10

corporations , 33 percent, and partnerships, 12 percent (table

2). The remaining 4 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 49 percent of the parcels and 83 percent of

the acreage; individuals, 37 percent of the parcels and 7 per-
cent of the acreage; partnerships, 12 percent of the parcels

and 9 percent of the acreage; and all others, 2 percent of

the parcels and 1 percent of the acreage. When partial in-
terests are taken into account, foreign-owned acreage drops from
13.5 million acres to an equivalent of 12.1 million, but distri-
bution among the types of owners remains virtually the same.

Corporate-held parcels average 1,642 acres, or 4,195 acres

per holder), while individual-held parcels average 170 acres, or
209 acres per holder. Partnership holdings average 726 acres
per parcell, or 1,261 acres per holder, and‘all other holdings
average 536 acres per parcel, or 613 acres per holder.

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.

TABLE 2--U.Se AGRICULTURAL LANDHOLDINGS BY TYPE OF FOREIGN OWNERe
DECEMBER 31, 1982
(NUMBER)

'
IPARCELS WITH

! |

i 1 ACREAGE
OWNERS | PARCELS | ACRES 1 PARTIAL

1 '

1 1

-—-———

'
'
OWNER |
H VINTERESTS 1/ EQUIVALENT 2/
'
INDIVIDUAL || 4108 5,051 860032 495 731.029
CORPORATION | | 2668 69815 1191929825 492 109099789
PARTNERSHIP || 982 16706 192384391 249 191269429
ESTATE ' 14 17 35970 2 35929
TRUST 1 243 268 1499618 9 1459129
INSTITUTION || 2 2 885 1 825
ASSOCIATION || 1 2 54780 2 3,988
CTHER ! uv 28 99527 C) 99527
TOTAL ! 8,035 134889 134461,028 1,250 1291201645
|

1/- PARCELS WITH PARTIAL INTERESTS ARE THOSE PARCELS WHICH ARE OWNED
ONLY IN PART BY THE FOREIGN INVESTOR$ THAT IS, A PERCENTAGE INTEREST LESS
THAN 100 PERCENT.

2/_ ACREAGE EQUIVALENT EQUALS THE TOTAL ACREAGE REPORTED MULTIPLIED BY
THE PERCENTAGE HELD BY THE FOKEIGN GWNER.



TABLE 14--U.S. FOREST AND OTHER NONAGRICULTURAL LANDHOLDINGS
BY TYPE OF FOREIGN OWNER, DECEMBER 31» 1982

t (NUMBER)

~ | t ~T ~T —
{ 1 i) PARCELS WITH | ACREAGE

OWNER | CWNERS | PARCELS | ACRES f) PARTIAL 1 EQUIVALENT 2/

1 ! JINTERESTS L/ I

— i --L — L 4

INDIVIDUAL | 379 429 684259 54 64,697

CORPORATION | 235 1,927 695109446- 79 596294393

PARTNERSHIP. | 70 516 3501663 . 17 347,049

ESTATE ! 2 2 1,611 0) 1,611

TRUST i) 18 19 8,799 0 89799

OTHER 1 4 5 865 0 865
1 c

TOTAL | 708 22898 609409643 150 690520414

L/ PARCELS WITH PARTIAL INTERESTS ARE THOSE PARCELS WHICH ARE OWNED ONLY
IN PART BY THE FOREIGN INVESTOR; THAT ISe A PERCENTAGE INTEREST LESS THAN
100 PERCENT.

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

TABLE 15--FOREIGN-OWNED U.S. FOREST AND
OTHER NONAGRICULTURAL LANDHOLDINGS
BY SIZE OF HOLDING, DECEMBER 31- 1982

|
1
1
i}
!
!
1
|
1
1
1
i
1

| I ]
SIZE | OWNERS {| PARCELS {| ACRES
(ACRES) 1 (NUMBER) | (NUMBER) | (NUMBER)
1 -. L 1
I
LESS THAN 20] 207 214 19552
20-59 1 121 124 43027
60-99 | 47 51 32685
100-299 | 121 157 20,370
300-999 ! 99 152 559492
1000 OR MOREI 113 29200 69855+517
!
TOTAL \ 708 22898 699407643
1

TABLE 16seINTENDED USE OF U.S, AGRICULTURAL LANDHOLDINGS OF FOREIGN OWNERS?
DECEMBER 31+ 1982
(NUMBER)

Ite TNO CHANGE | OTHER — IOTHER NUN ft NoT 1 TOTAL
' HAGRICULTUREIAGRICULTURE! REPORTED

manne nnennnnnen nnn nnendenenencecnndenenennennedownennnnenebonemerecennbenneceneone

Innrvipiale
PARCELS REPORTED ' 49540 162 273 m6 59051
ALKES 1 TH09262 B79 542 470681 40767 8609032
ORGANIZATION 1
PARCELS REPURTED ‘ 79106 282 19322 128 60838
ACKES. Vo LLgh220227 2159071 5960278 1699420 1296009996
'
TOTALS i
PARCELS REPORTED ' 110646 aan 19595 206 130889
ACRES 1 1203629469 2829613 6619759 1760187 1394619028

31



TABLE 11--USE OF U.Se

AGRICULTURAL LANDHOLDINGS BY COUNTRY OF FOREIGN OWNERs
DECEMBER 31e 1982--CONTINUED

(ACRES)

1 i] 1 1 4 1 1

COUNTRY 1-CROPLAND | PASTURE { FOREST | OTHER JOTHER NON- | NO USAGE [| TOTAL

! I ' FAGRICULTUREI AGRICULTURE! REPORTED |

1 i 1 i 1. 1. _---—1_.

1
US/CHINA i 548 ° ° ° ° ° 548
US/COLOMBIA I 284 1,950 50 | o ° 0) 24284
US/DENMARK ! 292 235 1,301 10 6 ° 17844
US/ ECUADOR i 0 1,559 0 tC) r) ° 1,559
US/EGYPT { 0) 40 ° 15 5 ° 120
US/EL SALVADOR 1 12 ° ° ° 0 0 12
US/FINLAND i 0 0 20975 0) 72 0 39047
US/FRANCE ! 21,4673 444365 2024914 199962 154522 0 3044436
US/GERMANY( WEST) t 118,585 2649441 359345 154393 469326 390 4804480
US/ GREECE { 23 3531 ° C) 3215, 0 64769
US/GUATEMALA ' 0 392 0 20 0 0) 412
US/GUYANA ' 0 ° ° 334 CY) ° 334
US/HONG KONG ! 1.113 54319 196854170 ° at 0 146914629
US/ TRAN t 15183 1,047 905 512 402 0 41049
US/TRAQ ' 800 ) ° 0) 160 0 960
US/ITALY 1 159416 11,322 299543 60487 13,985 Cy 6, 753
US/JAPAN 1 9,800 1,610 109291 1,524 39853 0 27,078
US/KOREA (SOUTH) I ) 63 0 ° 12 0 5
US/KUWAIT ! 428 310 ° 0 28 0 766
US/LEBANCN t 50 40 oL ° 2 ° 153
US/LIBERTA 1 24046 18,816 41810 810 39470 0 299952
US/LIBYAN ARAB REPUBLIC! 0 277 3 0 280
US/LIECHTENSTEIN | 339519 41831 72990 39213 11,252 0 60805
US/LUXEMBOURG ' 124882 164,317 44820 46,374 7,686 0 2364079
US/MEXICO I 2,889 209211 1,032 5.999 25372 0 324503
US/NETHERLANDS 1 529739 60,652 590437 16,981 379746 0 = 2274555
US/NETHERLANDS ANTILLES! 990227 3681647 154237 99489 154043 0 = 5074643
US/NEW HEBRIDES ! 1,313 1,572 ° 0 174 0) 34059
US/NICARAGUA i 0 242 40 0 C) 0 282
US/NGRWAY ' C) 30 115 0 2 ° 147
US/ PANAMA 1 24,227 25,299 50956 25989 14242 0 599713
US/PHILIPPENES I 780 59 0 0 * 385 ° 1,224
US/SAUDI ARABIA 1 1,573 31562 1,891 ) 51 0 7,077
US/SOUTH AFRICA 1 1,200 1,831 178 50 50 ° 31309
US/SPAIN 1 20177 14705 1,523 a5 6 0 52496
US/ SWEDEN ' 936 145 0 0 197 ° 14278
US/SWETZERLAND ! 80,103 424365 294768 209929 129024 0 185,189
US/TAIWAN ' 49062 0 15 0 ° 0 4.077
US/THALL AND ! 175 0) C) 7 ° 0 252
US/TRINIDAD & TOBAGO | 30 ° C) C) Ct) 0 30
US/TURKEY ! 350 93 0 0 ° ) 443
US/UNITED KINGDOM I 64668 3019913 9674950 61,851 1084049 205 14504,636
US/URUGUAY ' 558 ° ° ) 23 0 581
US/ VENEZUELA f 144 1,033 1,178 335 1,089 ° 49379
US/MUL TIPLE ' 69539 49244 1595767 426 984 0 = 1714960
US/MULTIPLE < 5% 1 270 26 0 68 237 ° 601
US/THIRD TIER ! 11,766 24939 54.019 29 584 ° 695337

SUBTOTAL 2/ 1 6829182 145009761 57424331 2574792 3594606 595 8,543,267
TOTAL ALL fl
LANDHOLDINGS | 198029711 340009193 794494090 5449545 6624807 1,682 134461,028

1/) TOTAL INTERESTS EXCLUDING U.S. CORPORATIONS WITH FOREIGN SHAREHOLDERS.
2/. TOTAL INTERESTS OF U.S. CORPORATIONS WITH FOREIGN SHAREHOLDERS.

27



TABLE 20=FOREIGN OWNERS OF/ UcSo AGRICULTURAL LAND -ACQUESITIONS BY STATE?
JANUARY JeDECEMBER Bip 3962

Rem ercnenwmnennennectanenenonns

36

(RUABER )

T

' INDIVIDUAL !

STATE | pecwcennes '

AND UsSo ! I 1

TERRITORY fh PARCELS 1 ACRES 1 PARCELS
|. REPORTED | | REPORTED
neoneeecennnannantocwencancnnanoboossnseccnseectennanaaraneeeednann

ALABAMA 1 0 ° 28
ARIZONA 1 1 640 10
ARKANSAS t 1 321 12
CALIFORNIA 1 12 20897 53
COLORADO 1 18 350267 19
FLORIDA ' 15 10214 52
GEORGIA ! 29 99553 97
HAWATI 1 ° 0 2
IDAHO ' 0 ° 2
ILLINOIS ' 1 194 19
INDIANA ! 0 ° 26
KANSAS ! 2 935 0)
KENTUCKY ! 3 168 2
LOUISIANA 1 3 19849 3
MAINE \ 1 20 rs
MARYLAND \ 9 19756 9
MASSACHUSETTS | 1 4 C)
MICHIGAN ' 1 40 7
MINNESOTA | 1 26 1
MISSISSIPPI ! 0 0 6
MISSOURI I 0 ry) 1
MONTANA | 3 19602 3
NEBRASKA 1 0) 0) 1
NEW HAMPSHIRE 1 0 ) 1
NEW JERSEY ! 1 7% 6
NEW MEXICO 1 1 5 2
NEW YORK ! 32 29985 ll
NORTH CAROLINA ' 2 633 53
OHIU 1 2 207 1
OKLAHOMA 1 0 Cy) 1
OREGON ' 2 250 4
PENNSYLVANIA ~ I 1 30 2
SOUTH CAROLINA \ 1 305 156
SOUTH DAKOTA ' 2 162 0
TENNESSEE ' T 10617 19
TEXAS ! 22 50406 85
UTAH t 0 te) 4
VERMONT ' 15 19401 8
VIRGINIA ' 8 987 23
WASHINGTON 7 5 269 4
WEST VIRGINIA \ ) 0 6
WISCONSIN 3 499 1
TOTAL i 205 719914 752

Oe rd

ORGANIZATION

| ACRES
'

139089
39064
89206

199317

489407

12683

379501

304
464
29392
456

co)
29441
29307

169970

19961

)
1429037
23
39480
538

199780

69960
101
565
800

229691

199631
29474
29140

161

89
389376
tt)

59555

539485

240

19120

T9172
$12

69650
234

5049276

FR CORE ROP NOTES TROON ERROR ORE eR EN eeRET ene ne


given information on tiers beyond those required to be reported
without being requested to do so. In those cases, the infor-
mation on the last tier is used.

According to the regulations, the reporting entity, whether

U.S. or foreign, must, if such entity is a person other than an
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 whether 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 mot 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 iand , 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 of
the shares of the U.S. corporation is processed as "U.S./Cana-
da." Similarly, a U.S. corporation owned by another U.S. corpo-
ration which is 5 percent or more owned by a Canadian corpo-
ration is|processed as "U.S./Canada." Where foreign shareholders
with 5 percent or more interests aré from a number of countries,
none of which predominates, the report is processed as "U.S./
Multiple.) 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
report is jprocessed 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
providing 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 parcels.
All land held in the same manner (type of interest), located



Intended Use

46

TABLE 2705U,S_ FOREST AND OTHER NONAGRICULTURAL LAND
ACQUISITIONS OF FOREIGN OWNERS GY “STATEy
JANUARY leDECEMBER 31+ 1982

Pence r mer eomnenr corer onnemnene: monnee:

ene nentmennenmccnnseeene

STATE 1 PARCELS 1 ACRES i) VALUE
AND UbSe ' REPORTED ' (NUMBER) ' (19000
TERRITORY (NUMBER) ' 4 DOLLARS) Qs
oo nemeecotenmeacnnnnennncontronnaennnnnanenantoaneneenenennees
ALABAMA ‘ 24 90194 49855
ARKANSAS ' 2 806 515
COLURADO i) 1 156 470
GEORGIA 1 7 269608 239486
ILLINUIS ' 1 40 40
MAINE t 2 119665 19784
MICHIGAN 1 8 1429077 349107
MUNTANA 1 1 2 41
NEW HAMPSHIRE t 1 101 150
NEW JERSEY ' 2 262 19028
NEW YURK 1 5 217969 49914
NORTH CAROLINA ' 36 41268 29703
OHIO i) 1 40 2
OREGON ‘ 2 137 96
PENNSYLVANIA i] 1 58 30
SOUTH CAROLINA ' 137 300342 199912
TENNESSEE 1 12 39945 19152
TEXAS ' 2 112 792
VERMONT i) 8 10052 559
VIKGINIA ' 3 113 3
WASHINGTON 1 2 322 484
WISCONSIN i) 1 19 265
toe
TOTAL i) 323 2539350 969445

wane enerewennennnnbeosrorneoneneneneemnrnecrenseneaserncensesucerenenne

|
4/° VALUE IS PURCHASE PRICE OR. NONPURCHASE PRICE (ESTIMATED VALUE),

U.S./Multiple corporations purchased most of the U.S. forest
land or forest and other nonagricultural lands (table 28).
These corporations account for 63 percent of such acquisitions,
159,447 actes.

Corporations account for the largest number of owners reporting
acquisitions of forest land or forest and other nonagricultural
land--61 percent of the owners reported acquiring 56 percent of
the parcels covering 86 percent of the acres (table 29).
Twenty-six |percent of the owners were individuals who reported
acquiring 6 percent of the parcels covering only 1 percent. of
the acres.

Owners of parcels with less than 1,000 acres, 79 percent of all
owners, reported acquiring 25 percent of the parcels covering
only 4 percent of the forest or forest and other nonagricultural
lands (table 30). The remaining 21 percent of the owners,
owning parcels with 1,000 or more acres, reported acquiring 75
percent of |the parcels covering 96 percent of these lands.

The reports for acquisitions indicated no change in land use for
89 percent be the acres (table 31). Intended changes to other
agricultural use and nonagricultural use were reported for
holders of 7 and 4 percent of the acquired acres, respectively.
Because the| form asks for changes by parcels. and not acres, all
of these acres may not be affected by the indicated changes.



TABLE 26—USE OF U.S. AGRI

CULTURAL LAND ACQUISITION:

|JANUARY 1-DECEMBER 31, 1982

IS_ BY COUNTRY OF FOREIGN OWNER»

(ACRES)
T T | 1 7 1 1 1
COUNTRY | CROPLAND 1 PASTURE | FOREST ' | GTHER  JOTHER NON- | NO USAGE | TOTAL

! ( 1 TAGRICULTURE J AGRICULTURE! REPORTED

1 4 ! 1 i 1 1

1
ANDORRA 1 200 34500 ) 42 ° 0 39742
AUSTRIA 1 ° 0 217 0 0 0 217
BAHAMAS i ° 20 C) 38 ° 0 58
BELGIUM ! 46 20 ° 0 52 0 118
BERMUDA 1 294 285 221 o 4 oO 804
BRAZIL I 0 o 0 ° 460 C) 460
BRITISH VIRGIN ISLANDS | 13 0 25 1,383 27 ° 24248
CANADA 1 294104 24,778 12,111 31848 951 0 704792
CAYMAN TSLANDS I 310 402 282 ° 5 0 999
CHINA i 4 0 0 o ° ) 4
COLOMBIA | 20 0 0 0 C) ° 20
COSTA RICA ' ° 0 0 14020 0 0 1,020
DENMARK I 0 ) 161 ° o ° 161
€L SALVADOR i 10 oO, ° 0 ° 0 10
FRANCE i 59617. > B72 377 25310 927 0 10+103
GERMANY (WEST) ' 22,838 264489 8275 ea3 19481 ° 591966
HONG KCNG ' 52 9 0 36 114 ° 202
IRAN ' 240 41 ° ° ° ° 281
TRAQ ' 450 100 ) 0 0 0 550
JAPAN 1 ° 0 ° 131 0 ° 131
JORDAN | ° ° 153 0 ° c) 153
LEBANON ' 0 0 C) 0 42 0 42
LIECHTENSTEIN ! 1,026 70 36 20 15 0 1,167
LUXEMBCURG 1 ° 173 110 ° 6 0 289
MALAYSIA ! 10 ° 0 ) C) ° 10
MEXICO I 12266 399 C) 14074 563 ° 39302
NETHERLANDS | 1,793 34652 85 437 14847 0 7,814
NETHERLANDS ANTILLES = | 7,383 29559 679 1,395 30451 ° 159467
PANAMA ! 926 14159 0, 0 55 ° 24140
SAUDI “ARABIA I 75 354 335 0 4 ° 768
SINGAPORE ' o 0 ° 0 480 ° 480
SOUTH AFRICA ! 7 ° ° ° ° ° 17
SPAIN ! o 5 0 ° ° ° j 5
SWEDEN ! a3 195 ° 55 20 0 | 353
SWITZERLAND ' 61600 769 Sol 53 175 ° 8,098
SYRIA 1 167 0 95 ° 72 ° 334
TRINIDAD’ & TOBAGO ' 988 30 () 0 ) ° 1,018
UNITED k INGDOM 1 30972 710 1551 148 aL ° 74062
VENEZUELA ! 595 19345 134 5 1 ° 24080
YUGOSLAVIA ! 150 ° 10 ° ° 0 160
MULTIPLE ! 110 75 158 ° 0 ° 343
THIRD TIER ! ° ° 28,350 57 ° ° 284407

i

SUBTOTAL 1/. ! 855159 68,002 53,866 125935 115433 0 2314395

SEE FOOTNOTES AT END OF TABLE. CONTINUED~~

44



TABLE SdecDESPOSETLONS GF UsSo AGRICULTURAL LAND BY

ITYRE .OF RORESGN OHNORSY

Y QTATEOJANUARY .NeDECGHBER 329 3962
(NUNBBR)
seeennnencenanccennarmoncassonsseniossacanccentananonuaone jeopscoseorensonmmsaccoscnenoseoness
' INDIVIDUAL ' ORGANIZATION ' TOTAL
STATE a! ee eemeccescees | poeaeeceecoeenenecesscoms
AND UsS, yore .
TERRITORY 1 - PARCELS ' ACRES | PARCELS 1 ACRES 1 PARCELS 1 ACRES
1 REPORTED | 1 REPORTED ji ( REPORTED |
peceenanccosanencandonc eS Ce ec
ALABAHA ' 0 0 1? 19585 17 19585
ARIZONA 1 3 354 19 59536 22 59890
CALIFORNIA i) 4 307 7 4eT91 ll 59098
COLORADO ' 3 69270 7 249350 10 309620
FLORIDA i) al 2a7 10 19460 al 19687
GEORGIA i) 16 29002 28 129393 42 149396
JOAHO ' o 0 2 307 2 307
ILLINOIS 1 oO 0 6 595 6 595
INDIANA i) 0 0 2 19031 2 19031
KENTUCKY ' o ° 1 334 1 334
LOUISIANA O 0 2 8261 2 89261
MAINE: 1 0 oO i 119053 a 119053
MARYLAND ' 3 306 oO 0 3 306
MINNESOTA i) o 0 6 578 6 578
MISSOURT 1 o 0 2 39938 2 39938
MONTANA ' 1 T oO 0 1
NEW MEXICO i) 0 0 1 3%600 a4 39600
NEW YORK 1 4 169 2 417 6 646
NORTH CAROLINA 1 1 867 15 109964 16 129831
OKLAHOMA 1 C+) Co) 4 383 4 383
OREGON 1 0 oO 2 252 2 252
SOUTH CAROLINA ' ° oO 7 36) 7 361
TENNESSEE i) oO o lh 19832 ll 10632
TEXAS i) 16 19386 40 189039 54 199425
UTAH ' 5 200 6 220 9 420
VERMONT 1 9 325 1 63 10 388
VIRGINIA i} 5 19030 10 20486 15 30516
WASHINGTON i) 1 20 2 5 3 2
WEST VIRGINIA ' 0 0 1 69 2 69
'
TOTAL 1 78° 139469 210 1160982 286 1289451

eoeeneuee

50

SH ReRaccoRenasoSoconnt nemoRano DOOD ROMEnSSOES Tor EREEeCDenT Er ScRooERSsaeoEEsaoEeeodene


