A. FOREIGN INVESTMENT LAW
Foreign investors enjoy the same rights and have the same duties
as domestic investors when investing in financial or productive
activities.
Generally, Argentine Law does not set any restrictions or
prohibitions on foreign investments. Where there are no
restrictions, no prior government approval is required beyond that
applicable to any domestic or foreign investor in each activity.
Certain industries (e.g., banking, media) do require reciprocity as
a condition for foreigners to invest. In certain other industries
(publishing, internet and related) foreign companies cannot own
more than 30% of the stock of a company. Rural land can be owned by
foreigners although some restrictions and limitations apply for
certain areas. Foreigners can own land in bordering zones subject
to prior approval.
