⚖️ Supreme Court reinstates the law that limits the sale of land to foreigners

The Court suspended the decree that eliminated restrictions and referred a precautionary measure to the Federal Court of Bariloche
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📌 SEO SUMMARY: The Supreme Court of Justice of the Nation provisionally suspended the effects of article 154 of DNU 70/2023 and reinstated the limits on the purchase of rural land by foreigners while the Federal Court of Bariloche analyzes the merits of the claim.

📰 Development of the news

The Supreme Court of Justice of the Nation issued an interim precautionary measure that puts back into force the restrictions provided for by Law 26,737 on the acquisition of rural land by foreign citizens and companies. The decision provisionally suspends the effects of Article 154 of DNU 70/2023, promoted by the national government, which had repealed that regulation.

The ruling was signed by Horacio Rosatti, Ricardo Lorenzetti and co-judges Diego Barroetaveña and Juan Ignacio Pérez Curci. Carlos Rosenkrantz voted in partial dissent. The resolution does not settle the discussion on the constitutionality of the decree, but seeks to preserve effective judicial protection until pending issues are resolved.

The case was promoted by the environmental association Árbol de Pie, native communities and the leader of Río Negro Magdalena Odarda. The plaintiffs maintain that the repeal of the Land Law could affect collective and territorial environmental rights.

As an immediate consequence, the limits established by the legislation are once again applied, including the cap on foreign participation on rural land and restrictions on sensitive areas from the environmental, water and border point of view.

The Court returned the file to the Federal Court of Bariloche, which must determine the legitimacy of the plaintiffs and analyze the precautionary measure requested. Until then, the restrictions will remain in force provisionally.

📊 Keys to the ruling

Temporarily reinstates the Rural Land Law.

It suspends the effects of article 154 of DNU 70/2023.

The decision is precautionary and not final.

The file returns to the Federal Court of Bariloche.

Restrictions on the purchase of land by foreigners remain in place while the process continues.

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