TABLE 2Ge@DISPOSITIONS OF UsS» AGRICULTURAL LAND BY COUNTRY OF FOREIGN OWNER® BY UsS, REGION,
VANUARY LeDECEMBER 319 1982
(NUMBER )
cocenee. ennatnnenenernansnrenterenacans: ele Caleta ean
' SOUTH 1 WEST f NORTHEAST 1 NORTH CENTRAL
lnneennnencnnternnas | mannennentannsennen | ancnenensenennnnenelonetenncece, -
COUNTRY 1 :
| PARCELS | ACRES | PARCELS | ACRES { PARCELS | ACRES | PARCELS | ACRES
IREPORTED || IREPORTED | REPORTED | IREPORTED 1
Ce et ee eomend eommanendnennnnnen
AUSTRALIA 1 10 48 ° ° ° ° ° °
AUSTRIA 1 1 114 ° 0 ° 0 0 °
BELGIUM 1 2 a8 ° 0 ° ° ° °
BRITISH VIRGIN ISLANDS | 8 936 r) ° 1 63 ° °
CANADA ' 2 oz 26 = 129180 1201529 ° °
CAYMAN ISLANDS t 1 19682 1 39506 ° ° 1 80
COLOMBIA 1 2 8 ° 0 ° ° ° °
COSTA RICA ' 1 340 ° ° ° ° ° 6
FRANCE t 4 806 1 320 ° ° ° °
GERMANY (WEST) 1 21 69742 2 618 3 306 3 39940
GREECE 1 1 5 ° ° 0 © ° °
TRELAND 1 4 383 ° ° ° ° ° °
ITALY 1 1 120 ° ° ° ° ° °
LIBERIA ' 2 106 ° ° ° ° ° °
MEXICO 1 3 310 ° ° 2 as ° °
NETHERLANDS ! 4 1028 6 240 1 5 ° °
NETHERLANDS ANTILLES | 14 210877 2 962 0 ° ° °
PANAMA ' 1 110 ° ° 1 405 ° °
SPAIN 1 1 110 0 ° ° u ° °
SWEDEN ' 2 332 ° ° ° ° ° 0
SWITZERLAND 1 7 107 ° ° ° ° ° °
SYRIA 1 1 270 ° 0 ° 0 ° °
TURKS ISLANDS ' 0 0 1 20 ° 0 ° °
UNITED KINGDOM 1 3 19516 1 39600 ° 6 ° °
VENEZUELA ' 10 19203 ° 0 ° ° ° °
THIRD TIER t 8 897 2 307 ° ° ° °
1
SUBTOTAL 3/ ' 113° 399099 42 219753 20129393 4 49020
1
US/BAHAMAS ' 1 260 C) ° ° ° o. °
US/BRAZIL ' 1 14280 ° 0 ° ° ° °
US/CANADA ( 10 10937 7 189193 G ° 4 566
US/FRANCE 1 9 vail 3 374 ° ° ° °
US/GERMANY (WEST) ' 15 59571 0 ° 0 ° o °
US/JAPAN ' 4 19545 ° ° 0 0 ° °
US/LTECHTENSTEIN ' ° () 1 237 ° ° ° °
US/LUXEMBOURG t 1 492 ° ° ° ° 0 °
US/NETHERLANDS 1 2 507 4 555 ° ° 2 431
US/NETHERLANDS ANTILLES! 0 0 2 49877 ° ° ° °
US/PANAMA 1 1 558 1 160 0 ° ° °
US/SWITZERLAND ' 3 669 1 70 ° ° 1 513
US/UNITED KINGDOM ! 19 39135 ° ) ° ° 1s 29633
US/MULTIPLE 1 ° ° ° ° ° ° 1 10
US/THIRD TIER 1 1 2 ° ° ° ° o °
1
SUBTOTAL @/ 1 67 «= 229767 19 240466 ° 0) 23 39983,
'
TOTAL ALL '
LAND DISPOSITIONS ~ | 180 619866 61 469219 20 © 129393 27 10973
Soenemmommene: ont oo as Memon seaanenneennessenenss: WHA ReRSEReRnegensensens
34 TOTAL INTERESTS EXCLUDING UsS«|CORPORATIONS WITH FOREIGN SHAREHOLDERS.
@/ TOTAL INTERESTS OF UsS. CORPORATIONS WITH FOREIGN SHAREHOLDERS.
54



TABLE 24--FOREIGN OWNE!

“ue

UsS. AGRICULTURAL LAND ACQUISITIONS BY U.S. REGION,

1-DECEMBER 31¢ 1982--CONTINUED

f]
NORTHEAST | iCRTH CENTRAL
1

1
i}
!
1

COUNTRY 1 | 1 1 i 1
| PARCELS | ACRES J PARCELS |/ ACRES | PARCELS |. ACRES | PARCELS | ACRES
{REPORTED IREPORTED | {REPORTED | (REPORTED |
1 i 1 i a Cena
]
US/BELGIUN | 1 19083 0) 0) 0 o 0 0)
US/BERMUDA ! 3 237 0 ° o 0 0 0
US/BRAZIL 1 0. o oO ° 0 0 L 170
US/BRITISH VIRGIN !

TSLANDS I 1 44 1 320 ° C) 0 °
US/CANADA ' 10 59275 9 39505 5 455 1 62960
US/DENMARK 1 ° 0 L 161 0 ° ° 0
US/EGYPT t 1 1 80 ° 0 ° 1)
US/FRANCE i] 33 6 20541 1 57 0 o
US/GERMANY (HEST) ! 29 6 219288 3 584 ° 0
US/GREECE 1 0 o C) 0 0 1 23
US/GUATEMALA ! 2 0 ° ° ° 0 0
US/ITALY ! 2 ° ) 0 0 o °
US/JAPAN 1 3 2 196 0 ° ° 0
US/LEB ANON | C) 0 o 1 19 ° 0
US/LIECHTENSTEIN ! ° 2 530 0 ° L 135
US/LUXEMBOURG ! 1 0 0 ° o ° 0
US/MEX ICO i 1 2 800 0 0) 0 °
US/NETHERL ANDS | 13. 1 1,050 1 4s 8 287
US/NETHERLANDS ANTILLES] 7 2 428 0 ° ° 0
US/PANAMA ! 10 3 14080 0 o 0 °
US/SAUDI ARABIA ' 3 ) o 0 0 co) °
US/ SWEDEN 1 1 o 0 ° 0 0 0
US/SWITZERLAND ! 7 3 1,017 1 70 3 752
US/TAIWAN I 0) 2 160 ° Co) ° 0
US/TRINIDAD & TOBAGO | 2 o 0 0 Cy 0 0
US/UNITED KINGDOM ' 11 5 194 2 40567 47 59537
US/MULTIPLE | 4 o 0 2 179440 7 142,037
US/MULTIPLE < 5% | 1 0 0 ° Cr) C) °
US/THIRD TIER ! 23 1 102 0) ° 0) °

1
SUBTOTAL 2/ ! 269 47 330452 16 234307 69 1554901

1

TOTAL ALL i
LAND ACQUISITIONS \ 133,879 499767 105 164949

2279595

42

|
As) TOTAL INTERESTS EXCLUDING U.S. CORPORATIONS WITH FOREIGN SHAREHOLDERS.
2/ TOTAL INTERESTS OF U.S. CORPORATIONS WITH FOREIGN SHAREHOLDERS «

|


14

December 31, 1982. Because land is continually being disposed
by foreign| owners, acreage amounts in each year are decreased by
these land dispositions.

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 adjusted by each State's
average annual change in farmland value, the total adjusted
current value will differ from that of table 6. Simply ex-
plained, not all land values in table 6 would have changed

at the national average. Therefore, the total adjusted current
value in table 7 should be a better measure of value than that
of table 6. The total adjusted current value by State indicates
a 13-percent increase in reported current value.

Country of Origin--Of the 13,461,028 acres of foreign-held
agricultural land reported by foreign persons, 63 percent is
held by U.S. corporations with foreign interests. The remaining
37 percent is held by foreign persons not connected with a U.S.
corporation! (table 8).

U.S. corporations with Canadian interests own the largest amount
of reported| foreign-held acres of U.S. agricultural land,
2,655,659 acres, or 20 percent. Adding to this the 1,445,109
acres owned| by foreign persons from Canada not connected with
aU.s. corporation raises Canadian ownership to 30 percent of
all of the reported foreign-held acreage. Foreign persons from
the United Kingdom (U.K.) and Hong Kong own 1,885,419 and
1,867,405 acres, respectively, an additional 28 percent.
Foreign persons from West Germany and the Netherlands Antilles
own 1,155,631 acres (9 percent) and 1,039,609 acres (8 percent),
respectively. These five countries of origin own a total of
10,048,832 acres, or 75 percent of all reported foreign-owned
holdings of |U.S. agricultural land. Approximately 2 percent

of the acreage, 251,849 acres, 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 and West Germany not affiliated with
a U.S. corporation and U.S./U.K. corporations 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 2,396,784 acres, or
52 percent of the foreign-held acres in the region (table 9).
An additional 684,382 acres, or 15 percent, are owned by foreign
persons from these four countries not affiliated with a U.S.
corporation.

In the West,/U.S./Hong Kong corporations own more acres than

any other single group--15 percent. Foreign persons from Canada,
the Netherlands Antilles, West Germany, and the United Kingdom
reported owning 2,094,992 acres, or 50 percent. An additional



Tenure

Tenure Change

32

Tenants and foreign owners each operate 34 percent of the
parcels of foreign-held U.S. agricultural land, whereas

managers only operate 8 percent of the parcels (table 17). No
responses jto the tenure question were received for the remaining
24 percent of the parcels. However, tenants operate 24 percent
of the acres while foreign owners directly operate 51 percent
and managers 5 percent. No responses on tenure were received
for the remaining 20 percent of the acres. Foreign owners
directly operate the largest number of the acres of U.S. agri-
cultural land in all regions of the country.

Rental agreements were reported for 5,094 parcels, or 37 percent,
covering 25 percent of the acres. Of the rental agreements,
cash agreements accounted for 64 percent and cropshare agree-
ments for 34 percent of the parcels.

No tenure changes were reported for 38 percent of the parcels,
or 42 percent of the acres (table 17). Reports for 35 percent
of the parcels containing 28 percent of the acres indicate a new
tenure arrangement on at least part of the land. The number of

TABLE 17#@TENURE OF FOREIGNeOWNED
UeSe AGRICULTURAL LANDHOLDINGS»
DECEMBER 319 1982

(NUMBER)
ee
TENURE | PARCELS | ACRES
Se a ee
CURRENTS
FOREIGN OWNER 49728 | 698109962
MANAGER 19103 7164928
TENANT 49724 391879573
NO REPORT 39326 27369233
TOTAL 139889 13,461,028
RENTALS
CROP 19727 684,005
BUTH 94 969056
WO REPORT 49067 392219485

NOT |APPLICABLE 49728 698109962

TOTAL 1349889 1394619028

'
i
'
'
4
{
'
'
'
'
|

Cas ! 39273 216469520

!
|
(
4
'
!
INTENDED CHANGES |
'
!
|
'
'

NOWE 59332 596669209
NEw 49896 398057806
BoT 40 329794
NG REPORT 39621 319569219

TOTAL a) 130889 © 1394614028

Salaletetee te eet a a he eee


CONTENTS

LIST OF TABLES «e+ +e ee ee sree
SUMMARY . 2-2 eee ee ee errr?
INTRODUCTION. - eee eee ee ho 8

Summary of the Act +» ++ eseee
Definitions » +e +eeee eee

ANALYSIS OF DATA REPORTED UNDER THE ACT
Holdings -+++eeee ee eet
Acquisitions «+ ++seesees
Dispositions and Land-Use Changes .
Trends - 2 ee ee ee eee eee

IMPACTS OF FOREIGN OWNERSHIP - - + + + +

EFFICIENCY AND EFFECTIVENESS - + + + + ©

APPENDIX: REPORT FORM ASCS-153  . + ++

Page

iv

vii

33
49
56
57
57

59

aii


TABLE 11--USE OF U.S.

AGRICULTURAL LANDHOLDINGS ‘BY. COUNTRY OF FOREIGN OWNERe
DECEHBER 3le 1982

(ACRES)

4 ] 1 1 1 1
COUNTRY | cropLano | pasture | FOREST | OTHER  ICTHER NON { No usAGE. | TOTAL

1 1 . 1 UAGRICULTURE AGRICULTURE! REPORTED

1 1 1. i 1 1. _--L--p-------

]
ANDORRA ' 200 34500 ° 42 0 0)
ARGENTINA ! 5414 54600 647 322 453. °
AUSTRALIA i 92 461 685 840 934 50
AUSTRIA \ 41351 29392 111649 544 564 C1) 194500
BAHAMAS ! 94330 91584 74290 29787 24289 0
BELSIUM I 54870 54,110 39039 956 1480 °
BELIZE 1 778 285 232 55 55 °
BERMUDA i 64362 1,177 5501 1,772 24340 °
BOLIVIA I 10 ) 0 1 C) 0
BRAZIL 1 14992 178° 0 ° 732 0
BRITISH VIRGIN ISLANDS | 49338 84876 194966 29524 15 0 354779
CANADA ' 1474125 164,748 140089628 350458 884695 455 194454109
CAYMAN ISLANDS i 8,257 1,311 24692 814 14367 0 149441
CHILE ! 36 C) 5 240 0 9° 2eL
CHINA | 696 50 860 377 50 ° 24033
COLOMBIA ! 1,247 99466 37 59128 122 0) 16,000
COSTA RICA t 44679 41000 CY) 24040 51660 o 169379
CUBA | 5 ° 0 5 9 o 10
CZECHCSLOVAKIA 1 257 153 30 30 15 C) 485
DENMARK \ 41985 194 1,597 ° 54223 ° 112999
DOMINICAN REPUBLIC I 21022 0 0 1 138 0 20161
ECUADGR i 208 92 ° 669 7 o 976
EGYPT 1 172 65 85 100 ° ° 422
EL SALVADOR 1 57 ° 19 ° 49 0 185
FRANCE ! 251643 22.919 54769 64220 29591 ° 635142
GERMANY (WEST) ' 284,538 1879493 1414486 28,911 324719 4 T5151
GREECE ( 322 559651 1t% 10 192 ° 569349
GUATEMALA ! 103 36 28 35 284 0 486°
GUYANA | ° 0 ° a5 ° 0 35
HONDURAS ' 815 17 0 60 0 0 892
HONG KONG I 94536 * 901638 399719 14,517 214366. 0 «1754776
INDIA 1 347 140 18 452 25 ° 982
INDONESIA ! ° 300 20 283 52 ° 655
IRAN 1 19133 593 500 129 19413 ° 35768
TRAQ 1 450 100 ° C) ° 550
TRELAND 1 14418 6,008 2 24 25423 0 99875
TSRAEL ' 350 6 14h 114 16 0 627
ITALY i 21652 6.014 14882 402 185 9 11,135
IvaRY COAST 1 ° 0 80 39 0 ° 119
JAMAICA ! ° 291 oO. 19 3 ° 313
JAPAN | 1,673 108,582 206 875 720 0 = 1124056
JORDAN { 165 60 218 ° 110 ° 553
KOREA (SOUTH) ! 0 0 0 41 0 0 41
KUWAIT | 107 458 125 67 21 0 1,568
LEBANCN ' 4eT01 69692 642 1493 19413 ° 149941
LIBERIA 1 2193 22,416 40298 ° 59169 ° 34,076
LIBYAN ARAB REPUBLIC | 120 531 ° ° 297 ° 948
LIECHTENSTEIN ' 581467 279428 10,523 20551 54790 0 1044759
LUXEMBOURG ( 1,855 662 24182 437 206 0 59342
MALAYSIA { 30 o 0) 90 0 ° 120
MEXICO 1 16,863 149,009 64264 29002 94968 0 =. 2114106
MOROCCO | 130 ) 30 ° 160
SEE FOOTNOTES AT END OF TABLE. CONTINUED-~

25



TABLE DooPOREICN | OWNERS OF UsSe AGRICULTURAL LANDHOLDINGS
YY ‘STATEs DECEMBER 3i9 3982

(NUMBER)
cmareneeneenmannerencneecnepunccnsraranacsnscanansensssesnemencenanmanne
STATE ' INDIVIOUAL ' ORGANIZATION
AND UsS. | ccpenesaneecernanenccencs|narcnereneceqnnneemnaeson

TERRITORY 1 '

Je PARCELS 1 ACRES 1 - PARCELS 1 ACRES
endeecunnecnen wecucecenhacnasnsneses
ALABAMA ' 376 5899347
ALASKA ' 0 3 753
ARIZONA i] 40 90925 220 2159830
ARKANSAS ' 52 239513 87 929888
CALIFORNIA 1 272 699234 672 8290477
COLORADO ‘ 123 1179469 200 3469327
CONNECTICUT 4 «4 105 10 696
DELAWARE i} 6 19612 8 69439
FLORIDA i) 526 279038 153 4649685
GEORGIA 1 128 449994 656 6999160
GUAM ' 0 0 2 336
HAWAII ' 23 79301 268 490073
IDAHO 1 23 69523 37 159°071
ILLINOIS ' a6 109734 302 138+040
INDIANA i) 28 49808 239 900773
IOWA ' 70 169898 57 189632
KANSAS i) 23 49979 64 639026
KENTUCKY i) 30 50398 10 359005
LOUISIANA 1 10 19749 92 140058
MAINE i) 25 159126 68 206439543
MARYLAND 1 44 79520 116 369972
MASSACHUSETTS 1 3 12 4 430
MICHIGAN 1 64 50280 52 1869732
MINNESOTA ' 35 160146 53 870072
MISSISSIPPI i] 8 937 162 3350724
MISSOURT i) 28 99740 86 510981
MONTANA 1 88 319267 84 3169523
NEBRASKA i) 9 29885 34 829463
NEVADA 1 ul 115 16 709032
NEW HAMPSHIRE i) 8 19415 19 1019751
NEW JERSEY i} 10 481 14 239507
NEW MEXICO i) 37 584 31 6610160
NEW YORK ' 502 310861 145 326523
NORTH CAROLINA i} 48 99126 339 2599602
NORTH DAKOTA ' 45 139302 14 50903
OHIU ' 36 69581 290 370321
OKLAHOMA ' 9 19040 60 270395
GREGON i] 41 79839 65 5190561
PENNSYLVANIA 1 24 29098 68 1569687
PUERTO RICO i] 4 574 6 814
SOUTH CARULINA i) 17 49429 884 5029711
SOUTH DAKOTA 1 36 119072 26 300307
TENNESSEE ' 66 159847 208 3319548
TEXAS ' 530 1679351 874 7459433
UTAH ) 515 210469 36 2179976
VERMONT 1 693 329000 222 620318
VIRGINIA ' 95 229543 222 1040810
WASHINGTON 1 527 480425 426 3499986
WEST VIRGINIA ' 19 30140 25 550100
WISCONSIN ' 55 100229 26 61435
WYOMING ! 2 * 500 25 1237063

'

TOTAL f) 59051 860032 65638 1296009996

menwnnaccenenenlanencennncecerecenesscnnenneneasenanennamernenansons

11



TABLE 8—-U.S~. AGRICULTURAL: LANDHOLDINGS BY. COUNTRY OF FOREIGN OWNER»
DECEMBER 31, 1982——CONTINUED

(NUMBER)
i 1 1
COUNTRY 1 OWNERS ' PARCELS | ACRES

n 1 a | .

