Canadian Farmland: The Best Investment of them All?

Posted by Rick Ackerman

Share on Facebook

Tweet on Twitter

Screen shot 2012-02-17 at 2.38.52 PM

Screen shot 2012-02-17 at 2.38.52 PM

A Primer for Investing in Canadian Farmland.

“Put your money in land, because they aren’t making any more of it!” – Will Rogers.  When I think about burying some serious money for the long run, I think of farmland.  I’m very bullish on Canadian farmland. My reasons: 1) Canadian farmland is very productive; 2) low cost on a global basis; 3) Canada is a stable country with a very adequate supply of water, energy and fertilizer; and 4) even the weather is cooperative as its growing season gets a little longer each year.

Some of Rick’s readers ask for more details. When ever you invest in land as a non-resident, you need to check the local laws.  For example, when I was a farm realtor I had a group of Italians interested in buying a 2000-acre farm in Illinois.  Now Illinois has a law prohibiting non-resident aliens from owning farmland.  But it doesn’t prohibit corporations from buying farmland.  So, we created a corporation and bought the farm.

How does this apply to buying a Canadian farm? 

 

…..read more HERE