHOLDINGS OF FOREIGN OWNERS+
DECEMBER 31y 19863
(NUMBER)

1
ITEM t no, CHANGE | OTHER [OTHER NON@ I NOT
TAGRICULTUREI AGRICULTURE! REPORTED
4.

INDIVIDUALE 1
PARCELS REPORTED !



Dispositions

and Land-Use_and

Status Changes

Characteristics
of Foreign Owners
Disposing Land

Data in this section are derived from the 354 reports (table

33) filed by foreign persons who disposed of U.S. agricultural
land, 5 reports for land-use changes into agriculture, 3 reports
for land-use changes out of agriculture, and 10 reports for
changes in status from foreign to nonforeign between January 1
and December 31, 1983. Dispositions totaled 229,118 acres,
land-use changes into and out of agriculture occurred for 1,614
and 335 acres, respectively, and changes in status to nonforeign
accounted for 282,524 acres.

For the same reasons noted at the outset of the acquisitions
discussion, the reported data for dispositions and land-use and
status changes should be regarded as preliminary for the 1983
report year. Reports that were not timely filed and/or com-
pleted or statutorily were not required to be filed by the
closing date for this report are not included.

Type of Foreign Owner--The largest amount of acres which were

disposed was in Oregon and covered 53 percent of the total dis-
positions acreage (table 33). The greatest number of disposi-
tions occurred in Texas, accounting for 26 percent of the parcels
and 11 percent of the acreage. Twenty-five States reported no
dispositions during the period.

TABLE 33--DISPOSITIONS OP U.S. AGRICULTURAL LADD BY TYPE OF POREIGH OWHERS,

BY STATE,;JARUARY 1-DECEBBER 31, 1983

(HUBBER)
1 1 1
1 INDIVIDUAL i ORGANIZATION ' TOTAL
STATE 1 _-1 —
AND U.S. ‘ 1 ' 7 1 1
+ TERRITORY 1 PARCELS {| ACRES | PARCELS { ACRES | PARCELS | ACRES
1 REPORTED | i REPORTED | | REPORTED |
r i n i L __----L
1
ARIZONA t 1 40 Wy 1,122 15 1,162
CALIFORNIA 1 1 40 8 2,275 9 2,315
COLGEADO 1 5 17,992 5 8,268 10 26,260
PLOBIDA 1 27 31 18,012 58 18,999
GEORGIA 1 7 149 38 6,037 45 6,186
IDAHO ! ) 0 1 44 1 49
ILLINOIS i 0 0 6 362 6 362
INDIANA 1 1 48 14 571 15 619
KENTUCKY I 1 10 2 384 3 394
MAINE i C) 0 7 2,376 7 2,376
MARYLAND ( 0 ° 1 263 1 263
AICHIGAN 1 Cy 0 3 78 3 78
MINNESOTA ( ) ° 4 240 4 240
MISSISSIPPI 1 0 ) 1 169 1 169
NEBRASKA 1 0 0 W 7,848 nN 7,848
uEW TORK 1 5 31 0) 0 5 31
MORTH CAROLINA 1 1 307 3 W 4 321
OREGON 1 0 0 13 121, 386 13 121,386
SOUTH CAROLINA 1 0 0 5 11,079 5 11,079
TENNESSEE 1 o C) 1 " 1 1
TEXAS 1 17 1,883 m4 22,611 91 24,894
VERAONT i 13 312 3 767 16 1,079
VIRGINIA 4 1 451 a 2,044 9 2,495
WASHINGTOR t 1m 532 6 66 20 598
WISCOHSIN i 0 0 1 309 1 309
TaTat: ! ou 29.78? 260 206.236 354 229.118


TABLE 8—-U.S. AGRICULTURAL LANDHOLDINGS BY COUNTRY GF FOREIGN OWNERs
DECEMBER 31, 1983--CONTINUED
(NUMBER)
| |
[COUNTRY ! OWNERS f PARCELS ACRES
--——. L
1
US/CGLOMBIA | 3 4 24284
US/DENMARK ' 5 6 1,844
US/ECUADOR ' 3 3 19559
US/EGYPT | 2 2 120
US/EL SALVADOR i} 1 1 12
US/F INLAND ! 2 ll 34047
US/FRANCE ' 68 249 3282222
US/GERMANY(KEST) i 203 296 4902622
US/GREECE ' 4 5 09769
US/GUATEMALA ! 2 3 412
US/GUYANA 1 1 2 334
US/HGNG KONG 4 8 70 116915629
US/LRAN 1 7 9 44049
US/IKAQ | 1 2 960
US/ITALY | 13 15 Toe 753
US/JAPAN ' 37 60 207693
US/KCREA (SOUTH) ( 1 1 75
US/KUWAIT { 2 3 166
US/LEBANCN ' 4 5 411
US/LIBERIA ' 13 7 309186
US/LIBYAN ARAB REPUBLIC 2 3 280
US/L LECHTENSTEIN 1 53 85 620477
US/LUXEMBCURG | 23 3h 119,078
US/MALAYSIA ! L 1 300
US/MEX 1CO I 18 22 324748
US/NETHERLANDS | oT €16 3419214
US/NETHERLANUS ANTILLES| 127 20% 2372052
US/NEW HEBRIDES | 2 2 20991
US/NICAR AGUA | 1 2 282
US/NURBAY | 2 3 247
US/PANAMA ! 55 aL 56.959 °
US/PHILIPPLNES | 3 3 24
US/SAUD] ARABIA | 4 12 109356
US/SGUTH AFRICA ! 2 2 34309
US/SPAIN 1 8 12 5887
US/SHEDEN 4 8 9 32322
US/SWI TZERLAND 1 139 271 196,788
US/TALHAN 1 39 39 4,077
US/THAILAND 1 1 3 252
US/TRINI DADETGBAGC | 2 3 30
US/TURKEY I 1 2 443
US/UNITEO KINGDOM 1 134 1,773 195272200
US/URUGUAY i 1 1 581
US/VENEZUELA | 30 5h 475251
US/MULTIPLE ! 25 36 1745924
US/MULTIPLE < 5% { 3 AL 601
US/THIRD TIER ! 16 % 138.349
1
SUBTOTAL 2/ H 12561 59486 By 663" 756
TOTAL ALL 1
LANDHOLDINGS ! 61498 14,606 1347399602



