Foreign investors buying land

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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 OP 8 point
300gr 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 10 point
dagwood 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 8 point
GrandSlam 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 Booner
AU7MM08 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 8 point
Treelimb 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 Freak of Nature
James 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: 72,724 Luverne, AL Skinny GUVNER
Skinny GUVNER Joined: Aug 2001 Posts: 72,724 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 12 point
Geezer 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: 8,966 Chelsea L Lockjaw 14 point
Lockjaw 14 point L Joined: Jul 2020 Posts: 8,966 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 4 point
cuztoshaw 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 4 point
Chiller 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 Freak of Nature
Remington270 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 6 point
GHTiger10 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 14 point
RCHRR 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 Freak of Nature
Skullworks 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 Booner
whack-n-stack 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 3 point
Ol Backwoods Boy 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 Gary's Fluffer
SouthBamaSlayer 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 4 point
BDR1 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 3 point
Ol Backwoods Boy 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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