New Delhi: With investors keen on acquiring land abroad for agriculture and mining, the government has taken the first step to smoothen land acquisitions in Latin American countries. Indian missions in the region have posted a handbook detailing various aspects of land acquisition on their websites.
The handbook, prepared by industry body Assocham, provides information on various land policies and laws in 10 LatAm countries, including Brazil, Argentina, Costa Rica, Venezuela, Colombia, Peru, Panama, Ecudor and Trinidad & Tobago. The handbook has drawn on inputs provided by Indian ministries and the data collated from various missions and embassies located here.
Inviting investors to Costa Rica, minister of foreign trade Anabel Gonzalez told FE: “Costa Rica offers interesting opportunities for Indian investors seeking to acquire property for agriculture and tourism projects. In fact, the government has a website which outlines the policies and laws for acquiring land in the country.”