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Farm/Ranch For Sale in Colombia Massive Ranch That Is Perfect For Crop Production And Cattle Asking Price: $16,125,000 USD (Negotiable) Hato Caño Rico At-A-Glance Location:
The Republic of Colombia,
in the Department of Arauca
Size:
43,028 hectares (106,324.503 acres)
166.132 square miles
Estates:
Caño Rico La Cañada
La Albania La Cabaña
El Oasis Matasola
Local Resources:
• Nearby oil production
• Cattle farming
• Lush native vegetation
Price:
$16,125,000
US Dollars
The Land
Hato Caño Rico is an investor’s delight.
Located in Arauca, Colombia, the 166.132 mi2
cattle ranch is adjacent to the country’s second
largest oilfield, Caño Limòn.
Thirty percent of Colombia’s oil is produced in
Caño Limòn, and crude oil transported and
exported through the local pipeline represents a
third of the nation’s export income.
In addition to the oil production potential,
Arauca’s Hato Caño Rico contains dozens of
varieties of indigenous fauna that cannot be
found anywhere else on earth.
Water from the nearby Caño Rico and El Ocaso
Rivers sustains the diverse vegetation of the
region.
On a broader scale, Colombia is the only South
American country with coastlines on both the
North Pacific Ocean and the Caribbean Sea.
The ranch is flat and over 80% cleared.
Bordered 2/3 by rivers perfect for irrigation
of crops.
The Economy
Since its establishment on December 4, 1780,
Arauca’s business largely has been the raising of
cattle.
The Colombian cattle industry grew in the late
1980’s from the sole manufacture of meat and
dairy products to the successful production of
leather. At the time, there were more than
150,000 cattle ranches, two-thirds of which
were less than 250 hectares in size, making
Hato Caño Rico one of the country’s largest
ranches.
In the 1980s, Colombia ranked fourth among
Latin American countries in cattle raising, with
an average annual herd size of 20 to 24 million
cattle.
Today, Colombia is a competitive producer of
petroleum, natural gas, coal, iron ore, nickel,
gold, copper and emeralds. As of late June
2006, one U.S. dollar was equal to 2,610.50
Colombian pesos.
Colombia’s economic clout only continues
to grow. The country’s President, Álvaro Uribe
Vélez continues to institute his aggressive economic
policies, which include securing loans,
cutting expenses, continuing debt payments
and privatizing public companies. These measures
have reduced inflation and the size of the
country’s deficit, according to analysts from the
World Bank.
As a result of his winning leadership, President
Uribe has enjoyed one of the highest approval
ratings of all Latin American leaders since his
election in 2002. In 2006 a landslide vote extended his
term for another four years.
FOREIGN INVESTORS IN ARAUCA
FOREIGN INVESTORS SECURITY
The Colombian legislation regarding foreign investment is based of four main principles which offer security for the investors in the country.
The first principle refers to the EQUAL TREATMENT. According to it, foreign investments are treated the same as national investments. Therefore, the imposition of discriminatory conditions or treatments that may imply more favourable conditions for foreign investments are not admitted.
UNIVERSALITY, on the other hand, states that foreign investment is welcome in all sectors of the economy, except some cases which are specifically excluded by law.
Foreign investment in Colombia has an AUTOMATIC NATURE. Without prejudice to the standing prohibition against foreign investment in the above-mentioned sectors and activities, foreign investors are authorized to invest in all other sectors of the Colombian economy. Investments in the financial sector require the prior authorization of the Banking Superintendence. Investments in the hydrocarbon and mining sector as well as portfolio investments are subject to a special regime for which investors must normally apply. This area will be dealt with in more detail later on in this chapter.
One of the main purposes of the national regulation concerning foreign investment is the enforcement of the STABILITY principle, which materializes as follows: Investment reimbursement and profit remittance conditions in force on the date on which investments are registered may not be modified in any way that may be detrimental to the investor.
In year 2005, the Colombian Congress approved Law number 963, which established the stability agreements regime. The Colombian law included this type of agreements with the purpose of guaranteeing investors the permanence of the legal conditions prevailing at the time of making the investment. Such agreements identify several rules as determining factors for the investment, and guarantee that if any of these are adversely amended, the investors will be entitled to continue to be governed by the previous regulation during the life of the agreement (between 3 and 20 years).
TAX BENEFITS
In Colombia the tax income is 33% but there are national tax incentives that apply to the various sectors of the economy.
The main to other countries as well as to domestic markets and exports from FTZs benefit from international trade agreements.
In order to qualify, to the Free Trade Zone status the individual company must make a new investment of at least US$ 16 million or generate 500 direct or outsourced jobs.
Exempt tax for the Agricultural sector
There is an exempt income for the exploitation of new crops, planted between 2003 and 2013, including oil palm, rubber, cocoa, citric trees and all other late-yield fruit trees whose production is intended for export.
Also the agricultural sector has two income-deductible expenses. The first deductions is for new investments in reforestation, olive, cocoa, coconut, oil seed palm, rubber and fruit tree plantations, irrigation and drainage works, deep wells and silos. This deduction is limited to 10% of the taxpayer’s net income. The second deduction is for investments in shares of agricultural and livestock companies, provided such investments don’t exceed 1% of the taxpayer’s net taxable income.
Hand over, there is a Value Added Tax discounts for the Items that encourage productive activities, such as the importation of heavy machinery for basic industries.
Arauca Security
To obtain the data of security in Arauca, it’s mandatory to contact the competitive entity in the subject that is the office bureau of Arauca. The web page is . tax benefits are the following, 40% of the amount of investments made only in fixed immovable and productive assets acquired and 100% of the industry & commerce sign & billboard, and property taxes paid, provided they are paid during the corresponding tax year and that they are directly related to the taxpayer’s economic activity.
Free trade zone
The Free Trade Zone offers the legal benefits such as a single 15% income tax rate, no customs taxes (VAT or customs duties) accrue on imports to FTZs, the possibility of exporting from FTZs
 | | About This Property | |
| Category: | | Farms/Ranches | | Address: | | Colombia | | For Sale By: | | Owner | | Construction Year: | | n/a | | Area: | | 43,028 Hectares | | | Bedrooms: | | n/a | | Bathrooms: | | n/a | | Sleeps: | | n/a | | Stories: | | n/a | | Parking Spaces: | | n/a | |
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