FABLE 37--DEISPOSIZOUS OF U.S. AGRECELYURAL LADD BY COBNTAY OF FOREKED

HERR, JABUARY 1-DECERBEE 3%, 1983
i

ti. ‘ t 1
f bauzrs i PARCELS | t SELLING
COUNTRY { REPORTING | REPORTED | ACRES J PRICE
| (HUHBER) | (HUHBER) | (HUBBER) | (1,000
i 1 ' 4 DOLLARS) 1/
1 A. 1 1
1
ARGENTINA i 2 2 160 2,264
AUSTRALIA i 1 5 59 36
AUSTRIA i 2 2 690 780
BELGIUR i) 1 1 266 325
BERHUDA 1 1 1 718 7118
BRAZIL 1 2 2 216 702
CANADA 1 30 51 25,455 31,331
CHINA I 1 1 5 208
COLOBBIA 1 2 2 89 1,053
FRANCE J 1 1 1,128 1,497
GERHANY (BEST) 1 31 34 4,168 8,614
HONG KOHG ' 1 1 40 831
IuDOuBSIA 1 1 1 17 55
IBA 1 1 1 140 13
ITALY i] 1 1 12 863
LIBCHTEESTBIB 1 3 4 1,765 3,073
HEXICO { 9 18 3,178 4,593
BETHERLANDS i 8 22 2,564 9,669
BETHERLANDS ABTILLES 1 3 5 2,846 5,103
PABABA 1 1 1 72 207
SHEDEN 1 1 1 9 4
SHITZERLAUD 1 9 15 1,743 27,115
SYRIA i 1 1 3,091 3,709
UNITED KINGDOB 1 5 7 934 14,355
VEBEZUELA 1 9 9 1,112 11,131
HULIIPLE \ 1 1 30
THIRD TIER ‘ 1 12 10,332 10,334
‘
SUBTOTAL 2/ 1 129 202 60,810 138,613
I
US/CAHADA 1 1 30 24,161 26,903
US/FRANCE ! 4 12 3,343 5,619
US/GERBABY (WEST) 1 "W 23 4,038 3,233
US/JAPAN 1 1 3 362 299
US/LIECHTERSTEIN ' 2 2 478 1,110
US/LUXEHBOURG 1 2 2 117,001 5,803
US/HEXICO ry 1 1 7 500
US/HETHERLANDS 1 4 10 278 4,820
US/NETHERLANDS ABTILLES| 1 1 13 849
US/HEW HEBRIDES | 1 2 27 290
US/PANABA f 6 8 7,298 4,063
OS/SHITZERLAND 1 9 13 2,788 9,189
US/UNITED KINGDOH 1 12 40 8,385 47,678
US/ VENEZUELA ‘ 1 2 45 679
US/HULTIPLE f 1 3 78 67
4
SUBTOTAL 3/ 1 67 152 168,308 111,102
1
TOTAL ALL 4
LAUD DISPOSITIONS 1 196 354 229,118 249,715
4

a/ SELLING PRICE IS VALUE AT TIHE OF DISPOSITION.
9/ TOTAL INTERESTS EXCLUDING U.S. CORPORATIONS BITH FOREIGN






TABLE 23--1

JANUARY 1-DECERBER 31, 1983

j-S- AGRICULTURAL LAUD ACQUISETIONS BY COUNTRY OF. POREIGH OBnER,

1 i) 1 1
1 OHNERS | PARCELS | ACRES” VALUE
COUNTRY | REPORTING { REPORTED | (NUMBER) 1 {7,000
{ QWHBER) | (NUMBER) { { DOLLARS) 1/7
1 1 L A -
1
ARGENTINA t 1 1 193 300
AUSTRALIA 1 2 2 65 1,000
AUSTRIA ! 4 5 10,663 5,738
BELGIOR i 2 2 682 64
BERMUDA f 6 6 492 2,555
CANADA 1 50 52 12,917 9,272
CAYHAB ISLANDS 1 1 1 6 215
COLOMBIA f 4 4 39 754
COSTA RICA 1 2 2 375 803
CUBA 1 1 1 10 10
DENMARK 1 6 7 7,643 2,977
ECUADOR i 1 1 5 27
EGYPT i 1 1 97 1,316
PRANCE 1 29 31 10,655 13,871
GERSANY (WEST) 1 56 n 32,265 36,557
HONG KOWG f 1 1 40 831
INDIA 1 1 1 1 81
INDONESIA 1 1 1 18 116
ISRAEL 1 2 4 3,335 2,382
ITALY 1 1 1 151 250
JAPAN f 2 3 1,034 1,428
JORDAN 1 1 1 800 1,576
KOREA (SOUTH) t 1 1 8 130
LEBANON 1 2 2 491 1,687
LIBERIA ! 1 1 25 229
LIECHTENSTEIN r 1 1 4,725 343
LUXEMBOURG 1 1 1 167 69
MALAYSIA — 1 2 2 19 265
MEXICO . 1 6 7 1,353 1,737
MOROCCO > ( 1 3 515, 18,405
NETHERLANDS 1 17 7 2,791 4,768
NETHERLANDS ANTILLES = | 12 12 9,297 15,357
ONAN 1 1 3 182 2,097
PANAMA t 2 2 1,711 2,163
SAUDI ARABIA t 3 3 859 2,569
SWEDEN 1 1 1 258 644
SUI TZERLAND 1 27 29 7,096 4,261
TAIWAN 1 1 1 10 26
UNITED ARAB EMIRATES | 3 4 2,240 4,714
UNITED KINGDON 1 24 28 5,706 14,782
VENEZUELA 1 2 2 4q7 4,020
BULTIPLE 1 4 4 404 769
THIRD TIER ' 1 6 4,656 3,501
i
SUBTOTAL 2/ 1 288 329 124,416 154,723
1
US/AUSTRALIA 1 1 1 37 927
US/ AUSTRIA 4 2 3 13,710 4,215
US/ BELGIUM f 1 1 103 90
US/ BERMUDA f 1 2 4e4 2,811
US/DRAZLL 1 1 6 938 2,403
US/CANADA 1 " 40 40,238 24,938
US/CAYMAN ISLANDS f 2 5 4,691 11,523
US/CHINA 1 1 1 322 6,250
US/ FRANCE i 8 10 2,462 16,574
US/GERMARY (EST) 1 18 25 6,759 6,630
US/JAPAN 1 1 1 13 30
US/LEBAWON ( 1 1 172 275
US/ LIECHTENSTEIN 1 3 3 1,672 3,000
US/NETHERLANDS t 5 24 18,571 8,681
US/NETHEBLANDS ANTILLES | 6 9 9,187 33,657
US/NORWAY 1 1 1 25 15
US/PARABA 1 2 2 1,748 1,330
US/SAUDI ARABIA 1 2 8 3,279 3,677
US/SPAIN 1 2 2 217 1,009
US/SWEDEN 1 2 2 2,044 2,848
US/SHITZERLAND f 15 20 9,327 16,329
US/UNITED KINGDON 1 7 59 14,575 14,813
US/ VENEZUELA 1 2 3 9,325 12,239
US/RULTIPLE 1 1 1 393 561
US/THIRD TIER I 1 28 67,114 48,774
1
SUBTOTAL 3/ 1 107 258 207,406 223,795
1
TOTAL ALL 1
LAND ACQUISITIONS =| 395 587 331,822 378,518
r

1/ WALUE IS PURCHASE PRICE OR NONPURCHASE PRICE (ESTIMATED VALUE).

>, TOTAL INTERESTS EXCLUDING U.S.