1
NETHERLANDS ' 442 687 136,207
NETHERLANDS ANTILLES | 397 51 5312966
NEW ZEALAND 1 6 6 367
NICARAGUA I 2 3 19348
NIGERIA | 1 1 14
NORWAY ! 29 29 79143
OMAN 1 2 2 267
PAKISTAN ! T 9 2,172
PANAMA i} 134 185 1485732
PERU ! 2. 22 41T
PHILIPPINES ! 30 41 29250
POLAND I 1 1 147
PORTUGAL ! 4 5 801
ST VINCENT 1 2 4 21637
SAUDI ARABIA { 16 25 12,458
SINGAPORE { 3 3 525
SOUTH AFRICA ! 4 5 249
SPAIN | 16 17 22619
SWEDEN | 15 16 6,074
SWITZERLAND { 256 347 2365703
SYRIA | 6 T 8.101
TAIWAN f 19 24 24805
THAILAND ] 2 2 131
TRINIDADETOBAGO | 3 3 15667
TURKEY ! 2 2 558
TURKS ISLANOS | 9 > 10 1,585
UNITED KINGDOM 1 191 256 380, 783
URUGUAY ! T 9 129459
UsSeSeRe 1 1 1 “80
VENEZUELA | 99 139 24,811
VIETNAM ! 1 1 152
YUGOSLAVIA ! 2 2 161
MULTIPLE ' 30 40 195415
MULTIPLE < 53 1 l 1 510
THIRD TIER ' 5 426 182,512

1

SUBTOTAL 1/ 61604 8,870 4,917,761
US/ARGENT INA ' 1 2 37560
US/AUSTRALIA ! 5 6 785
US/AUSTRIA | 4 5 14257
US/BAHAMAS ! ll 27 339484
US/BELGIUM ! 24 36 60,009
US/BERMUDA { 16 54 34,002
US/BRAZIL 1 3 4 “iL, 887
US/BRITISH VIRGIN 1
ISLANDS 4 T 15

US/CANADA | 272 933
US/CAYMAN ISLANDS { 19 27
US/CHINA | 3 3
US/COLOMBIA ' 3 4
US/DENMARK a 5 6
SEE FOOTNOTES AT END OF TABLE. CONTINUED--

17



value.

acquisition was adjust
1982 (table 6).
8-percent increase in the reported curre
ment factor was based on the national av
land value over time.
presented as absolute values for the foreigi
report but should be viewed as approx:

value.

The data in table 6 are not intended in
trends over time in th
Acreage owned in the years

sons.

any man

of land that was reported purchased during that

remained foreign owned

TABLE 6e6V.

For this reason, reported current value by date of

ed to April 1982 for all years prior to
The total adjusted current value indicates an
mt value.
erage change in farm—
The adjusted current values are not
n-owned land in this

The adjust-

imations of change in

mer to indicate

e level of acquisitions by foreign per-
listed is the total amount

year and which

at the closing date of this report,

JALUE OF FOREIGNeOWNED UsSe AGRICULTURAL LANDHOLOINGS

BY DATE OF ACQUISITION» DECEMBER 31+ 1982

ananennnanenanneanncntanmmnnanane!

1 1 J ACRES i) 1 ACRES i)
t ' 1 WITH 1 PURCHASE | WITH ' NON©
Male 1 PARCELS 1 ACRES 1 PURCHASE | PRICE ]/ 1 NON] 1 PURCHASE
ACGUIRFO | (NUMBER) 1 (NUMBER) I PRICE 1 (19000 1 PURCHASE | PRICE J/
i) 1 | REPURTED | DOLLARS) | PRICE 1 (219000
1 ' 1 (wumBeR) 1 | REPORTED | DULLARS)
' t 1 i} 1 (NUMBER) 1
Lenenanneonalernnnsnrnnelecannenennnbn wonel, oo
' 957 5769190 3679040 5160397 2099150 599156
' 19846 391321464 190169671 192119800 201150793 198310228
' 1169 194249503 193739754 193809326 500749 899091
1 20176 274089960 292999466 197730762 1099496 77
' 19603 69294614 6809126 9249770 129288 9224
t 10134 7539202 7369535 4759316 169667 129353
1 167 5330449 4490171 2659763 849278 119768
1 493 2749743 2690649 1360761 50096 39150
' 10437 8629781 6210346 4590994 619435 130624
1969-66 i) 1el22 192049238 1810981 979391 9157
BEFORE 1960 1 579 193539360 629269 1089619 39927
Nu REPORT ° 160714 29876 0
'
TOTAL ' 139889 1394610028 1095909070 793949015 298700958 201859385
' eee seaman me: re -
1 1
1 ACRES 1 REPORTED ' ADJUSTED
' WITH ‘ CURRENT ' CURRENT
' CURRENT 1 VALUE 2@/ i) VALUE 3/
t VALUF t (14000 i} (1000
1 REPURTED i) DULLARS) 1 DOLLARS)
' (NUMBER) i) i}
' wenceneerennen aeccolecsenenenenesrecennecee
'
1982 ' 5769032 6139928 613-928
1981 ' 391239659 370569954 390411669
1980 i) 193139574 192359552 192789796
1979 i) 292619203 198860043
1978 t 578+790 191029730
1977 1 4869871 71950765
1976 1 46896446 3190275 3709389
1975 ' 2149259 1560123 1839423
1974=70 ' 7579825 5429016 6289739
1969-60 1 9109122 3099712 3599266
BEFORE 1960 1 6210042 1619231 1871028
NU REPORT i} 189554 Se212 61046
1
TUTAL t 1193300575 996660535 1094539791
eee eee ee anee: eenencne. oy

7 PURCHASE PRICE AND NUNPURCHASE PRICE (ESTIMATED VALUE) AT TIME OF
ACQUISITION.

2/ REPORTED CURRENT VALUE REFLECTS VALUE AT TIME OF REPORTING APTER FEBRUARY ly
1979s
3/ REPURTED CURRENT VALUE ADJUSTED TO APRIL ly 1962, REPORTED CURRENT VALUE FOR

HULDINGS ACUUIREO IN 1982 IS UNADJUSTEDs
13



TAOLE 1I--USE OF U.S. AGRICULTURAL LANDHOLDINGS BY Cc

DECEMBER 31, 1982—-CONTINUED

‘OUNTRY OF FOREIGN OWNER,

(ACRES)
! al 1 . 1 i 1 1
COUNTRY I CROPLAND | PASTURE {[ FOREST {| OTHER {OTHER NON- (NO USAGE | TOTAL
i] I 4 HAGRICULTUREJ AGRICULTURE] REPORTED |
1 1 j 1 1 1 1
t
NAMIBIA i] 142 C) ° o . 4 ) 146
NETHERLANDS ' 51,257 46585 11,261 16.698 125406 0 = 136,207
NETHERLANDS ANTILLES [| 216579 168,746 609420 592549 26 9672 0 531,966
NEW ZEALAND ' 160 95 5 5 102 °
NICARAGUA ' ° 940 248 60 100 °
NIGERIA ' ° o ° 0 14 C)
NORWAY 1 50617 667 80 259 520 °
CMAN ' 5 126 126 ° 10 °
PAKISTAN ! 20138 o 0 ° 33 0
PANAMA 454190 654533 59985 7571 26,035 418
PERU ! 165 15. 2 100 59 °
PHILLPPI NES ! 412 686 228 213 71 °
POLAND ! 72 25 50 C) ° o
PORTUGAL ! 497 85 200 0 19 0
ST VINCENT | 295 14230 10042 10 60 °
SAUDI ARABIA ' 27610 24095 943 60034 176 °
SINGAPORE | ° ° ° 5 520 °
SOUTH AFRICA ! 62 ° ° 164 23 °
SPAIN I 1,093 19039 113 182 192 °
SWEDEN ! 587 54180 58 103 146 0
SWITZERLAND | 645839 69,525 440789 339475 24,075 °
SYRIA 1 39967 133 194 30807 0
TAIWAN ! 855 1148 208 C) 594 °
THAILAND | ° 120 7 ° 4 °
TRINIDAD & TOBAGO 1 1,088 416 63 0 100 C)
TURKEY { 159 283 ° 116 0 o
TURKS’ ISLANDS ! 1,100 204 19 176 86 0
UNITED KINGDOM | 802075 163,297 113,256 175712 69443 0
URUGUAY ! 34020 79916 490 ° 1,033 0
UsSeSeRe i] 44 C) 36 ° 0 °
VENEZUELA i 99524 49140 59570 20289 30288 °
VIETNAM ' ° ° 152 ° ° °
YUGOSLAVIA 1 150 0 10 ° 1 0
MULTIPLE { 44543 8,527 32099 14222 15864 160
MULTIPLE < 5% ' 510 0 ° ° () ° 510
THIRD TIER \ 1,080 387 180,867 105 3 0 182,512
SUBTOTAL 17 i 191209529 144992432 147065759 286,753 303201 19087 449175761
US/ ARGENTINA | 42r 20931 ° o 208 ° 39560
US/AUSTRALIA ! 328 304 ° 18 135 ° 785
US/AUSTRIA ' 675 ) 554 ) 28 ° 10257
US/BAHAMAS ! 16,160 5-803 907 95655 959 ° 339484
US/BELGIUM ' 189455 49873 29347 14552 25782 ° 602009
US/BERMUDA I 28 19277 13,389 7720 95886 ° 34,002
US/BRAZIL ! 11266 0 C) 301 320 0 1,887
US/BRITISH VIRGIN 1
ISLANDS i 952 689 10,275 217 199 ° 12332
US/CANADA | 530249 929918 204294030 229545 57,917 0 246555659
US/CAYMAN ISLANDS { 132968 12210 1,548 19485 886 0 19,097
=
SEE FOOTNOTES AT END OF TABLE. CONTINUED-~
26



TABLE 1--U.S. AGRICULTURAL LANDHOLDINGS OF FOREIGN OWNERS, BY STATE, DECEMBER, 1982
l
: : : : PROPORTION OF
: . TOTAL LAND + | PRIVATELY OWNED : FOREIGN-OWNED : FOREIGN-OWNED TO
STATE t AREA : AGRICULTURAL +: AGRICULTURAL + PRIVATELY OWNED
+ OF STATE 1/ |: LAND 2/ : LAND : AGRICULTURAL LAND
2 _— 1,000 ACRES=-=--— ACRES PERCENT
ALABAMA : 32,491 | 29,467 590,145 2.0
ALASKA : 365,333 400 753 0.2
ARIZONA t 72,645 10,983 225,755 2.1
ARKANSAS. 3 33,330 28,834 116,401 0.4
CALIFORNIA : 100,031 47,353 898,711 1.9
COLORADO : 66,301 37,527 461,796 2
CONNECTICUT : 3,118 2,267 801 NEG.
DELAWARE : 1,236 1,064 8,051 0.8
FLORIDA t 34,658 26,529 491,723 1.9
GEORGIA 2 37,156 33,253 944,154 2.8
GUAM : 135 85 336 NEG.
HAWAII 2 4,112 1,992 56 374 2.
IDAHO : 52,744 15,166 165,594 1a.
ILLINOIS 2 35,613 32,326 148,774 0.5
INDIANA : 22,996 20,909. 95,581 0.5
IOWA : 35,818 33,912 35,529 O21
KANSAS o 52,338 49,911 68,003 0.1
KENTUCKY : 25,388 22,915. 40,403 0.2
LOUISIANA : 28,494 26 463 * 147,807 0.6
MAINE : 19,837 18,829 2,658 ,669 14.1
MARYLAND : 6,295 5,146 44,492 “0.9.
MASSACHUSETTS 5,007 3,322 442 NEG.
MICHIGAN 36,450 26,117 192,012 0.7
MINNESOTA 50,911 36,204 103,218 0.3
MISSISSIPPI 30,229 26,629 336,661 1.3
MISSOURI 44,125 40,025 61,721 0.2
MONTANA 93,048 - 54,189 347,810 0.6
NEBRASKA 49,052 45,397 85,348 0.2
NEVADA 70,332 7,586 70,147 0.9
NEW HAMPSHIRE 5,756 4,682 103,166 2.2
NEW JERSEY 4,780 2,894 23,988 0.8
NEW MEXICO 77,654 34,451 661,744 1.9
NEW YORK 30,321 24,257 358,384 1.5
NORTH CAROLINA 31,259 27,321 268,728 1.0
NORTH DAKOTA 44,351 39,617 19,205 NEG.
OHIO 26 243 22,979 43,902 0.2
OKLAHOMA 43,939 38,875 » 28,435 0.21
OREGON 61,558 25,685 527,400 2.1
PENNSYLVANIA 28,728 22,380 158,785 0.7
PUERTO RICO. NA NA 1,388 NEG.
RHODE ISLAND : 675 439 0 0
SOUTH CAROLINA 19,330 15,932 507,140 3.2
SOUTH DAKOTA 48,609 38,241 41,379 0.1
TENNESSEE 26,339 22,901 347,395 1.5
TEXAS 167,691 156,768 912,784 0.6
UTAH 52,527 10,779 239,445 2.2
VERMONT 5,935 5,251 94,318 1.8
VIRGINIA : 25,411 21,499 127,353 0.6
WASHINGTON : 42,567 23,028 398,411 1.7
WEST VIRGINIA 15,436 13,744 58,240 0.4
WISCONSIN : 34,833 27 637 18,664 NEG.
WYOMING : 62,073 26,142 123,563 0.5
TOTAL : 2,265,238 1,290,271 13,461,028 1.0
NA = NOT AVAILABLE
NEG. = NEGLIGIBLE
1/ 1980 LAND AREA FROM GEOGRAPHY DIVISION, CENSUS BUREAU.
2/ PRIVATELY HELD LAND BASED ONT. FREY, UNPUBLISHED DATA, ECON. RES. SERV., U.S. DEPT.
AGR., 1979. ESTIMATE OF TOTAL LESS. PUBLIC, INDIAN, TRANSPORTATION, AND URBAN LANDS.
INCLUDES FOREST LAND, PASTURELAND|, CROPLAND, RANGE, AND MISCELLANEOUS.



52

TABLE 36==DISPOSITIONS OF UsSo
BY CITEZENSHIP OF PURCHASE!

CURR R rem E RARER N ERR ERR A ERememN,

PURCHASER.

1

'
oe a

'

Usa

FOREIGN
UNKNOWN

NO REPORT
COMBINATION

TOTAL i)

eo oe ae

TABLE 35--DISPOSITIONS OF U.S.

AGRICULTURAL. LAND BY .FORESGN: OWNERS»
RS» JANUARY BeDECEMBER ‘Ble 1982
NUMBER)

” AHERN OROHeiE

PARCELS ACRES
REPORTED '
Ment n He Reonnwantaeneneneeneneraneomnnn
129 639241
97 459702
54 169363
7 39115
a 30
288 1289451

Stal ahaa tte ee eee rad

AGRICULTURAL LAND BY TYPE OF FOREIGN

OWNER, JANUARY 1-DECEMBER 31, 1982

(NUMBER)
1 1 T a tC
- ! | IPARCELS WITH |
OWNER 1 OWNERS | PARCELS | ACRES | PARTIAL . | ACREAGE
VREPORTING! REPORTED | | INTEREST | EQUIVALENT 2/
! ! ' 1 REPORTED 1 |
1 4 I 1 L ----L--
!
INDIVIDUAL | 60 78 134469 8 12,952
CORPORATION | B81 157. 97,102 14 194186
PARTNERSHIP || 22 41 16,987 6 145663
TRUST | 9 12 893 0 893
{
TOTAL ' 172. 288 =1284451 28
1

107,694

|
2/ PARCELS WITH PARTIAL. INTERESTS ARE THOSE PARCELS WHICH ARE OWNED
ONLY IN PART BY THE FOREIGN INVESTOR; THAT IS, A PERCENTAGE INTEREST

LESS THAN 100 PERCENT. |
2/ ACREAGE EQUIVALENT EQUALS

THE TUTAL ACREAGE REPORTED MULTIPLIED

BY THE PERCENTAGE HELD |BY THE FOREIGN OWNER.

TABLE 36--DISPOSITIONS OF FOREIGN-OWNED U.S. AGRICULTURAL LAND
BY SIZE OF DISPOSITION, JANUARY 1-DECEMBER 31, 1982

|
OWNERS

' ! | !
' R ' PARCELS. i | SELLING
SIZE | REPORTING. | REPORTED | ACRES | PRICE
(ACRES) ( (NUMBER) 1 (NUMBER) 1 (NUMBER) 1 (1,000
1 | 1 t { DOLLARS) 17
4 1 de. 5 ee
LESS THAN 20 1 33 36 188 5197
20-59 ‘) 29 49 986 95338
60-99 | 14 16 1,054 165312
100-299 ' 30 51 59391 172922
300-999 ! 39 67 18,538 389175
1000 OR MORE | 27 69 102,294 80.531
TOTAL H 172 288 1289451 1679475.

1/.. SELLING PRICE IS| VALUE AT

TIME OF DISPOSITION.


vili

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

In general, the quantity of foreign-owned U.S. agricultural land
remains too small to measure the impact on agriculture at the
national level. In areas of heaviest concentration, some con-
munities could be affected.

Data gathering and analysis cost the U.S. Department of Agricul-
ture approximately $362,700 for 1982. In fiscal year 1982 and
the first| quarter of fiscal year 1983, the Department assessed
309 penalties for late filings, amounting to approximately
$520,000.



Relationship of
Foreign Owner to
Representative

acquisition. Of the total foreign-owned parcels, 47 percent,
covering 34 percent of the acreage, were acquired for "Cash
Only" (table 10). This compares with 35 percent of the par-
cels, containing 21 percent of the acreage, which were acquired
by “Credit Only," and 2 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 29 percent
of the parcels, or 38 percent of the total acreage (table 10).
The second largest group is the "Other" category, which includes
accountants, family members, and people associated with or

TABLE 10e@FOREIGN©OWNED UsSe AGRICULTURAL LANDHOLDINGS
BY TYPE OF INTEREST» METHOD OF ACQUISITION?
AND OWNER@REPRESENTATIVEs DECEMBER Ble 1982
(NUMBER)

ITEM i} PARCELS i) ACRES

ween en ene een een n enone nnmernnerncnes enemennaneenenne

INTEREST! '
FEE INTEREST WHULE ' 119330 1099560817
FEE INTEREST PARTIAL J/ i} 19250 201289432
LIFE ESTATE i} 37 orT6l
TRUST BENEFICIARY ' 181 1020574
PURCHASE CUNTRACT ' 966 2200347
OTHER ' 122 459739
NU REPORT ! 3 358

i)
TUTAL i) 139889 1394619028

'

METHOD OF ACQUISITIONS 1
CaSH GNLY i} 69529 495920105
CREDIT UNLY ' 49834 297870498
TRAUE ONLY ' 283 2179220
GIFT/INMERITANCE ONLY ' 371 2279385
FORECLOSURE UNLY ' 23 80965
OTHER METHOD UNLY 1 345 202359537
CaSh & CREDIT ONLY ' 10179 9860042
CASH & “TRADE ONLY ' 135 291580097
CASm & ANY UTHER COMBINATION ' 45 119393
NU REPORT ' 60 389010
NONCASH CUMBINATIONS i) 65 1989776

7 (
TUTAL i) 139889 1394619028

'

OHNEReREPRESENTATIVES 1
ATTURNEY ' 39085 293569438
MANAGER ( 19854 293089754
AGENT 1 19198 7039567
OTHER i} 39456 295419893
FOREIGN OWNER ' 39985 50249421
NO REPORT. ' 311 259955

'
TOTAL 1 139889 1304619028

wneeeneene: ee neaneccnnnarncahnenecennacnmarecacnnemenncamamcnnnns

uu THE. FEE INTEREST PARTIAL IS USED FOR THOSE PARCELS WHICH ARE

OWNED ONLY IN PART BY THE FOREIGN INVESTORS THAT ISe* A PERCENTAGE
INTEREST LESS THAN 100 PERCENTe

23



REPORT FORM ASCS-153

Form Approved » OMB No. 40 R 4065

APPENDIX:
TvSc DEPARTNENT OF AGRICULTURE
ASCS-153 Agricultural Stabilization and Conservation Service

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

Additional Space is Needed, Use Reverse.

