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Foreign investors buying land #3751535
09/22/22 03:17 PM
09/22/22 03:17 PM
Joined: Aug 2006
Posts: 10,199
The Boonies a.k.a. Pickens cou...
300gr Offline OP
8 point
300gr  Offline OP
8 point
Joined: Aug 2006
Posts: 10,199
The Boonies a.k.a. Pickens cou...
Just heard foreign investors now own over 1.7 million acres of farmland here in Alabama.


Two roads diverged in the woods and I took the one with deep ruts,hills and mud.It may be bumpy but WHAT A RIDE!
Re: Foreign inverstors buying land [Re: 300gr] #3751537
09/22/22 03:20 PM
09/22/22 03:20 PM
Joined: Aug 2003
Posts: 4,039
pensacola,fl
dagwood Offline
10 point
dagwood  Offline
10 point
Joined: Aug 2003
Posts: 4,039
pensacola,fl
I wonder if they lease the hunting rights?


jmlane
Re: Foreign inverstors buying land [Re: 300gr] #3751543
09/22/22 03:33 PM
09/22/22 03:33 PM
Joined: Sep 2014
Posts: 1,649
Lower Alabama
G
GrandSlam Offline
8 point
GrandSlam  Offline
8 point
G
Joined: Sep 2014
Posts: 1,649
Lower Alabama
At least turkey rights!

Re: Foreign inverstors buying land [Re: 300gr] #3751548
09/22/22 03:41 PM
09/22/22 03:41 PM
Joined: Jun 2015
Posts: 14,393
Some Marriott/Auburn
A
AU7MM08 Offline
Booner
AU7MM08  Offline
Booner
A
Joined: Jun 2015
Posts: 14,393
Some Marriott/Auburn
Foreigners own a ton of real estate and it’ll eventually become a big problem.

Chinese companies owning land near sensitive military bases, Chinese offshoring funds away from the grasps of PRC control in the form of California houses sitting empty.

Re: Foreign inverstors buying land [Re: 300gr] #3751568
09/22/22 04:07 PM
09/22/22 04:07 PM
Joined: Aug 2015
Posts: 1,242
Montgomery, AL
T
Treelimb Offline
8 point
Treelimb  Offline
8 point
T
Joined: Aug 2015
Posts: 1,242
Montgomery, AL
Heard that an Asian company has bought some land in Montgomery county and are going to build a recirculated/recycled water type of fish farm?
Anybody else hear this?

Re: Foreign inverstors buying land [Re: 300gr] #3751569
09/22/22 04:10 PM
09/22/22 04:10 PM
Joined: Jun 2013
Posts: 55,220
Gee's Bend/At The Hog Pen
James Offline
Freak of Nature
James  Offline
Freak of Nature
Joined: Jun 2013
Posts: 55,220
Gee's Bend/At The Hog Pen
Chinermens buying it up


Do not regret growing older, it's a privilege denied to many!

Re: Foreign inverstors buying land [Re: 300gr] #3751572
09/22/22 04:16 PM
09/22/22 04:16 PM
Joined: Aug 2001
Posts: 72,723
Luverne, AL
Skinny Offline
GUVNER
Skinny  Offline
GUVNER
Joined: Aug 2001
Posts: 72,723
Luverne, AL
IKEA owns a big tract in Lowndes county.


"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
Re: Foreign inverstors buying land [Re: 300gr] #3751573
09/22/22 04:17 PM
09/22/22 04:17 PM
Joined: Nov 2001
Posts: 5,398
Greensboro,Al.USA
Geezer Offline
12 point
Geezer  Offline
12 point
Joined: Nov 2001
Posts: 5,398
Greensboro,Al.USA
We’re whites stole it from the Indians! You don’t have to sell😔


I am drinking from my saucer cause my cup has overflowed. Thank you Lord
Re: Foreign inverstors buying land [Re: 300gr] #3751588
09/22/22 04:33 PM
09/22/22 04:33 PM
Joined: Jul 2020
Posts: 8,965
Chelsea
L
Lockjaw Online content
14 point
Lockjaw  Online Content
14 point
L
Joined: Jul 2020
Posts: 8,965
Chelsea
I think we need to pass a law myself.

Re: Foreign inverstors buying land [Re: 300gr] #3751599
09/22/22 04:44 PM
09/22/22 04:44 PM
Joined: Apr 2001
Posts: 371
Gordo,Al 35466
C
cuztoshaw Offline
4 point
cuztoshaw  Offline
4 point
C
Joined: Apr 2001
Posts: 371
Gordo,Al 35466
Despite not liking most of the views of Saudia Aradia, they do have one law that makes great sense. A foreign individual/corporation can only own 49.9 percent of anything in that country. Wish we had instituted something like that many years ago.