CORPORATIONS WITH FOREIGN


TABLE 20--FOREIGH OBDEBS OF U.S. AGRICULTURAL LAHD ACQUISITIONS BY STATE,
SADUARY 1-DECEABER 31, 1983

(HUBBER)
1 1
1 INDIVIDUAL t ORGANIZATION
STATE 1 oo —_ _
AND U.S. 1 t t t
TERRITORY { + PARCELS I ACRES I PARCELS 1 ACRES
1 REPORTED 1 1 REPORTED 1
: LL. i do. —
1
ALABAMA 1 0 oO 16 5,745
ARIZONA 1 4 667 6 387
ARKANSAS t 3 1,562 6 4,631
CALIFORNIA 1 3 1,201 24 17,117
COLORADO 1 7 5,904 10 20,668
CONNECTICUT 1 0 oO 1 25
FLORIDA I WwW 181 37 22,268
GEORGIA 1 19 6,141 76 109,823
HAWAII 1 0 0 2 3,372
IDAHO 1 1 210 0 oO
ILLINOIS 1 2 409 18 1,427
INDIANA 1 2 457 21 1,027
IOWA 1 oO 0 1 208
KENTUCKY 1 y 562 6 917
LOUISIANA i} oO 0 1 172
MAINE t 1 924 12 29,761
SARYLAND 1 10 1,774 3 449
SIRRESOTA 1 4 920 4 240
MISSISSIPPL 1 oO oO WwW 3,649
SISSOURI 1 3 759 0 oO
MONTANA 1 2 1,840 3 7,660
NEBRASKA 1 oO oO 3 “563
NEW HAMPSHIRE 1 0 oO 4 3,154
NER JERSEY t 4 679 2 457
NEW MEXICO 1 1 128 1 1,440
KEW YORK 1 20 904 an 2,379
NORTH CAROLINA 1 1 297 5 594
NORTH DAKOTA 1 1 319 0 oO
OHIO 1 3 688 6 1,621
OREGON 1 1 240 2 10,253
PUERTO RICO I 1 10 0 Oo
SOUTH CARCLINA 1 4 968 22 8,821.
SOUTH DAKOTA 1 1 155 oO 0
TENNESSEE. t 6 1,025 10 3,554
TEXAS 1 38 4,833 42 21,601
VERMONT 1 10 1,750 5 2,796
VIRGINIA 1 9 2,024 10 2,767
WASHINGTON 1 16 1,261 6 766
WEST VIRGINIA 1 oO oO 3 1,788
WISCONSIN 1 2 471 3 465
i)
TOTAL 1 194 39,263 393 (292,559
AL.
FABLE 21—FORGIGE-OBDED U.S. AGRICULTURAL LAND ACQUISITIOSS
BY SI£E OP ACQUISIZION, JAUUARY 1-DECEEBER 3%, 1983
4 . 1 - ‘ '
SIZE 1 OHHERS t PARCELS i ACRES 1 VALUE
(ACRES) 4 REPORTIEG {| REPORTED 1 (HUBBER) t (1,000
1 (DUHBBR) | (BORBER) | (| DOLLARS) 1/
n n L n
1
LESS THAH 20 | 60 64 599 12,506
20-59 1 1 73 2, 168 12, 688
60-99 i 34 36 2,679 12,430
100-299 { ot 102 16,717 38,488
300-999 { 82 129 45,032 109,325
1000 OB HORE | 57 183 264,627 193,085
i
TOTAL ' 395 587 331, 622 378,518
iT



For this study, individuals are defined as one person or a
husband and wife. The “partnership” category includes all
legally defined partnerships, joint ventures, and tenancies in
common which include two or more persons who are not married.
The term partnership does not differentiate between joint tenan-
cies and tenancies in common.’ In the interest of simplicity and
brevity, fine legal distinctions, however important in an indi-
vidual case, are ignored.

Each foreign entity holding land is required to file a report.
Therefore, if two individuals ow land as a partnership, the
partnership is to file one report as a partnership, with the
partners' names and citizenship listed on the back of the form.
Occasionally, however, two people will file as individuals, each
filing a separate report on the same land with a partial inter-
est of, for example, 50 percent listed on each form. Because it
is not always possible to distinguish separate reports for the
same land, two such individuals cannot be differentiated from
one partnership. This may occur when there is no legal partner-
ship but individuals own the land as tenants in common. If they
file together on one form, they are automatically considered a
partnership. If they file separately, they are generally con-
sidered individuals. Therefore, the data on individuals and
partnerships and the number of reported parcels should be used
with caution.

The act is designed to impute foreign person status to certain
U.S. entities holding direct and indirect interests in U.S.
agricultural land. For purposes of the act, this is a accom—
plished be defining each successive link in a chain of U.S.
entities containing foreign interests as a foreign person.
However, only the foreign person who actually holds the direct
interest in the land (that is, the first layer or tier) is con-
sidered the reporting entity. This entity need not actually
be foreign, but under the act it is deemed a foreign person
because another foreign person holds a significant interest or
substantial control in it. (The regulations define “signifi-
cant interest or substantial control" to mean a 5-percent or
more interest in the entity.) In some instances, that second
tier also may not actually be foreign but may be deemed foreign
under the act for the same reason. The indirect foreign owner
of the real estate may be at the end of a line of U.S. entities,
each of which is owned at least 5 percent by the preceding U.S.
entity defined to be a foreign person.

Under the regulations, the reporting entity is required to dis-
close, in addition to information about the land, certain infor-
mation about the second-tier interest. The regulations also
provide that the second-tier interest may be asked to disclose
information about the third tier. Some respondents have given
information on tiers beyond those required to be reported with-
out being requested to do so. In those cases, the information
on the last tier is used.

According to the regulations, the reporting entity, whether


TABLE 34--DISPOSITIONS OF U-S. AGRICULTURAL LAND BY FORBIGH OWNERS,
BY CITIZENSHIP OF PURCHASERS, JANUARY 1-DECEABER 31, 1983

(JUBBER)
i 1
PURCHASER ( PARCELS { ACRES
1 REPORTED 1
i _. A _—. _
1
USA ‘ 209 164,715
POREIGN f 81 23,887
UNKNOWN t 44 32,867
NO REPORT t 19 7,492
COMBINATION ( 1 157
1
TOTAL i 354 229,118
1

TABLE 35--DISPOSITIONS OF U.S. AGRICULTURAL LAND BY TYPE OF POREIGH
OWNER, JANUARY 1-DECEABER 31, 1983

(MUBBER)
1 i 1 1 '
' f ' IPARCELS WITH |
OWNER =| OWNERS | PARCELS | ACRES {| PARTIAL | ACREAGE
(REPORTING| REPORTED | { INTEREST | RQUIVALENT 2/
i ' 1 1 REPORTED 1/ {
1 i L a 1
i
INDIVIDUAL | 68 94 22,782 7 22,632
CORPORATION | 96 193 180, 254 25 168,494
PARTNERSHIP | 25 57 23,972 2 23,349
TRUST 1 5 8 1,987 0 1,987"
OTHER ( 2 2 123 0 123
4
TOTAL 1 196 354 229,118 34 216,585
i

d/ PARCELS WITH PARTIAL INTERESTS ARE THOSE PARCELS WHICH ARE OWNED
ONLY EH PART BY THE FOREIGN IWVESTOR; THAT IS, A PERCEWTAGE IBTEREST
LESS THAN 100 PERCENT.

2/ ACREAGE EQUIVALENT EQUALS THE TOTAL ACREAGE REPORTED MULTIPLIED
BY THE PERCENTAGE HELD BY THE FOREIGN OWNER.

TABLE 36--DISPOSITIONS OF FOREIGH-OWNED U.S. AGRICULTURAL LAUD
BY SIZE OF DISPOSITION, JANUARY 1-DECEABER 31, 1983

TOTAL 196 354 229,118 249,715

1 i f) 1
(| OWHERS | PARCELS | 1 SELLING
SIZE | REPORTING | REPORTED | acRES sf PRICE
(ACRES) { (0UNBER) | (NUMBER) | (HUMBER) =| (1,000

1 1 1 1 DOLLARS) 1/

i 4 1 1
LESS THAN 20 | 50 59 422 15,010
20-59 1 36 51 1,229 26,210
60-99 1 19 26 1,417 23,821
100-299 i 29 46 5,035 17,012
300-999 1 41 111 21,468 112,117
1000 OR-MORE | 21 61 199,547 55,545

1

‘

4



EFFICIENCY AND
EFFECTIVENESS

to restrict or regulate such foreign ownership: Arkansas, Iowa,
Minnesota, Missouri, North Dakota, Pennsylvania, and South
Dakota.

In addition to the restrictive or regulatory enactments, since
1975, 14 States have enacted legislation that either establishes
a program which requires foreign landowners to report their
holdings or authorizes the State agency responsible for moni-
toring foreign investment to use information that is already
being reported to the Federal Government: Arkansas, Florida,
Georgia, Illinois, Iowa, Kentucky, Minnesota, Missouri, North
Carolina, North Dakota, Ohio, Pennsylvania, South Dakota, and
Virginia. The State reporting programs, some of which are
modeled after the AFIDA legislation, require foreign owners

of U.S. real estate, primarily agricultural land, to report
their holdings and/or transactions to specified State agencies.
Iowa was the lead State in enacting foreign ownership reporting
requirements in 1975. Prior to 1975 there were no such re-
porting requirements in any State.