TYPE ACTIVITY (See Fever:

3) (Cheek one)

‘ALAND:
HOLDING

D LAND USE CHANGE
TO AGRICULTURE,

BLAND. CLAND
: ACQUISITION BISPosiTION|

ELANDUSE CHANGE TO}
NON-AGRICUL TURE.

TTEM Toso TEM CHECK
2_ Tract Location and Description Typo of Interest Held by Foreign Porson (Check one)
K-LEGAL DESCRIPTION OR ASCS TRACT NUMBER, A. Fee Interest (ownership) Whole
] B. Fee Interest (ownership) Partial [WHAT %
. Life Estate
D, Trust Beneficiary
E. Option
F. Purchase Contract
Sy COUNTY OF PARISH NO, ACRES : G. Other (explain)
D. STATE S
E. F.P, TRACT 1D (Office Use Only) 8 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. 10 NO-(Nine digita) CHECK IE NO B. Gift or Inheritance
Foreclosure
[. ADDRESS (Steet, Clty, State/Province, Countey)
F. Other (explain)
:
D. Person Receiving This Tract. Complete ONLY if item 1C - Land 7. Land Value, Including Improvements ]
Disposition - is checked. ‘A. Purchase Price of Land $
1) NAME L Non-Purchase, Estimated Value at the ]
2. ADDRESS (Street, City, State/Province, Country) ane Time of Acquisition
B. What is the estimated current value or ita
: land disposition, the selling price of the
= tract of land.
TT ETT ZENSHIP ——
ve] _roneion[] _unnwowe C) How much of purchase pioeinIem 7A |
E. Type of Owner (Check one) ONT TERE
1. Individual (including husband/wife) 8 Date of Acquisition or j j
| ransfer (see reverse)
a. Citizenship of Individual 9. Current Land Uso (usual use; for Idle, check acnes
‘2. Government (name of country) _| I “Other”.) Roport in Whole Numbers.
3. Organization (list on the reverse the Name, Address and Country A Crop (specify by acreage on reverse)
of all other foreign persons holding an interest In this tract. B. Pasture
a Type fi y C._ Forest or Timber
sorporation = —
2) Partnership D. Other Agriculture =
3) Estate E, Other Non-Agriculture ee
4) Trust F,_Totel (should equal 2G)
, cHEC
5) Institution 10, tn . od Ue of This Date (Check one) [cHEcK”
6) Association onan
77) Other B, Other Agriculture
B. Gov't. or country under whose | C._Other Non-Agriculture
law the organization is created 11. Relationship of Forei
7 > . ign Owner to Producer
@ Principal place of business (for | A.. Producer is (check one):
organizations only) (see reverse)
‘&_Representative of Foreign Investor (completing form, if applicable) 1. Foreign owner
NRE
2. Manager
3. ADDRESS Gireet, State and Coun ‘i
— ~” 3. Tenant or sharecropper
B. Rental agreement is (check one):
1. A crop share
c. TELEPHONE NO. (Area Code) 2. Cash or fixed rent
D, Relationship of Representative to Foreign Person
1, Attorney 12. Is the Producer on This Tract:
2, Manager ‘A. Same person as when the tract was acquired
3, Agent
‘4. Other (explain on reverse) B. Anew person
sTSNATURE (Owner of legally authorized reprosentativey

13. CERTIFICATION - I certify that the information entered
above is complete and correct. I understand that falsification of

Pre

reporting is subject to a civil penalty not to exceed 25% of the [TITLE

fair market value of the interest held in the tract of land.

59







TABLE 9—FOREIGN OWNERSHIP OF U.S. AGRICULTURAL LANDHOLDINGS BY U.S. REGION,
DECEMBER 31, 1982—-CONTINUED
(NUMBER)

SOUTH WEST NORTHEAST

COUNTRY

a
1
|
1
!
1

r | T 1
PARCELS | Ac} PARCELS | ACRES PARCELS | ACRES
1 i “1

moROcCO
NAMIBIA
NETHERLANDS
NETHERLANDS ANTILLES
NEW ZEALAND
NICARAGUA
NIGERIA
NORWAY

‘OMAN
PAKISTAN
PANAMA

PERU
PHILIPPINES
POLAND
PORTUGAL

ST VINCENT
SAUDI ARABIA
SINGAPORE
SOUTH AFRICA
SPAIN

SWEDEN
SWITZERLAND
- SYRIA

1
1
1
1
1
1
1
| 0 0
1
1
1
1
1
1
1
1
1
!
1
!
1
1
1
1
1
TAIWAN 1
1
1
'
!
1
1
1
1
i
!
1
1
1
1
t
{
1
1
'
1
1
!
1
'
!
1

146 oO
4, 851 579789
Le 704 242,981
367

0

160
0

w
Noo
e

rom

14,880
27,667

&
Po]
*
w

Nooo

0

345
262
20171
839245
BL

Noe00005
N

w

15132
oO 147
416
oO 15319

0

480
209
C)

~

74918
5

20

849
49832
519639
1%
19485
0

w
UUINe SOsOoM OMICS

1
44,031

~
o
DON FOONENSUOWNE WOO
*
o
MOM COV OR UR OOCONN EOP ROR E HOM

*
ON RF OMGONRWOOFOCOOUrROO

~
~

0
°
0
0

THAILAND
TRINIDAD & TOBAGO
TURKEY

TURKS ISLANDS
UNITED KINGDOM
URUGUAY
UsSeSeRe
VENEZUELA
VIETNAM
YUGOSLAVIA
MULTIPLE
MULTIPLE < 52%
THIRD TIER

988
38
834 1
112074
127

0

7227

. oO

5
Or croomNNanrone
w
y

320
80
oO
oO

3,095
0

S

165954
152
oO

rm

630
0

1 0 160
129444 174 0
510
560729

N
oNor

6,797
°

o 0
415 124,977 179 627

SUBTOTAL 1/ 39449 11508,590 20730 19720,887

rs

15280+597 407,687
US/ARGENTINA
US/AUSTRALIA
US/AUSTRIA
US/BAHAMAS
US/BELGIUM
US/BERMUDA
US/BRAZIL
US/BRITISH. VIRGIN

ISLANDS
US/CANADA

“US/CAYHMAN. .I.SLANDS

US/CHINA =~

pain ———-----—1
SEE FOOTNOTES AT END OF TABLE. CONTINUED--

0 39560
125 642
12
6
31

1s417
0

o
39274
973
410
170

2
wuesoun & Noomoros

oouNeNO

94944
444749
688

0

90
972,876
250

0

w
o

weENW of 50r0
@ ro

Oran
wv

ohe



Table
17. Tenure of foreign-owned U.S. agricultural
landholdings, December 31, 1982 2.2. ee ee eee ee
18. U.S. agricultural land acquisitions of foreign
owners by State, January 1-December 31, 1982 - ++ +
19.. U.S. agricultural ‘land acquisitions by type of
foreign owner, January 1-December 31, 1982 «+ ++ ©
20. Foreign owners of U.S. agricultural land acquisi-
tions by State, January 1-December 31, 1982 . - + +>
21. Foreign-owned U.S. agricultural land acquisitions
by size of acquisition, January 1-December 31, 1982 .
22. Value of U.S agricultural land acquisitions by type
of foreign owner, January 1-December 31, 1982 . + + +
23.. U.S. agricultural land acquisitions by country of
foreign owner, January 1-December 31, 1982 .« +++
24. Foreign ownership of U.S. agricultural land acquisi-
tions by U.S. region, January 1-December 31, 1982 . -
25. Foreign-owned U.S. agricultural land acquisitions
by type of interest, method of acquisition, and
owner-representative, January 1-December. 31, 1982 . -
26. - Use of U.S. agricultural .land acquisitions by country
of foreign owner, January 1-December 31, 1982 eee
27. U.S. forest and other nonagricultural land acquisi-
tions of foreign owners by State, January 1-December
31, 1982 2. eee eee eee eet ett
28. U.S. forest and other nonagricultural land acquisi-
tions by country of foreign owner, January 1-December
31, 1982 2. ee ee ee ee eee ees
29. U.S. forest and other nonagricultural land acquisi-
tions by type of foreign owner, January 1-December
31, 1982 2. eee eee eer eer eer
30. Foreign acquisitions of U.S. forest and other non-
agricultural land py size of acquisition, January 1-
December 31, 1982 - +++ eee eee ee rrrre ®t
31. Intended use of U.S. agricultural land acquisitions

of foreign owners, January i-December 31, 1982 - + +

35

35

36

37

37

38

43

44

46

47

47

48

48


LIST OF TABLES Table Page

1. U.S. agricultural landholdings of foreign owners,
by State, December 31, 1982 2... .-. ce. ee ee 8

2. U.S. agricultural landholdings by type of foreign
owner, December 31, 1982... 1.4.02 ee ee eee 10

3. Foreign owners of U.S. agricultural landholdings
by State, December 31, 1982 2... ee ee ee eee Ld

4. Foreign-owned U.S. agricultural landholdings by
size of holding, December 31, 1982 ......... 12

5. Value of U.S. agricultural landholdings by type
of foreign owner, December 31, 1982 ........ 12

6., Value lof foreign-owned U.S. agricultural land-
holdings by date of acquisition, December 31, 1982 . 13

7. Value jof foreign-owned U.S. agricultural land-
holdings by State, December 31, 1982 eee ee ew e 15

8. U.S. agricultural landholdings by country of foreign
owner, December 31, 1982 . 2... 1 2 ee ee ee ee 16

9. Foreign ownership of U.S. agricultural landholdings
by U.S. region, December 31, 1982 ......... 19

10. Foreign-owned U.S. agricultural landholdings by
type of interest, method of acquisition, and owner-
representative, December 31, 1982 ........4.2 23

11. Use of|/U.S. agricultural landholdings by country
of foreign owner, December 31, 1982 ......4...4 25

12. U.S. forest and other nonagricultural landholdings
of foreign owners by State, December 31, 1982 ... 29

13. U.S. forest and other nonagricultural landholdings
by country of foreign owner, December 31, 1982... 30

14. U.S. forest and other nonagricultural landholdings
by type of foreign owner, December 31, 1982 .... 31

15. Foreign-owned U.S. forest and other nonagricultural
landholdings by size of holding, December 31, 1982 . 31

16. Intended use of U.S. agricultural landholdings of
foreign owners, December 31, 1982 ......... 31

iv





SUMMARY

Foreign persons reported that they owned 13.5 million acres, or
slightly more than 1 percent, of U.S. agricultural land (farm-
jand and forestry) as of December 31, 1982. This figure is

1 million acres larger than last year's figure. However, all
of the increase. in foreign landownership did not occur since the
closing date of the previous report-—December 31, 1981. The

1 million acres includes 424,000 acres that were acquired prior
to 1982 but which were filed after last year's cutoff date.
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 55 percent of all foreign-owned acre-
age, cropland for 13 percent, pasture and other agricultural
land for 27 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.
corporation.

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 13.5 million acres are adjusted
for these partial interests, the total foreign-owned acreage
drops to 12.1 million acres, a reduction of 11 percent.

Foreign persons from Canada, the United Kingdom, Hong Kong, West
Germany, and the Netherlands Antilles account for 75 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 96 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 owned.

Except for Maine, foreign holdings are concentrated in the South
and West--34 percent of the holdings are in the South and 31
percent in the West. Rhode Island is the only State with no
reported foreign-owned agricultural land.

vil


TABLE TeeVALUE OF FOREIGN©OWNED U.S, AGRICULTURAL LANDHOLOINGS
BY STATE* DECEMBER 31+ 1962

i} ' ' ACRES i} REPORTED ADJUSTED
' 1 REPORTED ' WITH t CURRENT CURRENT
STATE AND 1 ACRES ' VALUE )/ 1 CURRENT i) VALUE 2/ VALUE 3/
UeSe TERKITURY «I (NUMBER) ' (19000 | VALUE ' (19000 (10000
' ' DOLLARS) 1 REPORTED i) DULLARS) DOLLARS)
1 1 ' (NUMBER) 1
weeneeeeeenenee de ewenenn nce nn edanwewer renner ed nnecen nner encelenemenanrncrne
ALABAMA ' 5900145 3079739 5799796 3420546 3700661
ALASKA ' 753 345 753 345 370
ARIZONA 1 2250755 2929687 1519410 29290716 3459729
ARKANSAS ‘ 11694601 1219833 1119970 1249938 1479261
CALIFORNIA i} B9oe71) 196629862 8179386 1495889106 291009534
COLORAUO 1 4619796 3939421 3909794 3499638 3860941
CONNECTICUT 1 Bol 21698 692 19509 leo67
DELAWARE 1 89051 109524 6016 69867 69116
FLURIDA i) 4910723 8789974 3970711 9189746 9869910
GEURGIA i) 9449154 6859251 9049533 7039993 6889865
GUAM i) 336 29389 0 oO i)
HOwATI ' 560374 409574 560064 409181 460072
10AaHO ' 1659594 629621 1649772 639538 759270
ILLINOIS 1 1480774 2129630 1419512 2370905 1979730
INDIANA 1 959581 1059328 860932 989583 869336
108A | 350529 520017 329890 559472 599321
KANSAS i} 68+003 349553 659315 360754 390157
KENTUCKY 1 409403 549630 269088 481965 510783
LOUISIANA ' 1470807 1319856 1079798 1279875 1579954
MAINE i) 246589669 3229093 107589094 3029179 3179613
MARYLAND 1 449492 940355 400946 1059162 1179504
MASSACHUSETTS t 442 908 254 781 882
MICHIGAN ' 1929012 682462 1899451 609047 6396046
MINNESUTA i) 1030218 179386 899507 179738 209970
MISSISSIPPI 1 3369661 2509625 3300859 2530585 2800627
*ISSOURT 1 619721 530631 569909 699960 169070
MONTANA ' 347¢810 529763 3159252 549043 569489
NEBRASKA i) 859348 169533 749513 279595 300416
NEVADA ' TUel4T 159249 709062 17291 219617
NEw HAMPSHIRE 1 1039166 149215 1029119 139469 159263
NEw JERSEY i) 2309868 949736 199710 849858 919315
NEw MEXICO ' 6619744 481683 5029902 6194623 700785
NEw YORK 1 3589384 809681 3479827 659688 950437
NORTH CAROLINA i) 2680728 1179217 2560976 1479082 1559955
NORTH DAKOTA i) 199205 39222 lov791 69907 BeU5T
OHIO i) 439902 939273 239208 999537 661684
UKLAHOMA ' 289435 217032 279760 239304 280182
UREGUN i) 5279400 2219203 3629362 2149327 2239061
PENNSYLVANIA i) 1560785 299096 1569798 319362- 300950
PUERTU RICO ' 19388 49414 19388 41646 59389
SOUTH CAROLINA 1 5079140 2469569 4989201 2550038 2699202
SOUTH DAKOTA i) 419379 149338 360356 140019 159178
TENNESSEE i) 3479395 55000 3412998 699070 580136
TEXAS ' 9129784 192070727 7859617 191560834 106719632
UTAH i} 2390445 879958 2100676 1419688 1789984
VERMONT i) 949318 649961 879763 129464 819336
VIRGINIA ( 1279353 1759023 1019669 1509929 1549266
WASHINGTON ! 3989411 9929374 3389278 93 191029356
WEST VIRGINIA ' 589240 81584 579661 1 41 150457
WISCONSIN | 189664 239215 149271 210780 240461
WYOMING 1 1239563 309512 699763 159218 160678
1 1
TOTAL ' 1394619028 995799370 1193300575 996649535 1009339253

een nnenenawdenwnnneceneneneessenanaanseeneeranen

2/_ REPURTEL VALUE IS PURCHASE PRICE OR NUNPURCHASE PRICE (ESTIMATED VALUE) AT TIME OF
ACQUISITION

a/ REPORTED CURRENT VALUE REFLECTS VALUE AT TIME OF REPORTING AFTER FEBRUARY lo 1979.

3/. REPORTED CURRENT VALUE ADJUSTED TO APRIL le 1982~ REPORTED CURRENT VALUE FOR HOLDINGS
ACQUIRED IN 1982 IS UNADJUSTED,

15



United States
Department of
Agriculture

Economic .
Research
Service

Staff Report
AGES 830310

Foreign Ownershipof

U.S. Agricultural Land
Through December 33, 1982


TABLE 29e0U,$. AGRICULTURAL/ LAND ACQUISITIONS BY COUNTRY OF FOREIGN OWNER?
‘JANUARY LeDECEMBER 329 3982

OOS OS SESS TEC S OHNE NOE SESH EEE FEE ENENSerereneete

|

fa | OWNERS | PARCELS. | ACRES ' VALUE
COUNTRY 1 REPORTING | REPORTED | (NUMBER) | (19000
1 (NUMBER) | (NUMBER) 1 1 DOLLARS) }7

suecenennanreneresarsenhoocrneneranbensscwesescloveneernrcnlscnrecrerererne
ANDORRA ' 1 2 39742 19267
AUSTRIA ! 3 3 217 163
BAHAMAS ' 3 3 58 19120
BELGIUM 1 2 2 118 360
BERMUDA | 8 8 804 545
BRAZIL ' 1 1 460 628
BRITISH VIRGIN ISLANDS | 6 7 29248 39441
CANADA . 1 86 96 709792 649601
CAYMAN ISLANDS ' 4 4 999 50705
CHINA 1 1 1 4 10
COLOMBIA i) 1 1 20 19494
COSTA RICA ' 3 3 19020 673
DENMARK ' 1 1 161 242
EL SALVADOR . ' 1 1 10 665
FRANCE 1 22 23 109103 139972
GERMANY (WEST) ' 87 112 599966 629261
HONG KONG | 3 3 202 29087
TRAN ' 2 2 281 653
TRAQ 1 1 1 550 580
JAPAN ' 2 2 131 421
JORDAN 1 1 1 153 337
LEBANON J 1 1 42 423
LIECHTENSTEIN | 7 7 20167 29560
LUXEMBOURG | 1 1 289 290
MALAYSIA ' 1 1 10 291
MEXICO | 16 ug 39302 70385
NETHERLANDS ' 16 18 79814 039746
NETHERLANDS ANTILLES | 32 36 159467 439186
PANAMA ' 7 7 29140 79348
SAUDI ARABIA ! 3 4 768 19999
SINGAPORE ! 1 1 480 iss
SOUTH AFRICA | i 1 17 90
SPAIN ' 2 1 5 85
SWEDEN ' 2 3 353 590
SWITZERLAND 1 18 22 8,098 139744
SYRIA | i 2 334 19445
TRINIDAD & TOBAGO ! 2 2 19018 791
UNITED KINGDOM ' 22 25 79062 159740
VENEZUELA ' 10 10 29080 4168)
YUGOSLAVIA ' 1 1 160 11s
MULTIPLE 1 3 3 343 19203
THIRD TIER \ 1 114 289407 207938

SUBTOTAL 3/ | 3a6 $56 2319398 326,028
coeveeesenanssensessesed
SEE FOOTNOTES AT END OF TABLE. CONTINUED--
38



Definitions

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
creation,|and principal place of business. Failure to comply
with AFIDA subjects the foreign owner to a possible civil penalty
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
forms 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 each State completed report forms for foreign-owned agri-
cultural 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, 1982.
For those [transactions which occurred in 1982, the terms "ac-
quisitions" and "dispositions" refer to U.S. agricultural lands
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 agricultur-
al, forestry, or timber production purposes. The regulations
exempt all) land that is held in parcels of not more than 1 acre
in the aggregate from which agricultural, foresty, or timber
products are 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 than a
security interest (a mortgage or other debt-securing instrument).
The regulations exempt leaseholds of less than 10 years' dura-
tion, contingent future interests, and those noncontingent
future interests that do not become possessory upon termination
of the present estate. In addition, nonagricultural easements
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 indivi-
dual who 1) is not a U.S. citizen or national, 2) is not a
citizen of | the Northern Mariana Islands or the Trust Territories
of the Pacific Islands, or 3) is not lawfully admitted into the
United States for permanent residence. Any person who holds an
Immigration and Naturalization Service Form I-151, I-155, or
I-551 (green card) is considered lawfully admitted for permanent
residence dnd is exempt from the requirements of the act.

Foreign governments, entities which are created under the laws

of or have |their principal place of business in a foreign country,


FORELGN OWNERSHIP OF U.S. AGRICULTURAL LAND THROUGH DECEMBER 31, 1982

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

INTRODUCTION Foreign individuals and entities reported owning 13.5 million
- aeres. of U.S. agricultural land as of December 31, 1982, an
amount that represents slightly more than 1 percent of all
privately owned U.S. agricultural land.

