MONROE - Teresa R. Zimmer, county executive director of the Green County Farm Service Agency informs foreign investors who buy, sell or hold a director or indirect interest in agricultural lands in the United States that they are required under the Agricultural Foreign Investment Disclosure Act to report their holdings and transactions to the U.S. Secretary of Agriculture.
The Agricultural Foreign Investment Act became effective on Feb. 2, 1979, and requires any foreign person who acquires or transfers any interest other than a security interest in agricultural and to report the transaction to FSA within 90 days of the sale or purchase.
The Secretary of Agriculture designated the Farm Service Agency to collect the reports which are to be submitted on form FSA-153, Agricultural Foreign Investment Disclosure Act Report.
An FSA-153 form can be obtained from the Green County FSA office or downloaded from: http://forms.sc.egov.usda.gov/efcommon/eFileServices/Forms/FSA0153_010524V02.pdf.
The Agricultural Foreign Investment Act became effective on Feb. 2, 1979, and requires any foreign person who acquires or transfers any interest other than a security interest in agricultural and to report the transaction to FSA within 90 days of the sale or purchase.
The Secretary of Agriculture designated the Farm Service Agency to collect the reports which are to be submitted on form FSA-153, Agricultural Foreign Investment Disclosure Act Report.
An FSA-153 form can be obtained from the Green County FSA office or downloaded from: http://forms.sc.egov.usda.gov/efcommon/eFileServices/Forms/FSA0153_010524V02.pdf.
