U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) Executive Director Tom Schneider of the Calumet, Manitowoc, and Sheboygan County FSA offices reminds foreign investors with an interest in agricultural lands in the United States that they are required to report their land holdings and transactions to USDA.
The Agricultural Foreign Investment Disclosure Act (AFIDA) requires foreign investors who buy, sell or hold any interest in U.S. agricultural land to report their holdings and transactions to the USDA.
Foreign investors must file AFIDA Report Form FSA-153 with the FSA county office in the county where the land is located. According to the CFR Title 7 Part 781, any foreign person who holds an interest in U.S. agricultural land is required to report their holdings no later than 90 days after the date of the transaction.
For more information regarding AFIDA or FSA programs, contact the Calumet office at 920-849-3570, the Manitowoc office at 920-683-5119, or the Sheboygan office at 920-467-9917, or visit farmers.gov.