The objectives of this report are to (1) analyze information
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.

Summary of the Act 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
dispose of agricultural land on or after February 2, 1979, are
required to report such transactions within 90 days of the
transfer. 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 in-
formation may be obtained by the Secretary. The information
required to be reported consists of the legal name and address

of the foreign person; citizenship, if an individual; if not an
individual 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

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

1/ Pub. L. No. 95-460, 7 U.S.C.§§ 3501-3508 (Supp. V 1981).

2/ 7.C.F.R. §§781.1-.5 (1982). See 7 C.F.R.§§ 2.21(b) (34),
.27(b) (15), -65(a) (34), and .85(a)(15) (1982) for the delega-
tion of authority.


Characteristics
of Foreign Owners
Disposing Land

Land Use

Type of Foreign Owner--The largest amounts of acres which were
disposed were in Colorado, Texas, and Georgia and covered 50
percent of the total dispositions acreage (table 33). The
greatest number. of dispositions occurred in Texas, accounting
for 19 percent of the parcels and 15 percent of the acreage.
Twenty-one States reported no dispositions during the period.

Transfers by foreign investors: to U.S. purchasers accounted for
45 percent of the parcels and 49 percent of the acres (table
34). Reports for 37 percent of the parcels and 36 percent of
the acres indicated that they were transferred to other known
foreign persons. Reports for 19 percent of the parcels covering
13 percent of the acres indicated dispositions to persons of
unknown citizenship.

Corporations were the most active type of foreign owner
disposing of land--accounting for 47 percent of the owners, 55
percent of the parcels, and 76 percent of the acres (table 35).
In ‘comparison, individuals accounted for 35 percent of the
owners, 27 percent of the parcels, and 10 percent of the acres.

Size of Disposition-—The most acreage disposed was for parcels
with 1,000 or more acres accounting for 80 percent of the acres
(table 36). As should be expected, sales prices per acre were
higher for smaller parcels. Average selling price of acreage in
the less than 20-acre range was $27,644 per acre compared with
$787 per acre in the 1,000 or more acre range. Average selling
price of all reported dispositions was $1,304 per acre.

Country of Origin--Foreign persons from Canada and West Germany
and U.S./U-K. corporations disposed of the most parcels of land,
accounting for 48 percent of the disposed parcels (table 37).

The most acreage was disposed by foreign persons from Canada
who gold 35 percent of all the dispositions acreage.

Most of the dispositions occurred in the South covering 63
percent of the parcels and 48 percent of the acres (table 38).
Foreign persons from the Netherlands Antilles not associated
with a U.S. corporation disposed of 35 percent of the acres in
this region. The West accounted for 21 percent of the disposed
parcels and 36 percent of the acres. Foreign persons from
Canada were responsible for 66 percent of the acres disposed in
the West.

Of the acres disposed in the report period, 40 percent were
cropland, 28 percent pasture, and 24 percent forest land (table
39). The largest dispositions of cropland were made by foreign
persons from Canada and the Netherlands Antilles not affiliated
with a U.S.-corporation which accounted for 47 percent of the
disposed acres in this land-use category. U.S./Canada corpo-
rations disposed of the most pastureland, 49 percent of the
total. Foreign persons from Canada not affiliated with a U.S.
corporation disposed of the greatest amount of forest land, 36
percent.

51



Concentration of
Foreign Acquisi-
tions of U.S.

Agricultural Land

Characteristics
of Foreign Owners

34

Michigan, Colorado, Texas, Georgia, and South Carolina are

reported to have the largest acreages acquired from January 1
through December 31, 1982 (table 18). Their total of 370,375
acres represents 64 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). Individuals

account for 12 percent of the acres acquired during this period;
corporations, 70 percent; partnerships, 17 percent; and all
others, 1 percent. When partial interests of foreign investors
are taken into account, the total acreage figure drops from
576,190 toj/an acreage equivalent of 560,708, but the distri-
bution among the types of owners remains virtually the same.

Corporations acquired an average of 765 acres per parcel, or.
1,467 acres per owner, compared with individuals who acquired an
average 350 acres per parcel, or 385 acres per holder. Partner-
ships reported acquisitions averaging 470 acres per parcel, or
1,273 acres per owner.

The largest number of parcels acquired by, individuals during
the period |was reported for New York (table 20). However, the
largest acreage acquired by individuals was in Colorado.
Organizations reported acquiring the largest acreage in
Michigan, Texas, and Colorado.

Size of Acquisition--The largest number of owners reported their

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 81 percent of the acres and
owners of parcels with less than 1,000 acres (86 percent of the
owners) acquired the remaining 19 percent of the acres. Parcels
ranging in |size from 300 to 1,000 or more acres: accounted for
72 percent jof the value. The value per acre, however, is con-
centrated in the reports of holders of less than 60 acres—-
$12,507 per acre, compared with $560. per acre for holdings of
1,000 or more acres,

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 947 reports providing information on
debt, $196,1395,000, and current value, $610,645,000, resulted
in an equity figure of $414,250,000 (table 22). These figures
reveal an equity figure of 68 percent in relation to current
value.

Country of Origin--U.S. corporations with foreign interests

acquired 60] percent of the acreage; foreign persons not affili-

ated with a) U.S. corporation acquired the remaining 40 percent
(table 23).| Foreign persons from Canada‘ and West Germany and
U.S./U.K. corporations accounted for the largest number of
parcels reported, representing 42 percent of the reported



Interest in Land

Method of
Acquisition

650,643 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 6 percent
of the acres.

In the Northeast, foreign persons from Canada reported owning
the most acreage--1,997,608 acres, or 58 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 86 percent of the for—
eign-held lacreage in the Northeast. The sizable Canadian figure
is attributable to one Canadian corporation with partial inter-
ests in 8 parcels covering 881 ,000 acres and one U.S./Canada
corporation owning 15 parcels covering 861,000 acres. The

Hong Kong figure is attributable to one U.S./Hong Kong corpo-
ration which owns 25 parcels covering 974,000 acres. Foreign
persons from Canada not affiliated with a U.S. corporation
reported owning 61 percent of the parcels, but, removing the
seven parcels covering 881,000 acres, accounted for only 4
percent of| the acres.

In the North Central region, foreign persons from the United
Kingdom reported owning 516,399 acres, or 41 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 321,884 acres, or 26 percent.
Eleven percent of the acreage is owned by U.S./Multiple enti-
ties, U.S. |corporations which have foreign owners from a number
of countries, none of which has a predominant interest in the

corporation.

Of the 13,889 parcels of foreign-held U.S. agricultural land,

82 percent jof 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 10).

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 351 reports
covering a het total of 874,683 acres of leased land. Timber-
land accounts for 610,369 acres, or 70 percent of the reported
foreign leaseholds.

More foreign investors reported paying cash for their U.S.
agricultural landholdings than using any other method of

S77 GFR. §781.2(c) (1982).



TABLE Feel eS. AGRICULTURAL LAND ACQUISTTZONS BY COUNTRY OF FOREIGN OWNERS
JANUARY 2@DECEMBER 324 LOS25cCONTINVED

208000008008 O HOBO EC TCOREH CHORE SEES COO RNA SE SOREO SOON ATCO DONSE SS FOR RR NORE ETT

1 OWNERS | PARCELS | ACRES ' VALUE
COUNTRY | REPORTING | REPORTED | (NUMBER) | (12000
| (NUMBER) | (NUMBER) | 1 DOLLARS) J/

erocoscecan recs enncecentaesennennnvheeennnvensobecoscenmccotemsncumeracnnes

|
'
US/BELGIUM | 1 1 19083 975
US/BERMUDA 1 2 3 237 19193
US/BRAZIL 1 1 1 170 397
US/BRITISH VIRGIN 1
ISLANDS | 2 2 364 595
US/CANADA ' 20 25 160195 269633
US/DENMARK ! 1 1 161 242
US/EGYPT 1 2 2 120 20325
US/FRANCE ' 20 40 199749 149738
US/GERMANY (WEST) ' 26 $e 509136 419352
US/GREECE | 1 1 23 139
US/GUATEMALA ( 1 2 20 665
US/ITALY | 2 2 587 19475
US/ JAPAN ' 4 5 49589 119434
US/LEBANON | 1 1 19 266
US/LIECHTENSTEIN | 2 3 665 19516
US/LUXEMBOURG 1 1 1 8 6
US/MEXICO | 2 3 70791 79150
US/NETHERLANDS 1 10 23 49108 199199
US/NETHERLANDS ANTILLES! 8 9 59186 109532 .
US/PANAMA 1 10 13 49116 139168
US/SAUDI ARABIA 1 2 3 39535 39019
US/SHEDEN ! 1 i 5 470
US/SWITZERLAND | 13 14 140268 109991
US/TAIWAN ! 2 2 160 476
US/TRINIOAD 6 TOBAGO 1 1 2 10 12¢
US/UNITED KINGDOM ! 26 165 430813 309138
US/MULTIPLE | 4 43 1600687 439384
US/MULTIPLE < 5% ' a 1 65 274
US/THIRO TIER H 2 a4 100525 69649
SUBTOTAL a/ ( 169 401 3460798 2499525
1
TOTAL ALL |
LAND ACQUISITIONS | 585 9s7 8769390 5779893

averacccncescemaencnseedensonsetedseeueeseeucscdadatoNedcosaseensuwenennode

4 VALUE 3S PURCHASE PRICE OR NONPURCHASE PRICE (ESTIMATED VALUE).

7 TOTAL INTERESTS EXCLUDING UsSe- CORPORATIONS WHITH FOREIGN
SHAREHOLDERS,

Q/ TOTAL SNTERESTS OF UsS. CORPORATIONS WITH FOREIGN SHAREHOLOERS »

39



TABLE 9—FOREIGN OWNERSHIP OF U.S. AGRICULTURAL LANDHOLDINGS BY U.S. REGION:

DECEMBER 31, 1982—-CONTINUED

(NUMBER)
i] ! 1 1
' SOUTH ' WEST ! NORTHEAST 1 NORTH CENTRAL
COUNTRY 1 \ 1 1 -:

1 1 1 1 1 1 1 i}

| PARCELS | ACRES | PARCELS | ACRES | PARCELS | ACRES | PARCELS | ACRES

1 1 1. 1 1 1 1 4 :

1 -
US/COLOMBIA 1 3 20124 ° ° 1 160 0 0)
US/ DENMARK ! 3 998 3 846 o ° 0) 0
US/ ECUADOR ! 3 1,559 ° ° ry 0) 0 0
US/EGYPT ! 1 40 1 80 ° ° C) 0
US/EL SALVADOR ! 1 12 C) 0 0 0 ° °
US/FINLAND ! aL 3.047 0 ° 0 ° 0 0)
US/ FRANCE i] 164 1499279 17 52818 19 136,041 9 134298
US/ GERMANY (WEST) ! 229 © 2074284 44 2294638 37) 129052 56 314506
US/GREECE 1 1 1,568 2 41957 0) 0 2 244
US/GUATEMALA 1 3 412 C) c) 0 .) 0 0
US/GUYANA 1 2 334 y ty 0 oO o 0
US/HONG KONG 1 4 51448 33 646,837 25 9734658 8 65686
US/IRAN 1 5 1,290 3 859 1 14900 0 0
US/IRAQ ' ° 0 2 960 - 0 0 ° 0
US/ITALY { B = - 754527 1 160 4 675 2 391
US/JAPAN ! 17 91639 25 134373 4 14949 1L 20117
US/KOREA (SOUTH) i C1) 0 1 15 C) ° ° 0
US/KUWAIT 1 J oO 3 166 ° ° ° 9
US/LEBANON ' C) C) ° C) 2 153 ° 0
US/LIBERLA { 6 59127 3 17,973 1 6,852 C) 0
US/LIBYAN ARAB REPUBLIC! 0 t) 3 280 0 C) v) °
US/LLECHTENSTEIN i 24 = 24275 44 9 1,735 5 5.901
US/LUXEMBOURG ' AL 129481 13 2 277 5 1,071
US/MEXICO ' 12 109548 9 ° 0) 0 0
US/NETHERLANDS ! 144 449733 178 1474180 17 94116 236 264526
US/NETHERLANOS ANTILLES! 116 173,191 49 313,101 3 1,271 24 204080
US/NEH HEBRIDES I 1 24108 L 951 0 Co) ° C)
US/NICARAGUA { 2 282 C) ° ° o 0 C)
US/NORWAY 1 o ty J 0 1 147 Cy) oO
US/PANAMA | 41219450 9 232331 9 20722 16 129210
US/PHILIPPINES i 2 1,193 1 31 ° ° 0 0
US/SAUDI ARABIA ' 4 1,077 cy C) 0 C) 0 C)
US/SQUTH AFRICA | 2 31309 r) 0 C) 0 0 0
US/SPAIN | 2 3y365 6 1,738 1 393 0 °
US/ SWEDEN { 2 297 C) ° 1 107 4 874
US/SHITZERLAND | 120 110.640 59 48,976 16 54156 54 20+417
US/TATHAN ! 1 54 38 42023 Ct) ° C) 0
US/THAILAND ! C) 0 3 252 ° 0 ° 0
US/TRINIDAD & TOBAGO | 3 30 r) C) rt) 0 0 °
US/TURKEY 1 2 443 oO 0 o oO ° oO
US/UNITED KINGDOM ' 1,030 7554427 90 2820745 20. 224352 546 4449112
US/URUGUAY ' 0 ° 0 ) ) C) 1 581
US/ VENEZUELA 1 20 1.957 1 1,500 5 922 ° 0
US/MULTIPLE ' 15 50389 & 69752 4. 17.706 8 © 1429113
US/MULTIPLE < 5% ' L 65 1 10 6 348 3 178
US/THIRD TIER ! 50 . 659052 5 21956 C) C) 5 19329

SUBTOTAL 2/ ' 24646 340629772 LOLT 294560952 302 241709499 1,054 8534044

1

TOTAL ALL !
LANDHOLDINGS ' 6095 495719362 BeT4T 491779839 29053 34451096 19994 142605731
i

1/ TOTAL INTERESTS EXCLUDING

2/ TOTAL INTERESTS OF U.Se CORPORATIONS WITH FOREIGN SHAREHOLDERS.

UseSe CORPORATIONS WITH FOREIGN SHAREHOLDERS.

21



58

In fiscal year 1982, USDA assessed. 267 late-filing penalties
amounting to $517,519, of which the Department collected
$232,046, In the first quarter of fiscal year 1983, the
Department assessed 42 penalties and collected $30,259.

Since the AFIDA program began, the Administrator of ‘the Agri-
cultural) Stabilization and Conservation Service has decided 373
cases appealing penalty assessments. The Administrator denied
the appeals in 168 cases, reduced the penalties in 125 cases,
and dismissed the penalties in 80 cases.



Table Page

32. Tenure of foreign-owned U.S. agricultural land
acquisitions, January 1-December 31,1982 .... eo . 49

33. Dispositions of U.S. agricultural land by type of
foreign owners, by State, January 1-December
31, 1982 2... ee ee see ew ee we 50

34. Dispositions of U.S. agricultural land by foreign
owners, by citizenship of purchasers, January 1-
December 31, 1982... 0... 0. ce ee eee ee 52

35. Dispositions of U.S. agricultural land by type
of foreign owner, January 1-December 31, 1982 .... 52

36. Dispositions of foreign-owned U.S. agricultural
land [by size of disposition, January 1-December
31, 1982. eee ee ee ee ee ee 52

37. Dispositions of U.S. agricultural land by country
of foreign ower, January 1-December 31, 1982 eee 53

38. Dispositions of U.S. agricultural land by country
of foreign owner, by U.S. region, January 1-

December 31, 1982... 1. ee eee eee eee eee 54

39. Dispositions of U.S..agricultural land by country of
foreign owner, by use, January 1—December 31, 1982 . 55

40. Acquisitions and dispositions of foreign-owned U.S.
agricultural land, by date, January 1981-December

1982 Si a a  Y )

dota



12

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 Holding--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 $645;
followed by individuals, $1,008; partnerships, $1,023; and all
others, $1348.

For recent jacquisitions, 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

TABLE 4—-FOREIGN-OWNED U.S. AGRICULTURAL LANOHOLDENSS
BY SIZE OF HOLDING, DECEMBER 31, 1982

f] f f
SIZE ' OWNERS 1 PARCELS 1 ACRES
(ACRES) | (NUMBER) ' (NUMBER) 1 (NUMBER)
- 4 1 I
1
LESS THAN 20 i 2152 25262 * 150726
20-59 | 14336 1,538 47,120
60-99 1 670 890 525253
100-299 ! 14476 14952 258,965
300-999 ! 1,393 27083 7794040
1000 OR HORE ' 1,008 59164 12,307,924
'
TOTAL ! 81035 131889 134615028
TABLE 5--VALUE OF US. AGRICULTURAL LANDHOLDINGS
| BY TYPE GF FOREIGN OWNER, DECEMBER 31, 1962
1 { 1 I 1
i 1! acres 1 acres f
1 1 with | PURCHASE | WITH (|. NON-
{| OWNERS | PURCHASE | PRICE 1/ {| NON- | PURCHASE
OWNER | (NuMBER) ~f PRICE =| (1,000 | PURCHASE | PRICE 1/
! { REPORTED |. DOLLARS) | PRICE { (1,000
( { (NuMBER) | | REPORTED { DOLLARS)
! ' | 1 (numBerd |
i 1 1 4 1
INDIVIDUAL: [| 41108 7239614 836,815 1369418 29,815
CORPORATION | 27668 — 856284199 541644244 245649626 240525685
PARTNERSHIP | 982 140895065 141714869 1499326 95,016
ESTATE 1 16 39.265 67835 705 15
TRUST I 243 130, 698 1965714 18,920 7073
INSTITUTION | 2 885 1,042 0 0)
ASSOCIATION | 1 51780 10,400 0 )
OTHER i 17 8,564 61096 963 691
TOTAL i 81035 1095901070 74394,015 258700958  25185,355
|

i PURCHASE PRICE AND NONPURCHASE PRICE AT TIME OF ACQUISITION.



Tenure Change

Dispositions and
Land-Use Changes

TABLE 32eeTENURE OF FOREIGNeOWNED U.S» AGRICULTURAL LAND ACQUISITIONS?
JANUARY 1oDECEMBER 3le 1962

t PAKCELS 1 ACRES ! VALUE
TENURE 1 REPORTED 1 (NUMBER) ( (19000
‘ (NUMBER ) 1 1 DOLLARS) Q/

a aaa

CURRENTS 1
FOREIGN UWNER t 499 3600169 1929909
MANAGER ' 102 429400 550282
TENANT 1 226 1210974 2480772
nO REPURT 1 129. 507900 TR0349

1
TOTAL ' 957 5760190 5779553

'

RENTALS '
croe 1 96 380774 149946
CASH 1 is? 950586 1919829
BOTH ' 2 20336 1e521
NO REPURT ' 203 199325 1169348
NOT APPLICABLE ' 499 3609169 1920909

'
TOTAL ! 951 5769190 5179553

t

INTENDED CHANGE® 1
NONE ' 314 1709089 2759362
NEW ' 507 3470601 2149633
BOTH 1 1 960 384
NO REPORT 1 135 579540 879174

'
TOTAL i) 957 5760190 5779553

Je emnenenenceroreerenan

A/) VALUE IS PURCHASE PRICE UR NUNPURCHASE PRICE (ESTIMATED VALUE)

Of the rental agreements, cash agreements accounted for 62 per-
cent of the parcels covering 70 percent of the acres.

Reports for 33 percent of the parcels acquired during the period
indicate no tenure change for 30 percent of the acreage (table
32). Reports for 53 percent of the acquired parcels containing
66 percent of 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 14 percent of the
parcels accounting for 10 percent of the acres.

Data in this sections are derived from the 288 reports (table 33)
filed by foreign persons who disposed of U.S. agricultural land
and 6 reports of land-use changes out of agriculture between
January 1 and December 31, 1982. Dispositions totaled 128,451
acres, while land-use changes to nonagriculture occurred on
2,382 acres.

For the same reasons noted at the outset of the acquisitions
discussion, the reported dispositions and land-use changes data
should be regarded as preliminary for the 1982 report year. Re-
ports that were not timely filed and/or completed or statutorily
were not required to be filed by the closing date for this re-
port are not included.

49



Table 40)is new to the AFIDA report. It shows acreage and value
data by year and month for acquisitions and. dispositions. In
subsequent years it will permit comparisons for these data from
year to year and month to month. Unlike the net data in the ac-
quisitions section, the acquisitions figures here are gross
figures for each year.