Section 5 of AFIDA requires the Secretary to report on the
efficiency and effectiveness of the reporting requirements in
section 2 of the act. Efficiency is interpreted to mean the
costs of current procedures. Effectiveness is interpreted to
mean compliance.

Administration of the AFIDA program for obtaining and analyzing
the data has required an estimated 10.8 staff-years at a cost
of $310,200 to the Department for the past year. The Agri-
cultural Stabilization and Conservation Service contributed
approximately 8.9 staff-years at an estimated cost of $263,100.
The remaining costs and staff-years are attributable primarily
to the Economic Research Service, with some contributions by
the Office of the General Counsel and the Office of Governmental
and Public Affairs. In fiscal year 1983 and the first quarter
of fiscal year 1984, the Department assessed 174 penalties
amounting to $109,500.


ANALYSIS OF
DATA REPORTED
UNDER THE ACT

Holdings

Concentration of
Foreign Ownership
of U.S. Agricul-
tural Land

report their names in exactly the same way on each form, it is
difficult to attribute these forms with great precision to one
person or legal entity. Some foreign persons hold land in
their own names and also hold interests in entities which own
other lands. These entities are treated as separate owners.

The data in this report should be viewed in light of the
foregoing caveats and those accompanying the tables. Reporters'
errors must also be considered in reviewing this study. Re-
sulting data deficiencies are noted and highlighted as appropri-
ate. The "No Report" category in the tables means that a re-
sponse to the particular question was not made. Note that the
acreage figures reported do not mean that they are wholly owned
by foreign investors. Of the 13.7 million foreign-owned acres,
63 percent are owned by U.S. corporations that are 5-percent or
more foreign owned (table 8). In addition, a number of acres
are owned only in part by foreign investors. See, for example,
table 2, which gives the acreage equivalent for those foreign
owners reporting partial interests in the real estate. These
partial interests reduce the 13.7 million acres of foreign
holdings of U.S. agricultural land to an equivalent of 12.4
million acres.

Data in this section are derived from the 14,806 reports filed by
foreign persons who held land as of December 31, 1983. These re-
port forms account for 13,739,602 acres of all U.S. agricultural
land. This is an increase of 278,574 acres over last year's
figure. This 278,574-acre increase is less than the 331,882
acres acquired during 1983, as reported in the acquisitions
discussion. Dispositions filed in 1983 for land disposed prior
to 1983 and acreage reductions for foreign persons whose status
changed to. nonforeign were the reasons for this occurence.

Foreigners have reported acreage holdings in 49 States, Puerto
Rico, and Guam (fig. 1 and table 1). Rhode Island is the only
State with no reported foreign-owned agricultural land. Except
for Rhode Island and Maine, only a small proportion of the

privately held agricultural land in each State in foreign owned
(fig. 2 and table 1). Deleting the acreage for Maine from the
Northeast data, foreign investment is concentrated in the South
and West which contain 35 and 29 percent, respectively, of all
reported foreign holdings of U.S. agricultural land (table 9).

Maine has the largest amount of foreign-owned U.S. agricultural
land, 2,687,408 acres, or 14 percent of the privately owned

agricultural land in the State and approximately 20 percent of
the reported foreign-owned U.S. agricultural land. Most of the
foreign-owned agricultural land in Maine, 2.6 million acres, is


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84-186261 Foreign Ownership of U.S. Agricultural Land

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TABLE 13--U.S. FOREST AND OTHER HOHAGRICULTURAL
LADDHOLDIUGS
BY COUDTRY |OP PORRIGH OWBER, DECEABER 31, 1983

(SUBBER)

1 1

COUNTRY 1 OWNERS PARCELS. { . ACRES

1 — 4

1
ARGENTINA ' 1 1 59
AUSTRALIA a 4 6 730
AUSTRIA 1 6 4 14,725
BAHABAS I 1 1 7,200
BELGIUM 1 2 2 160
BELIZE 1 1 2 102
BERMUDA 1 6 7 556
BRITISH VIRGIN ISLANDS | 5 7 21,938
CANADA ' 328 371 967,961
CAYMAN ISLAHDS 1 2 3 1,979
CHILE ' 1 1 5
CHINA 1 1 1 808
DERRARK ' 4 5 1,837
EGYPT 1 2 2 85
FRANCE ' 5 8 5,813
GERM ANY (BEST) 1 107 150 99,028
GREECE 1 3 3 118
HONG KONG 1 1 4 3,638
INDONESIA I 1 1 20
IRAN 1 2 2 131
ITALY 1 1 1 80
JAPAN 1 1 1 200
JORDAN ' 3 4 204
KOREA (SOUTH) 1 1 1 353
LEBA NO { 1 1 25
LIBERIA f 2 2 4,290
LIECHTEUSTELN iy 7 7 8,335
HEXICO 1 3 7 3,325
UETHERLANDS 1 7 8 4,360
WETHERLABDS ANTILLES = | 27 37 45,417
NEW ZEALAND ' 1 1 5
PAWABA 1 4 5 10,676
PHILIPPINES ' 3 3 146
ST VINCENT 1 1 1 20
SAUDI ARABIA i 1 1 71
SWITZERLAND f Ww 27 31,417
SYRIA 1 2 2 147
TURKS ISLANDS 1 1 1 5
UNITED KINGDOU ' 22 33 121, 381
VENEZUELA 1 10 12 2,193
VIETNAM ' 1 1 152
AULTIPLE i 5 5 3,005
THIRD TIER ' 1 413 181,715

i .

SUBTOTAL 1/ i 602 1,165 1,544,421

I .
US/AUSTRIA i 2 3 360
US/BAHABAS i 1 2 3,384
US/BELGIUM 1 2 2 1,567
OS/BERHUDA f 4 9 6,523
US/BRITISH VIRGIN 1

ISLANDS 1 1 5 9,586

US/CANADA 1 35 516 2,521,969
US/DENBARK 1 2 2 386
US/FINLAHD 1 2 W 3,007
US/PRANCE 1 9 54 163,868
US/GERMABY (WEST 1 12 38 22, 056
US/HOUG KONG I 1 62 1,685,170
OS/JAPAN 1 6 1 7,418
US/LIBERIA \ 4 4 3,520
US/LLECHTENSTEI 1 2 3 6,648
US/LUXEHEOURG 1 1 1 8
US/NETHERLANDS f 8 29 60,519
US/WETHEBLAMDS |ANTILLES| 6 15 1,905
US/HOBWAY 4 1 1 25°
US/PAMAHA i 6 9 4,026
US/SAUDI ARABIA t 1 2 257
US/SPAIN 1 1 1 60
US/SBITZERLAND 1 9 12 1,335
US/ONITED KINGDON I 46 1,094 949,802
US/VENEZUELA i 1 1 1,500
OS/MULTIPLE 1 3 W 160, 382
US/THIRD TIER 1 1 mW 121,121



TABLE 8--UsS. AGRICULT!