Re: Foreign inverstors buying land [Re: 300gr] #3751608
09/22/22 04:52 PM
09/22/22 04:52 PM
Joined: Sep 2015
Posts: 770
Here
C
Chiller Offline
4 point
Chiller  Offline
4 point
C
Joined: Sep 2015
Posts: 770
Here
You be amazed who owns some of the condos in OB and Gulf Shores

Re: Foreign inverstors buying land [Re: 300gr] #3751668
09/22/22 06:37 PM
09/22/22 06:37 PM
Joined: Nov 2011
Posts: 22,111
USA
R
Remington270 Offline
Freak of Nature
Remington270  Offline
Freak of Nature
R
Joined: Nov 2011
Posts: 22,111
USA
Would any of y'all take a lower offer if a foreign buyer offered the most money per acre? I bet 99% of people would take the money and run.

Re: Foreign inverstors buying land [Re: 300gr] #3751669
09/22/22 06:40 PM
09/22/22 06:40 PM
Joined: Mar 2014
Posts: 808
Auburn, Al
G
GHTiger10 Offline
6 point
GHTiger10  Offline
6 point
G
Joined: Mar 2014
Posts: 808
Auburn, Al
I'm not even sure they would know who was buying it. When I was in Atlanta last year, a closing attorney told me half of the closings they were doing we're LLC's that were not based around Atlanta.

Re: Foreign inverstors buying land [Re: Geezer] #3751697
09/22/22 07:27 PM
09/22/22 07:27 PM
Joined: Oct 2000
Posts: 7,917
Lee County
R
RCHRR Offline
14 point
RCHRR  Offline
14 point
R
Joined: Oct 2000
Posts: 7,917
Lee County
Originally Posted by Geezer
We’re whites stole it from the Indians! You don’t have to sell😔

Why is it always where “Whites” stole it from the Indians? It’s called conquering and it has always happened since the beginning of time. It will also happen till the ends of time. Just a form of white guilt that started a many years back now. Liberalism/Wokeism at its birth.

Re: Foreign inverstors buying land [Re: 300gr] #3751716
09/22/22 07:52 PM
09/22/22 07:52 PM
Joined: Mar 2008
Posts: 26,346
Prattville, Alabama
Skullworks Offline
Freak of Nature
Skullworks  Offline
Freak of Nature
Joined: Mar 2008
Posts: 26,346
Prattville, Alabama
It should be illegal for a non-citizen to purchase property in this country.


"I'm not near as critical about how big they are as I once was. Smiles are more important now! We will grow more deer."
Jimmy G.
Re: Foreign inverstors buying land [Re: Skullworks] #3751719
09/22/22 07:58 PM
09/22/22 07:58 PM
Joined: Nov 2008
Posts: 10,678
Alabama
W
whack-n-stack Offline
Booner
whack-n-stack  Offline
Booner
W
Joined: Nov 2008
Posts: 10,678
Alabama
Originally Posted by Skullworks
It should be illegal for a non-citizen to purchase property in this country.


That’s where it gets tricky, incorporations are treated as their own entity, and if you have two US citizen shareholders and one non-citizen shareholder, then what do you do?

Re: Foreign inverstors buying land [Re: 300gr] #3751723
09/22/22 08:02 PM
09/22/22 08:02 PM
Joined: Jul 2020
Posts: 158
Cusseta, AL, USA
O
Ol Backwoods Boy Offline
3 point
Ol Backwoods Boy  Offline
3 point
O
Joined: Jul 2020
Posts: 158
Cusseta, AL, USA
Does anyone know how many acres there are Alabama? Just trying to think what kinda percentage that is

Re: Foreign inverstors buying land [Re: Ol Backwoods Boy] #3751733
09/22/22 08:13 PM
09/22/22 08:13 PM
Joined: Aug 2014
Posts: 14,362
Mobile, AL
S
SouthBamaSlayer Offline
Gary's Fluffer
SouthBamaSlayer  Offline
Gary's Fluffer
S
Joined: Aug 2014
Posts: 14,362
Mobile, AL
Originally Posted by Ol Backwoods Boy
Does anyone know how many acres there are Alabama? Just trying to think what kinda percentage that is

Bout 33.5 million.

Re: Foreign inverstors buying land [Re: 300gr] #3751737
09/22/22 08:17 PM
09/22/22 08:17 PM
Joined: Jul 2022
Posts: 419
Alabama
B
BDR1 Offline
4 point
BDR1  Offline
4 point
B
Joined: Jul 2022
Posts: 419
Alabama
Dang right these bunch of money hungry people will take the biggest offer.. IF OBAMMY HIMSELF OFFERED TO BUY THD FOR $5.00 MORE AN ACRE THEY WOULD SNATCH THE MONEY SO FAST IT WOULD PULL A KNOT IN HIS ASS

Re: Foreign inverstors buying land [Re: SouthBamaSlayer] #3751897
09/23/22 06:43 AM
09/23/22 06:43 AM
Joined: Jul 2020
Posts: 158
Cusseta, AL, USA
O
Ol Backwoods Boy Offline
3 point
Ol Backwoods Boy  Offline
3 point
O
Joined: Jul 2020
Posts: 158
Cusseta, AL, USA
Originally Posted by SouthBamaSlayer
Originally Posted by Ol Backwoods Boy
Does anyone know how many acres there are Alabama? Just trying to think what kinda percentage that is

Bout 33.5 million.

Thanks

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