The data|for 1982 are skewed toward the first half of the year,
whereas the data for 1981 are more evenly distributed through-
out the year. This has also been the case for current year
data in past AFIDA reports. This can be explained primarily in
terms of |AFIDA which allows persons 90 days within which to re—
port their transactions to USDA. Consequently, all of the trans-
actions 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.

TABLE 40--ACQUISITIONS AND DISPOSITIONS OF FOREIGN-OWNED U.S. AGRICULTURAL LAND, BY DATE
JANUARY 1981 - DECEMBER 1982
ACQUISITIONS DISPOSITIONS
DATE PARCELS ACRES VALUE PARCELS ACRES VALUE
REPORTED (NUMBER) (1,000 REPORTED (NUMBER) (1,000
(NUMBER) DOLLARS)1/ | (NUMBER) DOLLARS)1/
1981
January 143 59,334 98,966 49 17,016 22,253
February 144 43,101 86,109 28 10,064 16,401
March 272 2,232,978 1,916,663 41 104,857 29,639
April 168 103,389 120,825 39 48,776 + 33,795
May 181 136,372 219,455 37 9,745 14,113
June 188 114,379 108,373 45 49,482 33,569
July 168 108,792 176,040 45 30,817 40,504
August 123 86,224 89,420 30 19,466 38,780
September 140 42,563 98,298 33 4,891 8,562
October 145 98,984 62,437 42 16,515 12,766
November 126 70,284 67,176 al 21,628 17,380
December 139 110,316 103,249 52 29,880 33,182
Mutiple 2 957 1,864 0 0 0
Total 1981 1,939 3,207,673 3,148,875 482 363,137 300,944
1982
January 166 83,745 132,789 57 29,947 39,426
February 86 49,900 64,455 25 16,402 11,145
March RL 44,409 71,912 19 2,431 2,690
April 100 46,911 47,723 28 26,727 6,394
May 90 45,907 42,264 34 8,965 24,643
June 105 38,112 47,387 19 2,141 6,043
July 108 60,011 63,732 30 10,207 17,264
August 82 179,605 76,016 19 13,669 14,633
September 36 14,030 10,899 15 3,150 3,843
October sl 8,835 15,341 31 2,498 2,225
November 30 16,028 9,217 8 12,055 2,134
December 6 920 1,052 3 259 676
Multiple 5 2,864 3,794 0 C) 0
Total 1982 986 591,277 586,581 288 128,451 131,116
}
1/ VALUE IS|PURGHASE PRICE OR NONPURCHASE PRICE (ESTIMATED VALUE).

)


TABLE 12eU,S, FOREST AND OTHER
NONAGRICULTURAL
LANDHOLDINGS OF FOREIGN OWNERS BY SYATEy
DECEMBER 31+ 19862

(NUMBER )
eee ee ete ee eee
STATE | |
AND UeSe | PARCELS | ACRES
TERRITORY | iy
nonenesanassenecensshvorensanvnraionevarsceren
ALABAMA ' 352 5169617
ALASKA ' 1 337
AREZONA | 2 95
ARKANSAS ' 11 39630
CALIFORNIA 1 15 2329857
CcOLGRADO ' 5 39030
FLORIDA ] 45 739104
GEORGIA t 446 7254400
HAWAII ( 1 84
IDAHO | 12 1459261
ILLINOIS 1 9 19459
INDIANA ' 1 13
KANSAS ' 7 119298
KENTUCKY 1 6 29929
LOUISIANA 1 ll 209802
MAINE | T2 296299544
MARYLAND i 1 50
MASSACHUSETTS t 2 192
MICHIGAN ' 21 1750777
MINNESOTA i 17 669269
MISSISSIPPI ' 39 1989164
MISSOURI ' ll 3863
MONTANA ' 16 39764
NEW HAMPSHIRE ( ll 989677
NEW JERSEY i) 5 273
NEW YORK ( 89 3037669
NORTH CAROLINA i 250 1169636
OH10 i} 12 890
OKLAHOMA 1 1 12
OREGON | 32 3439510
PENNSYLVANIA { 20 1209250
SOUTH CAROLINA i} 197 4379178
TENNESSEE | 166 3115524
TEXAS ' 23 119694
VERMUNT i} 145 459217
VIRGINIA 4 49 319408
WASHINGTON i} 163 2799107
WEST VIRGINIA ' 26 229640
WISCONSIN ' o 19419
|
TOTAL | 27898 699409643

core mesmo mmm renrerenhananenaneceronnncenemnene

29



30

TABLE 13-—-UoS. FOREST AND OTHER NONAGRICULTURAL

LANDHOLOINGS
BY COUNTRY OF FOREIGN OWNER, DECEMBER 31, 1982
| (NUMBER
1 1 ]
COUNTRY 1 OWNERS | PARCELS | ACRES
.. 4 i 4
1
ARGENTINA ' 1 1 59
AUSTRALIA 1 3 5 667
AUSTRIA 1 5 12 11,466
BAHAMAS i} 1 1 74200
BELGIUM 1 1 1 150
BELIZE 1 1 2 102
BERMUDA l 5 5 125
BRITISH VIRGIN ISLANDS | 4 6 19,908
CANADA i 320 360 965,033
CAYHAN ISLANDS 1 2 3 1,979
ILE ! 1 1 5
CHINA i 1 1 808
DENMARK 1 3 4 1,597
EGYPT 1 2 2 8!
FRANCE 1 3 5 39212
GERMANY( EST) i 9 131 864386
GREECE 1 3 3 118
HONG KONG 1 L 4 39638
INDONESIA ! 1 1 2
TRAN ' 2 2 131
ITALY 1 1 L 80
JAPAN 1 1 a 200
JORDAN ! 2 3 193
LEBANON 1 1 1 25
LIBERIA 1 2 2 41290
LIECHTENSTEIN ' 7 z 85335
REXICO 1 3 7 34866
NETHERLANDS ' 7 8 44530
NETHERLANDS ANTILLES | 26 36 40,973
NEH ZEALAND 1 1 1 5
PANAHA 1 3 3 32024
PHILIPPINES ] 3 3 146
ST VINCENT { a 1 20
SAUDI ARABIA ' 1 1 ca
SWITZERLAND ' 13 26 31176
SYRIA ! 2 2 147
TURKS ISLANDS 4 1 1 5
UNITED KINGDOM ' 18 28 1085447
VENEZUELA 1 10 12 24193
VIETNAM i] 1 1 152
MULTIPLE i} 5 5 34005
THIRD TIER ! ry 417 180.205
SUBTOTAL 1/ H 562 1s117 15493783
US/AUSTRIA 1 2 3 360
US/BELGIUM 1 2 2 1567
US/BERMUDA 1 4 9 65523
US/BRITISH VIRGIN 1
ISLANDS 1 1 5 99586
US/CANADA | 34 421 243500141
US/DENMARK ' 2 2 386
US/F INLAND 1 2 lL 39047
US/FRANCE 1 5 47 1454730
US/GERMANY (WEST) 1 oot 35 210499
US/HONG KONG ' 1 62 16852170
US/JAPAN 1 6 a To418
US/LIBERIA ' 4 4 32520
US/LIECHTENSTEIN ' 2 3 61648
US/LUXEMBOURG ! 1 1 8
US/NETHERL ANDS 1 8 24 460286
US/NETHERLANDS ANTILLES] 4 12 1,745
US/PANANA ! 5 8 20396
US/SPAIN ' 1 1 60
US/SWITZERLAND i 8 12 72072
US/UNITED KINGDOM 1 39 1056 9349469
US/VENEZUELA ' 1 1 1,500
US/MULTEPLE ' 2 10 1594556
US/THIRD TIER ‘ 1 a 520173
SUBTOTAL 2/ } 146 1,781 5446860
TOTAL H

708 29898 699404643

|
TOTAL INTERESTS EXCLUDING U.S. CORPORATIONS WITH

y
FOREIGN SHAREHOLDERS.

2/ TOTAL INTE
SHAREHOLDERS.

RESTS OF U.S. CORPORATIONS WITH FOREIGN



TABLE. 26--USE OF.U.S. AGRICULTURAL LAND ACQUISITIONS BY COUNTRY OF FOREIGN OWNER»
JANUARY 1-DECEMBER 31¢ 1962--CONTINUED .

(ACRES)
\ _ —
1 1 1 1 1 1
COUNTRY [CROPLAND | PASTURE | FOREST | OTHER JOTHER NGN~ | NO USAGE | TOTAL
| | | JAGRICULTURE [AGRICULTURE] REPORTED
a+. 1 1 1 1. Sn een Eee -
{

US/ BELGIUM 1 800 r) 203 1) 80 0 1,083
US/BERMUDA | 30 ° o C) 207 ° 237
US/BRAZIL ! 170 Cy 0 ° ° C) 170
US/BRITISH VIRGIN

TSLANDS ! ) 320 ° 44 ) 0 364
US/CANADA t 65977 3,730 39761 1,380 347 ° 169195
US/ DENMARK { 0 0 teL 0 0 0 lon
US/EGYPT 1 ° 40 0 15 5 oO 120
US/FRANCE | 29677 59378 8,559 1,908 1,227 0 199749
US/GERMANY( WEST) ' 114045 - 10,958 29937 a3e 241382 ° 500136
US/GREECE ' 23 ° 0 0 C) 0 23
US/GUATEMALA ! 0 0 ° 20 0 ° 20
US/ ITALY ' 0 16 0 Eset ° C) 587
US/ JAPAN ' 585 44a 289 0 274 ° 1,589
US/LEBANON 1 9 o 0 0 0 ) 19
US/LTECHTENSTEIN 1 597 3L 0 7 30 0 665
US/LUXEMBOURG 1 () 0 5 0 3 ° 8
US/MEXICO 1 a00 60998 0 0 0 0 74791
US/NETHERLANDS | 14356 909 14063 27 753 ° 41108
US/NETHERLANDS ANTILLES] 49780 0 135 46 225 0 54186
US/ PANAMA ! 14372 r) 14645 641 458 ° 4116
US/SAUDI ARABIA | 1,573 20 19891 Cy 51 Cy 39535
US/ SWEDEN | 0 0 ( 0 5 ° 5
US/ SWITZERLAND | 3+38L 489 168 94875 355 ° 14,268
US/TAIWAN I 160 0 ° 0 y 0 0 160
US/TRINIDAD & TOBAGO =| 10 () ° 0 0 ° 10
US/UNITED KINGDOM I 2,198 695 38,843 524 953 0 43,213
US/MULTI PLE ( ° 1,000 1599477 200 10 0 =: 1604687
US/MULTIPLE < 5% { ° ° 0) 0 65 0 65
US/THIRD TIER 1 21393 C) 81047 ° » a5 0 10,525

SUBTOTAL 2/ | 401946 31,058 2274184 16,092 299515 0° 3444795
TOTAL ALL °

LAND ACQUISITIONS — | 126,105 99,060 2811050 29,027 401948 0 = §764190

1.

“Us TOTAL INTERESTS EXCLUDING U.S. CCRPCRATIONS WITH FOREIGN SHAREHOLDERS- ,
2/7 TOTAL INTERESTS OF UsS- CCRPORATIONS WITH FOREIGN SHAREHOLDERS ~

45



TABLE 8—U.S. AGRICULTURAL LANDHOLDINGS BY COUNTRY OF FOREIGN OWNER,
: DECEMBER 315 1982——CONTINUED
(NUMBER)

COUNTRY

I
OWNERS PARCELS
J

US/ECUADOR
US/EGYPT

US/EL SALVADOR
US/F INLAND
US/FRANCE
US/GERMANY (WEST)

!
I
1
!
! 1.559
!
|
'
1
!
US/GREECE 1
!
!
!
!
|
I
|
!
!
!
!
'

120

12
32047
3049436
4805480
69769
412

334
126915629
45049
960
765753

~
ou
ONNeENW

US/GUATEMALA

US/GUYANA

US/HONG KONG

US/TIRAN

US/TRAQ

US/ITALY

US/JAPAN

US/KOREA. (SOUTH)

US/KUWAIT

US/LEBANGN

US/LIBERIA

US/LIBYAN ARAB REPUBLIC

US/LIECHTENSTEIN 4

US/LUXEMBOURG 1

US/MEXICO i]
J
1

ue
NWNNBP OUR NOEN SD

~

nN
w

236,079
32,503
2279555
507y643
33059
282

147.
595713
19224
7077
35309
59496
19278
185,189
4,077
252

30

443
155045636
581
42379
171,960
601
69,337

~
Cd)

US/NETHERL ANDS
US/NETHERLANDS ANTILLES
US/NEW HEBRIDES '
US/NICARAGUA '
US/NORWAY 1
US/PANAMA i
US/PHILIPPINES f]
US/SAUDI ARABIA !
US/SQUTH AFRICA 1
US/SPAIN |
US/SWEDEN !
US/SWITZERLAND {
US/TALWAN |
US/THATLAND !
US/TRINIDADETOBAGO 1
|
!
|
|
|
!
!
!
1
|
!
|
1

~
=O

Neen eu

END

w
x

~

ww
PNR OOOUNWW

nN

we
NWWODNDNSW

US/TURKEY
US/UNITED KINGDOM
US/URUGUAY
US/VENEZUELA
US/MULTIPLE
US/MULTIPLE < 5%
US/THIRD TIER

~
~
@

NN
woorm
~
o
CrWN oo
Om mae

16

SUBTOTAL 2/ 15431 52019 825439267
TOTAL ALL

LANDHOLDINGS 8,035 135889 135461,028

a/ TOTAL INTERESTS excLupine UeS. CORPORATIONS WITH FOREIGN SHAREHOLDERS.
2/ TOTAL INTERESTS OF U.S. CORPGRATIONS WITH FOREIGN SHAREHCL DERS.



Tenure

48

TABLE 30e*FOREIGN ACQUISITIONS OF U.S. FOREST AND OTHER NONAGRICULTURAL
LAND BY SIZE OF ACQUISITION: JANUARY 1eDECEMBER 3le 1982

1
size 1 OWNERS i) PARCELS i) ACRES VALUE
(ACRES) { REPORTING | REPORTED 1 (NUMBER) ‘ (19000
1 (NUMBER) 1 (NUMBER) 1 4 DOLLARS) Jy
weecwnn. ronteoneneernnece eonennanen wren
LESS THAN 20 | 7 7 70 310
20°59 i) 9 9 357 162
60=99 ' 5 5 437 522
100°299 ' 23 34 39612 4eTBe
300-999 1 ll 25 69061 69668
1000 UR MURE | 15 243 2420813 83801
'
TOTAL 1 70 323 2530350 969445

eenne cerabannmenanennenceensanneennnncewnn cena nnnenceeareereeeeennn

a/ VALUE IS PURCHASE PRICE OR NONPUKCHASE PRICE (ESTIMATED VALUE).

TABLE 31e*INTENDED USE OF U.S, AGRICULTURAL LAND ACQUISITIONS OF FOREIGN OWNERS»
JANUARY 1eDECEMBER 31+ 1982
(NUMBER )

Trem TF NU CHANGE |) UTHER’ UTHER NON® | NO REPORT | TOTAL
' HAGRICULTURE | AGRICULTURET

meeeewertnwewannmnnnntaverennnennlannn.

INDIVIDUALS

eoneeene lane neeenan:

PARCELS REPORTED = 174 19 12 1 205
ACKES 1 499345 21389 Aele2 38 719916

URGANIZAT TUNG '
PARCELS REPURTED =| 625 31 93 3 152
ACKES 1. 6e69916 179287” 1949750 325 5049276

'

roTaus 1
PAKCELS REPURTEO =| 199 50 106 4 957
ACRES, 1 5169259 389676 209892 363 5769190

mennennbennennnrenennnnnnnnnnencenennen,

Foreign owners directly operate 52 percent of the parcels
acquired|/during the period and 63 percent of. the acres, whereas
tenants operate 24 percent of the parcels and 21 percent of the
acres (table 32). Managers, however, operate only 11 percent of
the parcels and 7: percent of the acres. No responses on tenure
were received for 13 percent of the parcels covering 9 percent’
of the acres. Foreign owners operate parcels accounting for 33
percent of the value, whereas tenants operate parcels accounting
for 43 percent of the value,

Rental agreements. were reported for 27 percent of the parcels
covering 24 percent of the acres acquired during this period.


IMPACTS OF FOREIGN
OWNERSHIP

EFFICIENCY AND
EFFECTIVENESS

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 unlikely to have either a positive or negative
overall impact on agriculture. However, in areas of heaviest
concentration, some communities could be affected.

The previous 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, Lowa,
and Mississippi. The Department is currently examining addi-
tional areas for impact research.

In addition to USDA research, a number of State agencies and
academic institutions are also conducting research on foreign
investment in U.S. agricultural land. A recently released
report by the Governor's Task Force on Foreign Investments
in Texas concluded:

[T]he Task Force. . .believe[s] that agricultural in-
vestments by foreign interests warrant special mention.
Foreign investment in agricultural land has been and
will continue to be an emotional issue. . .. The Task
Force has. . «found the amount of Texas farmland ac
quired by foreign interests to be minimal--indeed less
than one percent of the total agricultural acreage
available. . . . [R]Jational judgment leads us to con-
elude that there is nothing sinister or wrong with the
acquisition of some Texas farmland by foreigners .6/

However, the Task Force did recommend that the Texas Department
of Agriculture continue to monitor, analyze, and distribute in-
formation about foreign investment in Texas agricultural land,7/

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 13.5 person-years at a cost
of $362,700 to the Department for the past year. The Agricul-
tural Stabilization and Conservation Service contributed ap-
proximately 11 person-years at an estimated cost of $298,400.
The remaining costs and person-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.

6/ Governor's Task Force on Foreign Investments in Texas,
Report and Recommendations 2 (August 1982).
T/ Id. at 15.

57



PREFACE This Teport is made pursuant to section 5 of the Agricultural
Foreign Investment Disclosure Act of 1978 which requires the
Secretary jof 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 rural jcommunites; and (3) determine the efficiency and ef-
fectiveness of the reporting requirements. The act requires an
annual report on a calendar-year basis. This report covers in-
formation received through December 31, 1982.

ii



TABLE 2le@eFOREIGN©OWNED UsSe AGRICULTURAL LAND ACQUISITIONS
BY SIZE OF ACQUISITION» JANUARY 1LeDECEMBER Sle 1962

Nee ee eid

SIZE | OWNERS | PARCELS ' ACRES fos VALUE
(ACRES) 1 REPORTING | REPORTED 1 (NUMBER) ' (17000
| (NUMBER) 1 (NUMBER) | 1 - DOLLARS) .jv
eowenewencenentacweennecenculeonscencernentoenouascensetansenaanannenen
LESS THAN 20 | 85 90 787 89441
20059 ' 75 85 29616 340097
60°99 ' 49 $2 39840 219695
100=299 ' 125 140 220090 999663
3000999 ' 146 219 80926) 3529369.
1000 OR MORE | 17 371 4669598 2610668
' .
TOTAL ' 555 957 5769190 5770853

Senescence eesehensE Caer enone eneEs coPEeeEraNESaENENSSSECERereSEESeeReEnEE

2/ VALUE IS PURCHASE PRICE OR NONPURCHASE PRICE (ESTIMATED VALUE)»

TABLE 22eVALUE OF UsS. AGRICULTURAL LAND ACQUISITIONS BY TYPE
OF FOREIGN OWNERY JANUARY JeDECEMBER 3) 1982:

wernweneres ponneenen 7

( ' 1 ACRES '

| | WITH | PURCHASE |! WITH ' NON®

1 OWNERS | PURCHASE | PRICE i) NONe 1 PURCHASE

OWNER | REPORTING | PRICE 1 (19000 1 PURCHASE | PRICE

| (NUMBER) [| REPORTED | DOLLARS) | PRICE 1 (19000

| | (NUMBER) 1 1 REPORTED { DOLLARS)

' | | ( (NUMBER) |
eomnwnnnneenlocrnnerereeterscenaencndlanncennneretaaasenncaselanenenennne
INDIVIDUAL | 187 Yle212 609842 702 19034
CORPORATION | 276 1969713 2860467 2059117 560613
PARTNERSHIP | 75 929130 1569586 30331 19509
ESTATE | 1 10597 29156 o to)
TRUST ' 1? 49603 119694 0 to)
INSTITUTION | 1 785 652 ° t)

|

TOTAL ' 555 3679040 5180397 2099150 599156

Ha eee aeeece

| ACRES 1 | ACRES '

' WITH ' CURRENT | WITH ' EQUITY

| CURRENT | VALUE | EQUITY ' (19000

| VALUE ' {19000 | REPORTED ' DOLLARS)

' REPORTED | DOLLARS) 1 (NUMBER) !