DECEMBER 31, 1983

URAL LANDHOLDINGS, BY COUNTRY OF FOREIGN OUNER®

(NUMBER)
'
CCUNTRY OWNERS | PARCELS ACRES
~--------------. 4.
ANDORRA 1 2 BeT42
ARGENT INA 43 48 11,730
AUSTRALIA 14 27 39134
AUSTRIA 50 67 ae 3
BAHAMAS 28 42 ,
BELGIUM 94 114
BELIZE 7 9 --
BERMUDA 47 57 170707
BGLIVIA 2 2 il
BRAZIL 4 4 39156
BRITISH VIRGIN ISLANDS 30 46 360958
CANADA 24765 32193 194719127
CAYMAN ISLANDS 43 49 14,658
CHILE 4 4 52.
CHINA 9 10 20028
CGLOMB1A 34 38 150490
COSTA RICA 8 14 16,834
CUBA 2 2 20
CZECHOSLOVAKIA 4 5 485
DENMARK 2. 24 19, 642
DOMINICAN REPUBLIC 11 14 20161
ECUADOK 25 32 961
EGYPT 8 8 519
EL SALVADCR 4 4 194
FRANCE 118 138 72198
GERMANY (WEST) 11046 15639 104,710
GREECE 10 13 565349
GUATEMALA 10 12 486
GUYANA 1 1 35
HCNOURAS ul ve 892
ONG: KONG 36 el 175,963
INDIA 14 16 983
INDONESIA 3 4 673
TRAN 26 28 39.768
IRAQ 1 1 550
IRELAND 13 17 99875
ISRAEL 6 8 3,962
ITALY 26 35 119175
Ivoky COAST 1 1 119
JAMAICA 3 3 313
JAPAN 30 35 113,090
JGKDAN 10 iT be416
KENYA L 1 32
KOREA (SOUTH) 4 4 402
KUWAIT 7 8 1,568
LEBAAKCN 31 4. 139674
LIBERIA 22 28 33,657
LIBYAN ARAB REPUBLIC 1 3 302
LIECHTENSTEIN 110 139 108» 309
LUXEMBGURG 6 7 51509
MALAYSIA 3 6 139
MEXICO 230 309 2132908

SEE FOOTNOTES AT END OF

TABLE

CONT INUED--


FOREIG}

1983, by J. Peter DeBraal and T. Alexander Majchrowicz. Ni
Resource Economics Division, Economic Research Service, U.s
Department of Agriculture. Washington, D.C. 20250. ERS ;

Report.

OWNERSHIP OF U.S. AGRICULTURAL LAND THROUGH DECEMBI

No. AGES840328, April 1984..,

ABSTRACT Foreigners owned 13.7 million acres. of U.S. agricultural 1:
of December 31, 1983. This is slightly more than 1 percent

all pri

in the
impact

vately held agricultural.land and 0.6 percent of: all
United States. This share is too small to measure t
on agriculture at the national level. However, some

munities in areas of heaviest concentration could be affect
These findings are based on an analysis of reports submitte
compliance with the Agricultural Foreign Investment Disclos

Act of

1978.

Keywords : Agricultural land, foreign landownership, land-
holdings, land acquisitions, land dispositions.

RRAREKKRKRRARRRKR RRR RRR RK KKK K AK RK KKK

*

* This paper was prepared for limited distribution to the


Relationship of
Representative to
Foreign Owner

Land Use

Intended Use

Attorneys filed forms for the largest number of parcels, 37 pe1
cent, cont dining 47 percent of the acres (table 25). Attorney:
may have atcounted for the largest number of filings because
they were involved in the transactions and filed the forms
when the transactions occurred. Foreign owners accounted for
the next largest number of parcels, 20 percent, reflecting 12
percent, of| the acres. Managers filed forms for only 17 percent
of the parcels covering 25 percent of the acreage.

Of: the acres acquired during 1983, 51 percent were forest land
(table 26)|. Cropland, pasture, and other agricultural land
totaled 146,934 acres, or 44 percent of the acquisitions. Fiv
percent of) the acreage acquired was reported in the "Other Non
agriculture” category. No foreign country of origin had
exceptionally noticeable acquisitions among the various use
categories except for unidentifiable Third Tier foreign person:
who acquired 71,770 acres, or 43 percent, of the forest land

acres.

Separating out data on reports. for only forest land or forest
land and other nonagricultural iand shows that 47 percent of
all reported acquisitions are in these two land-use categories
(tables 18 and 27). The remaining 53 percent is primarily far
land, although it includes some forest and/or other nonagricul
tural land commonly reported as part of the farmland acquisiti
(table 26).

Unidentifiable Third Tier foreign persons purchased most of th
U.S. forest land or forest and other nonagricultural lands
(table 28). These corporations account for 46 percent of such
acquisitions, 71,770 acres.

Corporations account for the largest number of owners reportin
acquisitions of forest land or forest and other nonagricultura
land--64 percent of the owners reported acquiring 81 percent o
the parcels covering 88 percent of the acres (table 29). Twen
four percent of the owners were individuals who reported ac—
quiring 10 percent of the parcels covering only 4 percent of
the acres:

Owners of| parcels with less than 1,000 acres, 60 percent of al
owners, reported acquiring 26 percent of the parcels covering
only 4 percent of the forest or forest and other nonagricultur
lands (table 30). The remaining 40 percent of the owers, ow
parcels with 1,000 or more acres, reported acquiring 74 percer
of the parcels covering 96 percent of these lands.

The reports for acquisitions indicated no change in land use
87 percent of the acres (table 31). Intended changes to othe

a

tad far



TABLE LleeUSE OF UsSe AGR’

COUNTRY:

ANDORRA
ARGENTINA
AUSTRALIA
AUSTRIA
RAHAMAS
RELGTUM
GELIZE
PERMUDA
BOLIVIA
ARAZIL
BRITISH VIRGIN ISLANDS
CANADA

CAYMAN ISLANDS
CHILE

CHING
COLOMATA
Costa RICA
cusA
CZECHOSLOVAKIA
DENMARK
DOMINTCAN REPUBLIC
ECUADNR

EGYPT

EL SALVADOR .
FRANCE
GERMANY (WEST)
GREECE
GUATEMALA
GUYANA
HONDURAS

HONG KONG
IOLA
INDONESTA
TRAN

IRAQ

IRELAND
TSRAEL

ITBLY

Ivary COAST
JAMATCS

Japan

JORNAN

KENYA

KOREA (SOUTH)
KUWATT
LEBANON
LIBERIA
UTbvas ARAB REPUBLIC
UL TECHTENSTEIN
LUXEMBAURG
MALAYSIA
MEXTCO
MOROCCO
NAMIBIA
NETHERLANDS
NETHERLANDS ANTILLES
NeW ZEALAND
NICARAGUA
NIGERIA
NORWAY

OMAN

PAKISTAN
PANAMA

PERI
PHILIPPINES
POLAND
PORTUGAL

ST VINCENT
SAUDI AR ABTA
SINGAPORE
SOUTH AFRICA
SPAIN

uencn

1 CROPLAND
'

t
'
f
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1
t
t
t
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'
'
'
'
1
t
1
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'
'
1
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1
f
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'
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t
'
1
'
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f
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1
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Pal

ICULTURAL LANDHOLDINGS BY COUNTRY OF FOREIGN OWNER?
DECEMBER 31y 1983
(ACRES)

T t U
STURE | FOREST | OTHER OTHER NON@ | NO USAGE | TUTAL
t TAGRICULTUREI AGRICULTURE! REPORTED 1

ear arnccedannececenne

° 42 ° ° 39742
685 167 450 ° 114730

14S B40 aB6 50

159017 $39 630 °

20787 29209 0

39100 19596 19485 °

232 55 55 9

61026 19054 29811 0

9 1 ° ry

35 50 132 °
211996 24524 245 ° 360958
341006 900212 455° 194716127
24692 als 16382 ° 149658
8 250 ° ° 521
B60 372 50 ° 24028
37 50128 122 ° 154990
0 20397 59678 ° 160834
3 12 0 ° 20
30 30 15 ° 45
19902 36 59226 ° 199642
0 1 138 ° 29161
° 67% 7 0 gal
85 100 ° ° 519
19 9 50 ° 194
89376 69317 69433 ° 720198
1579480 290215 334070 4 7049710
174 10 192 C) 560349
2a 35 286 ° 486
4 35 ° C) 35
° 60 ° 0 892
399719 149668 219366 0 1754963
ir 452 26 Q 983
20 283 52 ° 673
500 129 19413 ° 39768
° ° ° $50
2 24 20423 ° 99875
141 116 16 ° 39962
19882 402 79 ° 1s178
80 39 0 ° 119
9 19 3 ° 313
206 875 720 9 1130090
255 ° 910 Q 19616
9 ° ° ° 32
° 353 49 ° Oo) 402
458 125 6? 211 O) 19568
4e521 731 19493 149567 9 136674
229759 40298 ° 56179 ° 330457
15 0 ° 287 ° 302
279458 100719 19367 50732 9 1084309
667 29346 437 206 0) 50809
0 0 99 0 ° 139
1511866 59723 284665 199322 0 2139908

