In Illinois, foreign investors control 2.6% of agricultural land. The Illinois Agricultural Foreign Investment Disclosure Act requires a foreign person or corporation that buys agricultural land in Illinois to report the purchase to the Director of Agriculture within 90 days or pay a stiff fine.
Another way to look at this article is over 97% of Illinois farmland is owned by U.S. citizens and corporations. Clearly this “security issue” is Much Ado about Nothing.
Another way to look at this article is over 97% of Illinois farmland is owned by U.S. citizens and corporations. Clearly this “security issue” is Much Ado about Nothing.
YOU will own nothing.