! (NUMBER) i} ! '

[netseconencenelecnmnenenennnnhnnnnenencanenntnaneneanenennn
INDIVIDUAL | 719914 629410 719849 399490
CORPORATION | 4019830 3799632 399978) 2600265
PARTNERSHIP | 959303 1579830 940541 1020121
ESTATE ' 19597 29156 19597 29156
TRUST ' 41603 11700 41603 109470
INSTITUTION | 785 200 785 7252

t .

TOTAL i} 3769032 6130928 5739156 4160250

Sarenaconeentenscesnserecnresscecerenennranneeersernnnescesenenenerseers

37



TABLE 18©0U,S_ AGRICULTURAL LAND ACQUISITIONS OF FOREIGN OWNERS BY STATE®
JANUARY 1eDECEHBER 315 1982

nmewacen: neenoaers

meenencenens

STATE ACRES VALUE i} STATE | ACRES VALUE
AND UeSe (NUMBER) =F (19000 ' AND UsSe 1 (NUMBER) (19000
TERRITORY UOLLARS) Y/ I TERRITORY 1 DOLLARS) 4/
|
1

1

ALABAMA 139089 89480 [NEBRASKA 1 19805
ARIZUNA 39704 239071 [NEW HAMPSHIRE | 150
ARKANSAS: 89527 129371 [NEW JERSEY ' 29682
CALIFORNIA 229214 819666 [NEW MEXICO 1 29005
COLORADO 839674 709156 |NEW YORK I 259676 69343
FLORIDA 139897 499199 [NORTH CAROLINA i} 209264 459152
GEURGIA 479054 569190 OHIO ' 29681 69366
HAWAIT 304 19418 {OKLAHOMA ' 29140 19232
IDAHO 466 19023 |OREGON ' 411 20877
ILLINOIS 39186 89876 |PENNSYLVANIA 1 119 161
INDIANA 456 21685 |SOUTH CAROLINA ' 389681 260988
KANSAS 935 561 |SOUTH DAKOTA ' 162 190
KENTUCKY 29609 29688 | TENNESSEE i} TelT2 49849
LOUISIANA 49156 49948 | TEXAS ' 589889 920474
MAINE 16+990 49057 UTAH i} 240 6
MARYLAND 30717 159339 | VERMONT ' 29521 20013
MASSACHUSETTS 4 60 |VIRGINIA ' 89189 179279
MICHIGAN 1429077 349107 [WASHINGTON 1 681 19938
MINNESOTA 49 150 [WEST VIRGINIA 1 69650 426
MISSISSIPPI 39480 49826 =| WISCONSIN ' 733 19007
MISSOURI 538 175 «I !

MONTANA 210382 59378 | TOTAL ' 5769190 5770553

nnomnbnecenanasnnnoenosonecnmenanncdnnemonnonscenasenstenerennnnecnonenenanesenasaes

4/7. VALUE IS PURCHASE PRICE OR NONPURCHASE PRICE (ESTIMATED VALUE) «

TABLE 1920U.S, AGRICULTURAL LAND ACQUISITIONS BY TYPE OF FOREIGN OWNER?
JANUARY leDECEMBER 31y 1982

(NUMBER)
' t ' IPARCELS WITH 1
QuveR 1 UmNERS | PARCELS | ACRES | PARTIAL | ACREAGE
IREPURTINGIREPURTED | | INTERESTS | EQUIVALENT 2/
t '

t | REPORTED Ay

INDIVIDUAL I 187 205 719916 23
CORPORATION | 216 525 4014830 29
PARTNERSHIP I 75 203 959461 6
ESTATE 1 1 1 16597 oO
TRUST ' 17 22 49603 ° 41603
INSTITUTION 1 1 1 7B ° Ted
1
TOTAL f 555 957 5764190 58 5609708

A/ PARCELS wITr PARTIAL INTERESTS ARE THUSE PARCELS WHICH ARE LmiED
ONLY IN PART BY THE FGREIGN INVESTORS THAT Se A PERCENTAGE INTEREST LESS
THAN 100 PERCENT.

2/ ACREAGE EQUIVALENT EQUALS THE TOTAL ACREAGE REPURTED. MULTIPLIED BY
THE PERCENTAGE HELD HY THE FOREIGN (WNER,

35



\ PL, 95-460 authorizes collection of the datd an this form. The data will be used to determine the effects of foreign persons ac-
quiring, transferring and hol

egricyltural land, and the effects 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 bn thé date of the assessment of such penalty. The data may be furn-

ished to,any Agency resnonsibte for enforcing the provision of the Act and to the public.
| IMPORTANT i
DEFINITION: “Porson” rieans any individuel, corporation, company, aisociation, firm, partnérship, society, joint stock company, trust, estate, or any other
e

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”. | YES | NO
1. 1 AMa citizen of the United States ~ I
"2. TAM a citizen of the Northern Mariana Iolands or the Trust Territories of the Pacific Idlanda,

3. 1 AM 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. 1AM.a “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. 1AM a 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 ceparate tracts, Insertion of carbons is necessary.

Returm 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,
Hom 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, checkA HSNBineTM [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 K2uGisrmow [X] tor
3, Disposed of, check SAMOS ON[X] sor

LAND USE CHANGE

4. Changed from non-agricultural to agricultural use, check” SO TMRSSUS+NSe [KX] sor

5. Changed from agricultural to non-agricultural use, check = KANSUSE SHANSE.TO|

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

tam 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,

ftom 8, This date would be as follows for activity checked in Item 1:
Box A and B - When aquired!
BoxC ”. _ - When disposed of.
Box D ond € ~ When land tar changed.

ADDITIONAL INFORMATION (Use additional sheats if more space is needed)

60

* U.S. GOVERNMENT PRINTING OFFICE: 1983-360-930:FR5~1307


ANALYSIS OF
DATA REPORTED
UNDER THE ACT

Holdings

in one county, and acquired at the same time is considered a
parcel 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 concept is intended to ease. the reporting burden.

All of the parcels (and acres) for each owner have been com-
bined under each owner. Therefore, the number of owners is
less than the number of parcels. However, because owners do
not always report their names in exactly the same way on each
form, it is difficult to attribute these forms with great pre~
cision to one person or legal entity. Some foreign persons
hold land in their own names and also hold interests in enti-
ties 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 13.5 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 13.5 million acres of foreign
holdings of U.S. agricultural land to an equivalent of 12.1
million acres.

Data in this section are derived from the 13,889 reports filed
by foreign persons who held land as of December 31, 1982. These
report forms account for 13.5 million acres of all U.S. agri-
cultural land. ‘This is an increase of 1 million acres over the
12.5 million acres foreign owners reported as of December 31,
1981.3/ Of the 1 million acres, 424,000 acres were acquired
prior to 1982 and should have been included in the previous re-
port. They were not included because they were not timely
filed and/or completed, or statutorily did not have to be filed
by the December 31, 1981, closing date of the previous report.

‘3/ The 12.7 million foreign-held acres reported in the pre-
vious report have been adjusted downward to 12.5 million acres
because the 12.7-million-acre figure overstated the amount of
foreign-held U.S. agricultural land as of December 31, 1981,
the closing date of the previous report.


TABLE 2800U,S_. FOREST AND OTHER NONAGRICULTURAL LAND ACQUISITIONS
BY COUNTRY OF FOREIGN OWNER» JANUARY LoDECEMBER Sly 1982

1) OWNERS | PARCELS | ACRES ' VALUE
COUNTRY IREPORTING | REPORTED 4 (NUMBER) | {14000

1 (NUMBER) | (NUMBER) 1 | DOLLARS) Qf
- wenceeberenencacebareranenerbecennenerebanenmerseerenee
AUSTRIA 3 3 217 163
BERMUDA ' 1 1 te) 13
CANADA i) 6 6 110076 19745
DENMARK i} 1 1 161 242
GERMANY (WEST) ‘ 17 27 50972 50618
JURDAN ' 1 1 153 337
NETHERLANDS ANTILLES i) 2 2 109 335
SwITZERLAND i} 1 1 151 462
SYRTA ' ry 1 109 691
UNITED KINGDOM t 4 4 lebdli 692
MULTIPLE ' 1 1 158 170
THIRD TIER 1 a 113 269350 200875

4

SUBTOTAL @/ ' a9 161 479982 310363

'
US/CANADA ' 3 6 438 464
US/DENMARK ' L 1 161 242
US/FRANCE i 3 9 10906 491
US/GERMANY (WEST) ' 2 5 20326 29639
US/LUXEMBUURG ' a 1 8 6
US/NETHERLANDS 1 3 4 267 106
US/NETHERLANDS ANTILLES} L 1 120 80
US/PANAMA ' 2 5 985 10782
US/UNITED KINGDUM ' 13 99 319633 169226
US/MULTIPLE i) 1 9 1590477 386275
US/THIRD TIER i) 1 22 80047 417

'

SUBTOTAL 3/ ' 31 162 2059368 659082
'

TOTAL

323 2539350 960445

Pon RoResnenesAnn@aaDaAoAaPES

A/) VALUE IS PURCHASE PRICE OR NONPURCHASF PRICE (ESTIMATED VALUE)»

2/ TOTAL INTERESTS EXCLUDING UsS» CORPORATIONS WITH FOREIGN
SHAKEHOLDERS»

a/ - TOTAL INTERESTS OF UsS. CORPORATIONS WITH FOREIGN SHAREHOLDERS»

TABLE 29°0U,S_ FOREST AND OTHER NONAGRICULTURAL LAND ACQUISITIONS
BY TYPE OF FOREIGN OWNERe JANUARY JeDECEMBER 319 1982

(NUMBER )
erencorconconensncnncecercenanmnsnanssoaenserereccconnnmeronancnencccons
1 1 ' IPARCELS WITH |
OWNER | OWNERS { PARCELS | ACRES | PARTIAL 1 ACREAGE
IREPORTINGIREPORTED | (INTERESTS | EQUIVALENT 2/
1 i) 1 1 REPORTED J/ |
a a a on hee See ee eee
INDIVIDUAL 1 18 19 29797 T 29277
CORPORATION | 43 181 2179468 9 2099412
PARTNERSHIP 1 6 120 319231 ° 31023)
ESTATE ' 1 1 10597 o 19597
TRUST H 2 2 257 oO 257
TOTAL ' 10 323° 2539350 16 2449774

rom eeneeneentnnnencnencanenmenennennnnene

1/ “PARCELS WITH PARTIAL INTERESTS ARE THOSE PARCELS WHICH ARE OWNED
ONLY IN PART BY THE FOREIGN INVESTORS THAT IS¢ 4 PERCENTAGE INTEREST
LESS THEN 100 PERCENT.

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

47



TABLE 37--DISPOSITONS OF U.S. AGRICULTURAL LAND BY COUNTRY OF FOREIGN
OWNER. JANUARY “1-DECEMBER 31, 1982

1 |
OWNERS {| PARCELS J t SELLING
COUNTRY REPORTING | REPORTED | ACRES 1 PRICE
1 (NUMBER) =| (NUMBER) =| (NUMBER) =| {1,000
| | ! 1 OGLLARS) 1/
L 4 as ae 1. _-
I
AUSTRALIA | 1 10 48 47
AUSTRIA { 1 1 114 48
BELGIUM ! 2 2 88 1,166
BRITISH VIRGIN ISLANDS | 3 9 999 22628
CANADA | 28 40 239771 14,962
CAYMAN ISLANDS f 3 3 5268 11,185
COLOMBIA | 1 1 8 67
COSTA RICA 1 1 1 340 672
FRANCE I 5 5 14126 19582
GERMANY CHEST) ! 26 29 114606 16,006
GREECE \ 1 1 ‘5 20
IRELAND ! 1 4 383 240
ITALY { 1 1 120 49395
LIBERIA ' 1 2 106 411
MEXICO I 4 5 395 767
NETHERLANDS . ! 8 11 1,273 14203
NETHERLANDS ANTILLES ~= | 15 16 224839 26,887
PANAMA 1 2 2 515. 826
SPAIN ! L 1 110 19043
SWEDEN | 2 2 331 495
SWITZERLAND { 6 7 107 34406
SYRIA | 1 1 270 34
TURKS ISLANDS i 1 1 20 40
UNITED KINGDOM ' 3 4 54116 34605
VENEZUELA 1 4 10 1,103 662
THIRD TIER | 3 10 1,204 3690
4
SUBTOTAL 2/ \ 125 179 7179265 96,087
US/BAHAMAS | 1 1 260 29225
US/BRAZIL | 1 L 1+280 480
US/CANADA ] 10 21 20 5696 27,010
US/ FRANCE | 5 12 74185 6,003
US/GERMANY (WEST) | 4 15 59571 8,088
US/ JAPAN 1 2 4 1545 14195
US/LIECHTENSTEIN ] 1 1 237 1,667
US/ LUXEMBOURG ! 1 1 492 901
US/ NETHERLANDS ! 6 8 15493 99174
US/NETHERLANDS ANTILLES | 1 2 2877 12825
US/ PANAMA ! 2 2 718 1,152
US/ SWITZERLAND { 4 5 14252 1,798
US/UNITED KINGDOM ! 7 34 59568 94865
US/MULTIPLE ] 1 L 10 3
US/THIRD TIER \ 1 1 2 2
SUBTOTAL 3/ H 47 109 519186 714388
TOTAL ALL |
LAND DISPOSITIONS ! 172 288 128 +451 1672475

1/) SELLING PRICE IS VALUE AT TIME OF DISPOSITION.
2/ TOTAL INTERESTS EXCLUDING U.S. CORPORATIONS WITH FOREIGN

SHAREHOLDERS «

B/ TOTAL INTERESTS OF U.Se CORPORATIONS WITH FOREIGN SHAREHOLDERS. 53



Figure 1

State Concentration of Foreign Ownership of
Agricultural Land, December 31, 1982

Legend: Acres

feu 0-49,009
° 50,000-99,999
Lae {EH 100,000-199,099
| 200,000-399,999.
400,000 & over

Figure 2

Proportion of.Foreign-Owned Agricultural Land to All Privately Owned
Agricultural Land in the United States, December 31, 1982 -

P

Less than .1%
1 to 8%



ABS TRACT

FOREIGN OWNERSHIP OF U.S- AGRICULTURAL LAND THROUGH DECEMBER 31,
1982, by J. Peter DeBraal and T. Alexander Majchrowicz. Natural
Resource Economics Division, Economic Research Service, U.S.
Department of Agriculture. Washington, D.C. 20250. ERS Staff
Report No. AGES830310, April 1983.

Foreigners owned 13.5 million acres of U.S. agricultural land

as of December 31, 1982. This ig slightly more than 1 percent
of all privately held agricultural land and 0.6 percent of all
jand in the United States. This share is too small to measure
the impact on agriculture at the national level. However, some
communities in areas of heaviest concentration could be af-
fected. These findings are based on an analysis of reports sub-
mitted in compliance with the Agricultural Foreign Investment
Disclosure Act of 1978.

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

RRR RHKHRAR RAR RRR RRR RR RRR RE

*
This paper was prepared for limited distribution to *
the research community outside the U.S. Department of *
Agriculture *
*
*

a

RR KRHA HERRERA RR RR OR RR RR


Intended Use .

28

Based on reports by foreign owners who reported owning only
forest land or forest land and other nonagricultural land,

these reports account. for 52 percent of all the foreign-owned
U.S. agricultural land (tables 1 and.12). The remaining 48 per-
cent 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 2,395 acres (table 12).
Except for, Maine (the uniqueness of which has been noted pre-
viously), the forest or forest and other nonagriculture acres
are concentrated in the South and West. Alabama, Georgia,
Mississippi, the Carolinas, and Tennessee account for 33 per-
cent of the acres reported. California, Idaho, Oregon, and
Washington) account for an additional 14 percent.

Foreign persons from Canada own 48 percent of the foreign-owned
U.S. forest land or forest and other nonagricultural lands
(table 13)! one U.S./Hong Kong corporation owns an additional
24 percent} followed by foreign persons from the United Kingdom
with 15 percent.

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 66 percent
of the parcels, representing 94 percent of the acreage. The
remaining 19 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 888,229 acres less than. the acres for which
reports were filed.

Owners of parcels with less than 300 acres, 70 percent of all
the owners, own 19 percent of the parcels covering only 0.4
percent of |the forest land or forest and other nonagricultural
land (table 15). The remaining 30 percent of the owners, owning
parcels with 300 or more acres, own 81 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.
No change in intended use was reported for 92 percent of the
acres (table 16). Intended use changes to other agricultural
usage were jreported for holders of 2 percent of the. acres.
Reports 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
intended to change the use of some of’ the acreage. However, the
report forn| does not ask how many’ acres will be involved.
Reports representing 1 percent of the acres did not indicate

intended use.
|


TABLE 8—U.S. AGRICULTURAL LANDHOLDINGS BY COUNTRY. OF FOREIGN OWNER,

OECEMBER. 31, 1962
(NUMBER)

COUNTRY

ones

PARCELS

ANDORRA
ARGENTINA
AUSTRALIA
AUSTRIA
BAHAMAS
BELGIUM
BELIZE
BERMUDA
BOLIVIA
BRAZIL
BRITISH VIRGIN ISLANDS
CANADA

CAYMAN ISLANDS
CHILE

CHINA
COLOMBIA
COSTA RICA
CUBA
CZECHOSLOVAKIA
DENMARK
DOMINICAN REPUBLIC
ECUADOR

EGYPT

EL SALVADOR
FRANCE
GERMANY(WEST)
GREECE
GUATEMALA
GUYANA
HONDURAS
HONG KONG
INDIA
INDONESIA
IRAN

IRAQ

IRELAND
ISRAEL

ITALY

IVORY COAST
JAMAICA
JAPAN

JORDAN.
KOREA. SOUTH)
KUWA IT:
LEBANON
LIBERIA
LIBYAN ARAB REPUBLIC
LIECHTENSTEIN
LUXEMBOURG
MALAYSIA
MEXICO
MOROCCO
NAMIBIA

SEE FOOTNOTES AT END OF TABLI

16

32742
121436
39062
19,500
314280
659455
12405
179152
il
22902
35.779
124454109
145441
281
2033
16,000
169379
10

485
11,999
20161
976
422
185
630142
6759151
567349
486

35

892
1759776
982
655
31768
550
95875
627
115135
119

313
1124056
553

41
11568
145941
349076
948
1045759
52342
120
2115106
160

146

CONTINUED--





Interest in Land

Method of
, Acquisition

Relationship of
Representative to
Foreign Owner

Land Use

40

acreage during the period. An additional 28 percent of the
acreage is|owed by U.S./Multiple entities, U.S. corporations
which have|foreign owners from a number of countries, none of
which has i predominant interest in the corporation.

Most of the acres acquired during this period were in the South
(table 24)! No foreign country of origin had exceptionally
noticeable |acquisitions, although foreign persons from West
Germany and U.S./U.K. corporations had the largest acquisitions,
accounting|for 38 percent of the total. Third Tier owners,

those without an identifiable country of origin because no for-
eign country of origin is listed through the third tier of owner-
ship, accounted for an additional 17 percent of the foreign-held
acres in the South. In the North Central region, U.S./Multiple
owners account for 86 percent of the foreign ownership.

Of the reported foreign-acquired parcels of U.S. agricultural
land, 88 percent (accounting for 93 percent of the reported
acres) were acquired in fee interest whole (table 25). Partial
interests were acquired in 6 percent of the parcels, repre-
senting 5 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, 57 percent, covering
39 percent of the total acreage, were reported as being acquired
for "Cash Only." This compares with 21 percent of the parcels,
covering 18 percent of the total acreage, which were reported as
being acquired by "Credit Only." ‘The "Other Method Only” cate-
gory (which includes mergers, U.S. corporations which became
foreign owned, land exchanged for stock’ in a corporation, and
other arrangements) contains reports for 3 percent of the parcels
but covers |29 percent of the acreage.

Attorneys filed forms for the largest number of parcels, 37
percent, containing 60 percent of the acres (table 25). Attor-
neys may have accounted for the largest number of filings be-
cause they |were involved in the transactions and filed the forms
when the transactions occurred. The "Other" category (ac-
countants, family members, persons associated with corporations,
and others) accounted for the next largest number of parcels,

32 percent, reflecting 20 percent of the acres. Foreign owners
themselves /filed forms for only 13 percent of the parcels cover-
ing only 8 |percent of. the acreage.

