August 21, 2014

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USDA Farm Service Agency Foreign Buyers Notification Print E-mail

The Agricultural Foreign Investment Disclosure Act (AFIDA) requires all foreign owners of  U.S. agriculture land to report their holdings to the Secretary of Agriculture. Foreign persons who have purchased or sold agricultural land in the county are required to report the transaction to FSA within 90 days of the sales closing. Failure to submit the AFIDA report could result in civil penalties of up to 25 percent of the fair market value of the property.

If you have any questions, please call (859) 654-3374.