23 ° 4n2 40 ° 6

D) 0 0 4 ° 166
459836 119136 179520 129729 9 = 13AeM11
1699797 650529 616098 269021 9 5400158
95 5 5 102 0 367
e460 24A 60 100 ° 19348
0 ° 0 16 ° 4
667 an 259 520 ° 79143
126 126 33 39 ° 4469
9 cy ° 33 ° 20171
669183 139679 86168 249062 418 1599816
151 2 100 59 ° 477
686 228 213 71 ° 20250
25 so 0 ) C) 147
8s 200 0 19 ° 801
19230 19062 10 60 9 29637
26619 943 61034 839 ° 130897
14348 ° 39 522 ° 19909
° 0 166 23 ° 269
14039 113 182 192 ° 20619
.5e1R0 5R cys 159 ° 64523


TABLE 18--U.S. AGRICULTURAL LAHD ACQUISITIONS

OF FOREIGH OWNERS BY STATE,
JABUARY 1-DECEHBER 31, 1983

Tr

i i)
STATE i] ACRES aan | VALUE
AND U.S. J (NUMBER) =f = (1,000
TERRITORY rn {| DOLLARS) 17
_. _. 1 Le
I
ALABAMA 1 5,745 3,029
ARIZONA 1 1,054 13,269
ARKANSAS 1 6,193 8,905
CALIFORNIA 1 18,318 24,048
COLORADO i 26,572 14,873
CONNECTICUY I 25 15
FLORIDA I 22, 449 69,150
GEORGIA t 115, 964 83,858
HAWAII I 3,372 5,968
IDAHO 1 210 126
ILLINOIS { 1,836 7,139
INDIANA 1 1,484 5,238
IOWA i 208 83
KENTUCKY 1 1,473 7,064
LOUISIANA I 172 275
MAINE 1 30,685 5,231
MARYLAND i 2,223 7,163
MINNESOTA 1 1,160 326
MISSISSIPPI 1 3,649 4,775
MISSOURI ! 759 1,258
MONTANA I 9,500 4,233
NEBRASKA 1 563 1,367
NEW HAMPSHIRE i 3,154 990
NEW JERSEY 1 1,136 10,137
NEW HEXICO 1 1,568 654
WEH YORK t 3,283 1,667
NORTH CAROLINA 1 891 822
NORTH DAKOTA 1 319 327
OHIO 1 2,309 2,923
OREGON I 10,493 14,617
PUERTO RICO 1 10 10
SOUTH CAROLINA t 9,789 10,391
SOUTH DAKOTA 1 155 59
TENNESSEE I 4,579 2,387
TEXAS t 26,434 49,780
VERMONT I 4,546 2,065
VIRGINIA 1 4,791 7,410
WASHINGTON 1 2,027 3,340
WEST VIRGINIA 1 1,788 1,800
WISCONSIN i 936 1,746
ft
TOTAL 1 331,822 378,518
—L

~_

41/ WAILNR Te DaAprHAcT? votre no Wawnnoerntesn anren


2,834,748 acres, or 21 percent. Adding to this the 1,471,127
acres owned by foreign persons from Canada not connected with a
U.S. corporation raises Canadian ownership to 31 percent of all
of the reported foreign-held acreage. Foreign persons from the
United Kingdom (U.K.) and Hong Kong own 1,929,114 and 1,867,592
acres, respectively, an additional 28 percent. Foreign persons
from West Germany and the Netherlands Antilles own 1,195,322
acres (9 percent) and 777,210 acres (5 percent), respectively.
These five countries of origin own a total of 10,075,113 acres,
or 73 percent of all reported foreign-owned holdings of U.S.
agricultural land. Approximately 2 percent of the acreage,
322,471 acres, is owned by unidentifiable Third Tier persons;
that is, the acreage is not attributable to any foreign country
of origin because no foreign country of origin is listed through
the third tier of ownership.

Foreign persons from Canada, foreign persons from West Germany
not affiliated with a U.S. corporation, and U.S./U.K. corpo-
rations own the greatest number of parcels. Foreign-persons
from Canada and West Germany account for the largest number of
owners reporting.

In the South, U.S./Canada, U.S./U.K., U.S./West Germany, and
U.S./Netherlands Antilles corporations own 2,440,116 acres, or
51 percent of the foreign-held acres in the region (table 9).
An additional 712,607 acres, or 15 percent, are owned by foreign
persons from these four countries not affiliated with a U.S.
corporation. Five percent of the acreage, 260,811 acres, is
owned by unidentifiable Third Tier foreign persons.

In the West, U.S./Hong Kong corporations own more acres than any
other single group--l6 percent. Foreign persons from Canada,
the Netherlands Antilles, West Germany, and the United Kingdom
reported owning 1,848,628 acres, or 47 percent. An additional
632,705 acres, or 16 percent, of the foreign holdings in the
West were reported by U.S./Luxembourg and U.S./Netherlands
corporations and foreign persons from Hong Kong and Japan not
associated with a U.S. corporation. Foreign persons from Canada
not associated with a U.S. corporation reported the largest
number of parcels, 32 percent, but accounted for only 7 percent
of the acres.

In the Northeast, foreign persons from Canada reported owning
the most acreage--2,027,769 acres, or 57 percent. U.S./Hong
Kong corporations reported owning an additional 973,658 acres,
or 28 percent, bringing the concentration of foreign ownership
between these two countries of origin to 85 percent of the for-
eign-held acreage in the Northeast. The sizable Canadian figure
is attributable to one Canadian corporation with partial inter-
ests in 9 parcels covering 883,000 acres and one U.S./Canada
corporation owning 28 parcels covering 886,000 acres. The Hong
Kong figure is attributable to one U.S./Hong Kong corporation
which owns 25 parcels covering 974,000 acres. Foreign persons
from Canada not affiliated with a U.S. corporation reported
owning 59 percent of the parcels, but, removing the nine parcels


FOREIGN OWNERSHIP OF U.S. AGRICULTURAL LAND THROUGH DECEMBER 31, 1983

A Report to the Congress Under the
Agricultural Foreign Investment Disclosure Act*

INTRODUCTION

Summary of the
Act

Foreign individuals and entities reported owning 13.7 million
acres of U.S. agricultural land as of December 31, 1983, an
amount that represents slightly mre than 1 percent of all.
privately owned U.S. agricultural land.

The objectives of this report are to (1) analyze informatior
sent to the Secretary of Agriculture by foreign persons; (2)
determine the impact of foreign ownership of agricultural land,
particularly the effects on family farms and rural communities;
and.(3) determine the efficiency and effectiveness of the re-
porting requirements.

The Agricultural Foreign Investment Disclosure Act (AFIDA) was
signed by the President on October 14, 1978, 1/ and the regula~
tions thereunder became effective February 2, 1979. 2/ Briefly,
the law, as implemented by the regulations, requires all foreign
persons holding agricultural land as of February 1, 1979, to
file a report of such holdings with the Secretary of Agricul-
ture by August 1, 1979. All foreign persons who acquire or dis-
pose of agricultural land on or after February 2, 1979, are re-
quired to report such transactions within 90 days of the trans-
fer. In addition, any foreign person who holds land which
subsequently becomes agricultural land or any person who holds
agricultural land who subsequently becomes a foreign person must
also file a report within 90 days of such change.