Of the acres acquired during 1982, 49 percent were forest land
(table 26) ¥ Cropland, pasture, and other agricultural land
totaled 254,192 acres, or 44 percent of the acquisitions. Seven
percent of |the acreage acquired was reported in the “Other Non-
agriculture" category.

The largest acquisitions of cropland were reported by foreign
persons from West Germany and foreign persons from Canada not
affiliated with a U.S. corporation, 62,987 acres, or 50 per-

cent of the cropland. The largest acquisitions of pastureland



Land Use

24

employed by corporations. People in the "Other" category filed
forms for|25 percent of the parcels representing 19 percent of
the foreign-held agricultural land.

Fifty-five percent of the reported foreign-owned holdings of
agricultural land is timber or forest land (table 11); cropland
accounts for only 13 percent. Cropland, pasture, and other
agricultural land (which includes, for example, orchards and
vineyards) total 40 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”
categories account for 5 percent of the reported foreign—-held
acres. Nonagricultural land includes acreages such as the home-
stead 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 3,437,658 acres, or 46 percent,
of the reported forest landholdings. U.S./Hong Kong corpo-
rations hold an additional 23 percent of the forest land,
followed by foreign persons from the United Kingdom with 15 per-
cent. Three percent of this forest acreage is not attributable
to any foreign country of origin because no foreign country of
origin is listed through the third tier of ownership. The size
of the Canadian and Hong Kong holdings are attributable to la
Canadian corporation with partial interests in 8 parcels
covering 880,774 acres, 2) a U.S./Canada corporation which owns
96 parcels covering 2,047,692 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, 919,303 acres, or 51 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 Netherlands Antilles, the United
Kingdom, and West Germany own 48 Percent of the pastureland,
1,454,537 acres. Foreign persons from Canada account for an
additional 9 percent, followed by U.S./Luxembourg corporations
and foreign| persons from Japan and Mexico not affiliated with
a U.S. corporation which own 14 percent, or 421,908 acres.

The largest| group of owners of other agricultural land are
foreign persons from the United Kingdom who own 15 percent of
the acres. |They are followed by foreign persons from Canada,
foreign persons from the Netherlands Antilles not affiliated
with a U.S. corporation, and foreign persons from West Germany
who own a total of 161,856 acres, or 30 percent. Foreign
persons from Switzerland and the Netherlands and foreign persons
from Mexico not affiliated with a U.S. corporation own an
additional 1/17,085 acres, or 22 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,



Acquisitions

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 tenure arrangements would remain the same and
some would change. No responses 'on tenure changes were received
for 26 percent of the parcels containing 29 percent of the acres.

In the South, new tenure arrangements were reported for 49
percent of the parcels containing 42 percent of the acres,
whereas no tenure change was reported for 36 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 Northeast, reports for 47 percent of the parcels accounting
for 53 percent of the acres did not respond to the tenure
question.

The data in this section are net figures for U.S. agricultural
land acquired by foreign persons between January 1 and December
31,.1982; 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 957 parcels of U.S.
agricultural land covering 576,190 acres during 1982 (tables

18 and 19). Included in these acquisitions data are reports
filed by U.S. entities which became foreign during 1982. 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 pur-
chases. 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 preliminary
in'that it understates to some degree the total acreage acquired
by foreign persons during the 1982 report year. Because foreign
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, 1982, closing date of this
report were received for processing by USDA. Therefore, many
reports for the months of October; November, and December are
not included in this report. Table 40 shows that the distri-
bution of acquisition dates during 1982 is skewed toward the
first half of the year. In addition, a further understatement
of the acreage acquired by foreign persons in 1982 would result
from 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.

33



TABLE 9--FOREIGN OWNERSHIP OF U.S. AGRICULTURAL LANDHOLDINGS BY UeS. REGION,
DECEMBER 31, 1982

(NUMBER?
1 ! 1 1
| SOUTH ! WEST ! NORTHEAST 1 NORTH CENTRAL
COUNTRY 1 l \ | .--—---=—

1 1 1 1. 1 1

T PARCELS | ACRES | PARCELS | ACRES | PARCELS | ACRES | PARCELS | ACRES
— 4 i 1 1 1 4 _---L. pene.

1
ANDORRA I 0 0 2 By 742 ° ) O) 0)
ARGENTINA t 43 5,707 8 52107 2 1,478 1 144
AUSTRALIA ' 14 29579 4 335 2 16 3 132
AUSTRIA { 42 15,006 1 14687 4 111 10 21696
BAHAMAS ' 31 5427 6 169345 2 321 2 94340
BELGIUM | 3L 121226 55 519177 16 968 5 1,084
BELIZE { 5 164 1 25 o oO 3 19216
BERMUDA 1 7 11,798 1 477 8 20449 28 24428
BOLIVIA ! 2 ll 0 oO oO oO ° 9
BRAZIL ! 3 147 1 20155 ° 0) 0 0
BRITISH VIRGIN ISLANDS | 30 8,061 4 449243 5 14909 4 154566
CANADA 1 432 1001045 1y216 2594719 14257 1+0249732 199 ~ 60,613
CAYMAN TSLANOS i 28 14965 5 TL 1 1% 10 59691
CHILE ! 2 276 1 5 0 ° 0 °
CHINA ! 4 126 2 27 1 808 3 828
COLOMBIA 1 33 15,890 C) ° 1 10 1 100
COSTA RICA | 10 54539 1 10,840 ° 0 C) 0
CUBA ! 1 10 Q 0 ° ° ° )
CZECHOSLOVAKIA | 2 30 ° 0 ° C) 3 455
DENMARK ! 1 117, 9 104088 4 187 3 1,607
DOMINICAN REPUBLIC ' 5 a2 C) 0 0 0 9 24079
ECUADOR ! aL 976 0 C) 0 0 ° 0)
ecyeT | 6 414 0 ° 0) c) Lo 8
EL* SALVADOR ' 3 185 ) ° ° 0 9 0)
FRANCE ! 44 17718 30310246 19 9,811 9 41307
GERMANY(WEST) 1 676 289,875 352 235992 124 294954 319. 1199330
GREECE 1 7 = 54783 1 1217 2 116 3 233
GUATEMALA 1 8 203 1 9 3 274 0 °
GUYANA 1 1 35 0 0 ) 0 0 cy)
HONDURAS ' 1 892 0 ° ° 0 C) o
HONG “KONG 1 20 51368 33° 1699480 4 261 3 667
INDIA ! 8 Sol 6 398 L 23 0 0)
INDONESIA ! 2 603 1 52 C) ° 0 °
TRAN 1 4 368 10 977 6 114% 8 14279
TRAQ ! 1 550 ° 0 0 0 0 0
IRELAND | 8 51819 1 34600 4 22 4 434
ISRAEL ' 0 ° 1 61 1 159 2 407
ITALY ‘ 19 7,843 9 2,081 4 156 4 455
Ivory COAST ! ° ° 0) C) 1 119 0 0)
JAMAICA ! 3 313 C) 0 ° ° 0 0
JAPAN ' 4 217 24 «111,733 0 ) 4 106
JORDAN { 3 232 6 31 2 229 3 61
KOREA (SOUTH) ! 1 15 1 26 0 C) 0 °
KUWAIT | 2 432 2 224 1 217 3 695
LEBANON ! 14 71902 9 21553 1 100 12 41386
LIBERIA i 1 1,991 13269418 5 54553 1 114
LIBYAN ARAB REPUBLIC = | 3 661 ° 0 2 287 ° °
LIECHTENSTEIN ! 57 By 367 49 494909 14 1,967 16 41516
LUXEMBOURG 1 4 40837 2 505 ° C) 0 °
MALAYSIA ' 4 120 ° f) 0 0 0 0
MEXICO { 276 = -:172s711 14 369109 1 15165 4 1,121
in |
SEE FOOTNOTES AT END OF TABLE. SV CONTINUED--

19



and U.S. entities in which there is a significant foreign in-
terest or substantial control are also defined as foreign per-
sons under the act.

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 individual case, are ignored.

Each foreign entity holding land is required to file a report.
Therefore, if two individuals own 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, howéver, 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
partnership but individuals own the land as tenants in common.
If they file together on one form, they are automatically con-
sidered a partnership. If they file separately, they are gener-
ally considered individuals. Therefore, the data on individu-
als 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 di-
rect interest in the land (that is, the first layer or tier)
is considered 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 in-
terest or substantial control in it. (The regulations define
“significant interest or substantial control" to mean a 5 per-
cent 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 for-
eign owner of the real estate may be at the end of a string

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
disclose, in addition to'information about the land, certain
information about the second-tier interest. The regulations
also provide that the second-tier interest may be asked to dis-
close information about the third tier. Some respondents have


TABLE 39==DISPOSITIONS OF UsSe AGRICULTURAL LAND BY COUNTRY OF FOREIGN OWNERe BY USE
“JANUARY LeDECEMBER 31¢ 1982

(ACRES)
COUNTRY | CROPLAND 4 PASTURE | FUREST {| OTHER {OTHER NON@ | NO USAGE | = TOTAL
‘ ' t HAGRICULTURE | AGRICULTURE! REPORTED
women: ee eee eee eet Senet Senin oie
'
AUSTRALIA ' oO ° 5 0 43 oO. 48
AUSTRIA ' ° ° 116 ° o ° 116
BELGIUM ' 51 37 ° ° ° o 88
BRITISH VIRGIN ISLANDS 1 606 o 310 20 63 ° 999
CANADA ' 110372 658 119093 nu S77 ° 230771
CAYMAN ISLANDS ' 39080 ° ° 506 19682 ° 50268
COLOMBIA t ° 0 J 8 0 ° 8
COSTA RICA ' ° ° ° 340 ° 0 340
FRANCE t 731 oO ° 44 351 oO 19126
GERMANY (WEST) ' 69993 19347 19596 19643 29 ° 119606
GREECE ' ° o 0 5 ° ° 5
IRELAND ' ° 363 a) ° ° oO 383
ITALY ‘ ° a ° ° 120 ° 120
“LIBERIA ' oO 9 ° 106 oO ° 106
MEXICO ' 285 12 37 35 26 ° 395
NETHERLANDS ' 737 2146 318 oO 4 0 10273
NETHERLANUS ANTILLES = | 120678 2e56u 60665 157 159 6 220839
PANAMA t 102 200 50 o 163 ° bis
SPAIN ' 102 ° ° ° 8 ° div
SWEDEN ' 86 195 ° 30 20 o 331
SWITZERLAND ' 62 ° ° 16 9 ° 107
SYRTA ' oO oO 0 o 210 oO 210
TURKS ISLANDS ' o ° 9 o 20 ° 20
UNITED KINGDOM ( 14246 39600 210 oO 0 ° Selle
VENEZUELA ' 941 162 ° ° ° ° 49103
THIRD TIER ' 232 Q 897 ° 15 ° 19206
'
SUBTOTAL Q/ ‘ 399324 90388 219353 39581 39619 ° 1Th9265
'
US/BAHAMAS ' o ° ° 260 oO o 260
US/BRAZIL 1 107 19173 ° ° ° °o 19280
US/CANADA ' 10873 1tvasu 657 ot 305 ° 209696
US/FRANCE ' 19622 1756 39037 ° 172: ° 70185
US/GERMANY (WEST) ' 30988 118 19405 ° oO ° Se57L
US/JAPAN ' 730 4al 289 ° 85 ° 19545
US/LIECHTENSTEIN ' 237 v ° ° ° ° 23T
US/LUXEMBUURG ' 475 o ° uz ° oO 492
US/NETHERLANDS ‘ 911 315 ° 35 232 ° 19493
US/NETHERLAONUS ANTILLES! ° 40877 ° ° ° ° 4eeTt
US/PANAMA ' 558 160 ° ° o ° No
US/SWITZERLAND ) 1elol oO ras 108 16 ° 20252
US/UNITED KINGDOM ' 261 a. 49069 827 “ir ° 59568
US/MULTIPLE ' o o 10 o C) ° qu
US/THIRD TIER ' 0 oO 2 Qo 0 ° é
SUBTOTAL 2/ ' 119883 260688 99536 19258 19621 i) SlelRe
'
TOTAL ALL ‘
LAND DISPUSITIONS ' 510207 360076 300889 49839 Seeau ° 1280451

Af TOTAL INTERESTS EXCLUDING U.S. CURPORATIONS ITH FUREIGN SHAREMOLDERS.
@/ TOTAL INTEKESTS UF UeS, CURPURATIONS wiTH FOREIGN SHAREHOLDERS.

55



TABLE 24—FOREIGN OMNERSHIP OF U.S. AGRICULTURAL LAND ACQUISITIONS BY U.S. REGION:

JANUARY 1-DECEMBER 315 1982

(NUMBER)
' 1 1 1
| SOUTH | WEST 1 NORTHEAST | NORTH CENTRAL
1 1
COUNTRY 1 fy 1 f 1 1 1 1

| PARCELS | ACRES | PARCELS | ACRES | PARCELS | ACRES | PARCELS | ACRES

JREPORTED | IREPORTED | IREPORTED | (REPORTED |

1 1 1 1 a0 a doo

t :
ANDORRA ! C) 0 2 34742 0) ° Oy) 0
AUSTRIA 1 1 164 0 ° 2 53 0 0
BAHAMAS, 1 3 58 0 ° o ° 0 C)
BELGIUN 1 1 48 1 70 ° 0 0 0
BERMUDA ! C) C) ° ° 1 15 7 7389
BRAZIL 1 1 460 oO oO 0 0 0 0
BRITISH VIRGIN ISLANDS |} 7 29248 0 ) ° C) 0 0
CANADA ! 13 25274 38 = 504470 42 17,030 3 1,018
CAYMAN ISLANDS 1 2 845 0 Ct) 1 14 1 80
CHINA i 1 4 C) ° 0 C) 0 0
COLOMBIA 1 L 20 0 oO 0 ° 0 Cy)
COSTA RICA ! 3 14020 C) ° ° 0 0 r)
DENMARK ' o 0 1 161 0 ° C) °
EL SALVADOR 1 1 10 ° C) 0 C1) ° °
FRANCE ' aL 59345 9 24730 3 2028 0 C)
GERMANY (WEST) 1 76 254098 13309298 15 22681 8 1,889
HONG KONG I 1 52 2 150 ° 0 0 0)
IRAN ! ° ) 2 281 0 C) ° 0
TRAQ ' 1 550 o ) 0 0 ° 0
JAPAN ! ° 0 1 130 0 0 1 1
JORDAN 1 0 0 C) 0 1 153 o C)
LEBANON i 1 42 .) 0 C) aa) C) 0
LIECHTENSTEIN 1 4 802 1 70 1 16h 1 134
LUXEMBOURG ' 1 289 ° 0 ° 0 ° C)
MALAYSIA ! L 10 0 0) 0 0 C) 0
MEXICO I 18 21662 1 640 0 0 ° 0
NETHERLANDS. 1 9 1,691 7 50943 L 20 1 160
NETHERLANDS ANTILLES. | 1911679 8 29377 9 1411 C) °
PANAMA ! 5 22030 2 110 0 0 tC) 0
SAUDI ARABIA ' 2 19 1 670 ° C) 1 19
SINGAPCRE I C) ° ° ° 1 480 ° 0
SOUTH AFRICA ! 1 17 0 0 0 0 0 0
SPAIN ! 1 5 C) .) 0 o 0) °
SWEDEN | 3 353 oO Ce) t) 0 o oO
SHITZERLAND ' 17 54779 1 17 1 213 3 21089
SYRIA ! 0 ) ° 0) 2 334 rt) °
TRINIDAD & TOBAGO 1 1 30 1 988 ° ° ° °
UNITED KINGDOM ' 7 1,665 5 1,312 4 14436 9 24649
VENEZUELA ' 9 1,709 C) ° 1 371 ° °
YUGOSLAVIA ! ° 0 9 ° 0) ° 1 160
MULTIPLE ' 1 75 2 268 0 0 0 0
THIRD TIER ' 114 289407 C) C) C) rt) ° °

1

SUBTOTAL 1/ ' 337 = 954460 98 = 1004427 85 26460 36 9,048

SEE FOOTNOTES AT END OF TABLE. CONTINUED--

41



were reported by foreign persons from West Germany and foreign
persons from Canada not affiliated with a U.S. corporation.
These acquisitions totaled 62,205 acres, or 63 percent of the
pasturéland. U.S./Multiple corporations acquired 159,447 acres
of forest land, or 57 percent. Unidentifiable Third Tier
foreign persons acquired an additional 13-percent of the for
land. -U.S./Switzerland corporations acquired 34 percent of the
other agricultural land, 9,875 acres. Of the nonagricultural
land; U.S./West Germany corporations acquired 24,382 acres,

or 60 percent.

Separating out data on reports for only forest land or forest
jand and other nonagricultural land shows that 44 percent of all
reported acquisitions are in these two land-use categories
(tables 18 and 27). ‘The remaining 56 percent is primarily farm-
land, although it includes some forest and/or other nonagricul-
tural land commonly reported as part of the farmland acquisition
(table 27).

TABLE 25=@FOREIGNeOWNED UsS. AGRICULTURAL LAND ACQUISITIONS BY TYPE
OF INTEREST» METHOD OF ACQUISITION, AND OWNER@REPRESENTATIVEs
JANUARY 1eDECEMBER 31% 1962
(NUMBER)

ITEM

PARCELS 1 ACRES
‘REPORTED 1

1
1
4

INTEREST fl
FEE INTEREST WHULE ' 841 5369007
FEE INTEREST PARTIAL 1/ ' 58 269042
TRUST BENEFICIAKY 1 +3) 20791
PURCHASE CUNTRACT 1 23 89529
OTHER ' 24 20621

'
TuTAL ' 957 5769190

'

METHOD OF ACQUISITIONS '
CASH UNLY i) 550 2239535
CREDIT UNLY 1 204 1049339
TkaLE ONLY ' 49 269260
GIFT/INHERITANCE UNLY ‘ U 147
FORECLOSURE ONLY ' 1 130
OQIHER METHOD ONLY ' 31 1659666
CASH & CREDIT ONLY 1 100 500119
CASH & TRADE ONLY 1 6 20155
CASH & ANY OTHER COMBINATION ' 4 19129
NONCASH COMBINATIUNS ' 5 720

'
TOTAL i) 957 5769190

'

OWNER@REPRESENTATIVES i)
ATTORNEY 1 356 3479715
MANAGER | 83 399839
AGENT 1 83 299065
OTHER ' 306 11208046
FOREIGN OWNER i) 129 460767

'
TUTAL ' 957 5769190

mennanenncewenennmenncnenecencnnneretncncnonneen

|/ THE FEE INTEREST PARTIAL IS USED FUR THUSE PARCELS WHICH ARE
UwNEL ONLY IN PART BY THE FOREIGN INVESTORS THAT 15+ A PERCENTAGE
INTEREST LESS THAN 100 PERCENTe

43



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

Geographical
Distributions

Characteristics of
Foreign Owners

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 is 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 34 and 31 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, 2,658,669 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, 2.5 million acres, is
timberland owned by three large timber firms. One company owns
various percentage interests in 881,000 acres. The other two
companies ,| accounting for 793,000 and 861,000 acres, are U.S.
companies which became foreign persons because they passed the
5-percent AFIDA threshold figure which defines foreign ownership.

South Carolina, Hawaii, and Georgia 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
ata descriptive level which is more location specific than pro-
vided by statewide data. In a recent report, 4/ data collected
under AFIDA through December 31, 1980, were calculated to give
levels of foreign investment in agricultural land by county. A
dot map distribution of all foreign-owned acreage at the end of
1980. showed large clusters of foreign investment in the North-
east and Southeast with smaller acres of concentrated investment
throughout |the United States (fig. 3). Much of the investment
in the Northeast and Southeast is explained by large forest land-
holdings. |In addition to forest land, the Southeast, particu-
larly southeastern Tennessee, has large acreages reported by
mining companies as nonagricultural land under AFIDA. For com-
parative Purposes, AFIDA records which reported acreage solely
as forest land, nonagricultural land, or a combination of forest
land and nonagricultural land were eliminated from the 1980 data
base to display foreign investment only in crop, pasture, and
other agricultural land (fig. 4). Comparing this distribution
to figure 3, shows that the amount of foreign-held farmland is
noticeably /less than the total foreign-held agricultural land in
the Northeast and Southeast.

Type of Foreign Owner--Individuals are the most common type of
owner. They account for 51 percent of the owners, followed by

—
4/ T. A. Majchrowicz, Analyzing Levels of Foreign Invest-
ment in U.S. Agricultural Land, U.S. Dept. of Agr., Econ. Res.

Serv., November 1982.