AFIDA specifies in detail the information to be supplied by the
foreign person and provides that necessary additional infor-
mation may be obtained by the Secretary. The information re-
quired to be reported consists of the legal name and address of
the foreign person; citizenship, if an individual; if not an in-
dividual or a government, nature of the legal entity, including
the entity's country of creation and principal place of busi-
ness; type of interest; legal description; acreage; purchase
price or any other consideration given; and intended use. In
the case of a disposition, the seller is required to give the
legal name and address of the purchaser; citizenship, if the
purchaser is an individual; and if the purchaser is not an
individual or government, the nature of the entity, country of

* This report was prepared by J. Peter DeBraal, general at-
torney, and T. Alexander Majchrowicz, agricultural economist,
in the Natural Resource Economics Division, ERS. Clevie Gladney
and Karen Mizer, Data Services Center, ERS, provided the data
processing assistance. Laura Crenshaw prepared the manuscript.

LV Pub. L. No. 95-460, 7 U.S.C.§§ 3501-3508 (1982).

2/ 7 CFR. §§781.1-.5 (1983). See 7 C.F.R.S§ 2.21(b)(34),
-27(b)(15), .65(a)(34), and .85(a)(15) (1983) for the delega-


P.L. 95-460 authorizes collection of the data on this form. The data will be used to determine the effects of foreign persons ac-
quiring, transferring and holding agricultural land, and the effécts of such activity on family farms‘and rural communities. Furn-

NOTED ishing the data is mandatory. Failure to comply or falsification of reporting is subject to civil penalty, not to exceed 25 percent
of the fair market value of the interést held in the tract on the date of the assessment of such penalty. The data may be furn-
ished to any Agency responsible for enforcing the provision of the Act and to the public.

IMPORTANT

DEFINITION: “Person” means any individual, corporation, company, association, firm, partnership, eociety, joint stock company, trust, estate, or any other
legal entity. :

You are a “foreign person” under the provisions of P.L. 95-460 and must complete the front side of this form (ASCS-153) if your answer to each of these
three questions is “No”. . ves | No

1, 1AM a citizen of the United States

2. 1AM a citizen of the Northern Mariana Ielands or the Trust Territories of the Pacific Islands.

3, VAM lawfully admitted to the United States for permanent residence, or paroled into the United States, under the Immigration
and Nationality Act.

OR if your answer to any of these three questions is “Yes”.

4. 1AMa “person” other than an individual or government, which is created or organized under the laws of:
a._A foreign government or which has its principal place of business located outside the United States.

b. Any State of the United States, and in which 5% or more interest is held directly or indirectly by any foreign individual, government,
or legal entity.

5. 1 AMa foreign government,

INSTRUCTIONS. ‘

Complete this form in an original and three copies for each tract of land. Report as a tract all acreages under the same ownership in each county or parish,
Land in different counties or parishes must be reported as separate tracts. Insertion of carbons is necessary.

Retum the original and two copies to the Agricultural Stabilization and Conservation Service (ASCS) county office where the tract of land is located or admin.
istered. Retain the last copy (Foreign Person Copy) for your records. DO NOT SEND THIS FORM DIRECT TO WASHINGTON, D.C.

After the original disclosure on ASCS-153 on the tract(s) of land owned by the same person within a county or parish, each subsequent change of ownership
or use must be reported by filing another ASCS-153.

Item 1. ONLY ONE BOX MAY BE CHECKED, If the tract of land to be listed under item 2 was:
1, Owned on February 1, 1979, check” HOWBine” [X] and return the completed form by August 1, 1979,

If the tract of land to be listed under item 2 was, on or after February 2, 1979:
2. Acquired, check 8 LAuSeroe[X] sor
3, Disposed of, check CMY2I mi dn

. D
4. Changed from rion-agricultural to agricultural use, check” TO AGRICUL TURE LX) sor

5. Changed from agricultural to non-agricultural use, check © GAND.USE SHANGE TO|

and return the completed form within ninety (90) days after the transaction.

Item 3E3c. If incorporated or formed in the United States as an independent, affiliate, or subsidiary company, show the State of
incorporation or formation.
If the answers to 3E3 b and c are “United States” or any “state”, list the name of all foreign persons who hold any interest
in your organization and their address, citizenship of individual, country of government, and country of incorporation or
principal place of business of organizations.

tem 8, This date would be as follows for activity checked in Item 1:
t Box A and B - When acquired.
Box When disposed of.
Box D end & - When land use changed.

" ADDITIONAL INFORMATION (Use additional sheets if more space is needed)


TABLE 26--USE OF U.S. AGRICULTURAL LADD ACQUISITIONS BY COUNTRY OF FOREIGH OWNER,
JANUARY 1-DECERBER 31, 1983

(ACRES)
t i 1 1 1 1 1
couNTRY { CROPLAND | PASTURE | FOREST | OTHER OTHER WUN~ | NO USAGE .| TOTAL
t 1 l UAGRICULTURE[AGRICULTURE| REPORTED |
_L 1 L 1 1 1
1
ARGENTINA i 140 0 48 5 0 ) 193
AUSTRALIA t 60 ) 0 0 5 0 65
AUSTRIA ! 7,199 0 3,418 0 46 0) 10,663
BELGIUM f 21 21 640 Co) 0 682
BERMUDA I 234 17 56 0 55 C) 492
CANADA 1 4,742 4,271 3,333 165 406 0 12,917
CAYMAN ISLANDS l 0 0 0) 0 6 0 6
COLOMBIA 1 19 20 0 0 0 0 39
COSTA RICA 1 a 0 ° 357 18 0 375
CUBA 1 0 0 3 7 0 0 10
DENMARK 1 a1 6,930 305 34 3 C) 7,643
ECUADOR 1 0 0 0 5 0 ry 5
EGYPT ' 97 0 a 0 0 r) 97
PRANCE i 2,892 741 +2,197 342 4,483 0 10,655
GERMANY (BRST) 1 14, 304 2,087 14, 106 426 1,342 ° 32, 265
HONG KOHG 1 36 0 0 0 4 0 40
INDIA 1 0 0 0 0 1 0 1
INDONESIA 1 18 0 0 0 o 0 18
ISRAEL 1 0 3,335 70 0 0 0 3,335
ITALY 1 146 0 0 0 5 0 151
JAPAN f 791 243 C) 0 0 0 1,034
JOR DAB f 0) 0 0 800 0 800
KOREA (SOUTH) I 0 C) ) 8 0 o 8
LEBATON 1 401 40 50 ° ° 0 491
LIBERIA 1 0 25 0 0 0 C) 25
LIECHTENSTEIN 1 0 0 0 4,725 0 C) 4,725
LOXERBOURG i 0 5. 162 0 0 ° 167
MALAYSIA ' 10 ) tC) 9 0 rt 19
HEXICO 1 323 697 0 0 333 C) 1,353
HOROCCO 1 0 23 ) 492 10 0 515
NETHERLAHDS 1 1,679 275 40 720 7 C) 2,791
NETHERLANDS ABTILLES | 1,640 6,399 470 628 160 C) 9,297
OnAR f 120 ) C) 33 29 0 182
PAWABA 1 865 350 ry 496 0 C) 1,711
SAUDI ARABIA 1 156 40 0 ) 63 0 859
SWEDEN 1 258 0 0 0 0 o 258
SHITZERLABD 1 1,399 4,401 600 “473 223 0 7,096
TAIUAN ' 10 ) 0 ) C) C) 10
UNITED ARAD EMIRATES | 1 287 432 100 1,421 0 Qo 2, 240
UNITED KINGDOR t 2, 844 515 1,268 169 910 0 5,706
VENEZUELA 1 ) 417 t) 0 0 0 417
AULTIPLE ' 296 101 5 0 2 C) 404
THIRD TIER { 0 0 4,656 0 0 0 4,656
1
SUBTOTAL 1/ 1 41,937 31,515 30,838 11,145, 8,981 0 124,416
t
US/AUSTRALIA 1 20 0 ° 7 0 Oo. 7
US/AUSTRIA 1 1,230 12,480 0 ) 0 0 13,710
US/BELGION t 70 ) 30 0 3 ° 103
US/BERMUDA i 0 80 317 ) 87 0 40
US/BRAZIL 1 938 0 0 0 ) C) 938
US/CANADA 1 2,905 2,786 33,907 334 306 ° 40,238
US/CAYHAN 1SLARDS 1 ) 1,682 2,595 374 40 0 4,691
US/CHINA 1 316 0 0 ° 6 0 322
US/FRAUCE 1 181 300 1,118 172 691 0 2,462
US/GERBARY (WEST) 1 2,563 3,007 905 234 10 0 6,759
US/JAPAN 1 0 13 0 0 ) 0) 13
US/LBBAYOU 1 o 100 2. 0 0 0 172
OS/LIECHTEWSTEIY 1 1,557 27 0 OC) 88 0 1,672
US/NETHERLANDS 1 257 281 14,309 3,518 206 0 18,571
US/NETHBRLANDS ANTILLES! 2, 166 5,432 475, C) 1,118 ° 9, 187
US/HORWAY I 0 0. 25 0) 0 0 25
US/PANAHA 1 73 ° 1,661 ) Ww C) 1,748
US/SAUDI ARABIA 1 360 201 1,118 0 1,600 0 3,279
US/SPAIN i 0 160 0 57 0 CY) 217
US/SHEDEN ' 1,235 168 114 0 527 0 2,084
US/SWITZERLAND ' 5,456 2,332 1,009 394 136 0 9,327
US/UNITED KINGDOM i 793 606 12,638 112 426 0 14,575
US/VENEZUELA i 7,290 C) 0 5 2,030 0 9,325
US/HULTIPLE 1 0 C) 0 15 378 0 393
US/THIRD TIER 1 o 0 67,114 0 ) 0 67,114
1
SUBTOTAL 2/ 1 27,410 29,695 137,407 5,232 7,662 0 = 207,406
!
TOTAL ALL 1
LAND ACQUISITIONS =| 69,397 61,210 168,245 16,377 16,643 0 = 331,822
A.

4/ TOTAL INTERESTS EXCLUDING U.S. CORPORATIONS UTTH PORFTGN SHARFHATORRS


FABLE 29--U.S. PORBST AUD OTHER HOMAGRICULTURAL LADD ACQUISITIONS
BY fYPB OP PORBIGE OBHER, JADUARY 1-DRCZHBER 31, 1983

(UBER)

4 1 1 f]
IPARCELS HITH |

i} 1 i
OUDER 1 OWNERS | PARCELS | ACRES {| PARTIAL lt ACREAGE

JREPORTING|REPORTED | t INTERESTS | EQUIVALENT 2/
1 4 1 BEPORTED 1/ |
1 r nm 4 mn
‘
IupIVIDOAL | u W 5,599 0 5,599
CORFOBATION | 29 114 137,692 23 123,937
PARTNERSHIP { 5 12 12,508 0 12,508
i
TOTAL f 45 WO 155,799 23 142,048
H :

J/ PARCELS WITH PARTIAL INTERESTS ARE THOSE PARCELS HHICH ARE OUNED
ONLY IN PART BY THE POREIGH INVESTOR; THAT IS, A PERCBHTAGE INTEREST
LESS THEN 100 PERCENT. “

2/ ACREAGE EQUIVALENT EQUALS THE TOTAL ACREAGE REPORTED SULTIPLIED

BY THE PEBCENTAG

E HELD BY THE POREIGH OBBER.

‘ZABLE 30--FORBIGH ACQUISITIONS OF U.S. PORBST ADD OTHER HODAGRICULEURAL
LAGD BY SIZB OF ACQUISITION, JADUARY 1-DECEHBER 3%, 1983 _

i 1 1 1
SIZE 1 OuNERS 1 PARCELS | ACRES r VALUE
(ACRES) | REPORTING | REPORTED {4 (HUMBER) | (1,000
| (3UBBER) {| (NUMBER) | 1 DOLLARS) 1/
1 : 4 4d 1
: 4
LESS THAN 20 | 4 5 49 52
20-59 rl 5 5 146 118
60-99 4 1 1 96 47
100-299 i 10 18 2,063 1,772
300-999 I 7 8 4, 167 3,241
1000 OB HORE | 18 103 149, 278 74,839
i}
TOT RL r 45 140 155,799 80,069
4.

4/ = WALUE IS PURCHASE PRICE OR NONPURCHASE PRICE (ESTIHATBD VALUE).

TABLE 31--INTEBDED USE OF U.S. AGRICULTURAL LAUD ACQUISITIONS OF FOREIGN OBNERS,

SAUUARY 1-DECERBER 31, 1983

PARCELS REPORTED

470 36

(HUBBER)
1 1 1 1 4
ITEA 1 HO CHANGE { CTHER OTHER NON- | NO REPORT | TOTAL
f LAGRICULTORE| AGKICULTURE| 1
1 i -. 1 L
INDIVIDUAL: 1
PARCELS REPORTED 1 150 16 “23 5 194
ACRES f 31,397 5,495 2,010 361 39,263
ORGANIZATION: 1
PARCELS REPORTED | 320 20 47 6 393
ACRES 1 255,739 22,207 14,399 174 292,559
1
TOTAL: 1
t
1

ACRES.

70 ry 587
287.136 27.702 16.409 535 331.822


individual or government, provide information (names, addresses,
citizenship, and the nature of the entity) on all foreign per-
sons individually holding a 5-percent or more interest in the
entity. This 5-percent standard differs from the standard for
determining lwhether or not an entity is required to file at all.
In the latter instance, if several foreign persons cumulatively
own 5 percent or more of the entity, and no single individual
owns a 5-percent interest, the entity is defined as a foreign
person and is required to file a report. However, such an en-
tity may not be required to list the names, addresses, and re-
lated information about the foreign holders individually holding
less than 5|percent of the entity.

When the foreign person is an individual from, or an entity
created under the laws of, for example, West Germany, the re-
port is processed as “Germany (West)." Where persons from many
different countries hold direct and indirect interests in one
piece of land, an attempt is made to identify the predominant
country as the country of origin. When there is no predominant
country--for example, an equal partnership between a Canadian
and a West German--the report is processed as “Multiple.” Re-
ports filed] by U.S. corporations with foreign shareholders are
classified |"U.S./(foreign country)." For example, a U.S. corpo
ration with a Canadian shareholder who owns 5 percent or more 0:
the shares lof the U.S. corporation is processed as “U.S./Canada
Similarly, ja U.S. corporation owned by another U.S. corporation
which is 5 |percent or more owned by a Canadian corporation is
processed as "U.S./Canada." Where foreign shareholders with 5-
percent or |more interests are from a number of countries, none
of which predominates, the report is processed as "U.S. /Multi-
ple." If several foreign persons from different countries
cumulatively own 5 percent or more of the U.S. corporation and
no single person owns a 5-percent or more interest and there is
no predominant foreign. country, the report is processed as
"U.S./ Multiple < 5%." If three or more tiers of U.S. corpo—
rations aré listed with no foreign interest indicated, the re-
port is processed as "U.S./Third Tier." Noncorporate entities
with U.S. interests are processed under the predominant country
of origin.

U.S. agricultural land owned by a U.S. entity deemed a.foreign
person under the act (the party legally responsible for pro-
viding the| information required by the act) is reported from
the standpoint of the U.S. entity rather than that of the
foreign shareholder.

The AFIDA procedures provide for land to be reported by parcel:
All land held in the same manner (type of interest), located it
one county), and acquired at the same time is considered a parc
and is to |be reported on a single form. Land does not have to
be adjacent to be considered part of one parcel. This parcel