The Argentine Supreme Court has ruled that restrictions on foreign purchases of land are no longer in effect, a decision that follows a controversial move by President Javier Milei in 2023. The original 2011 land law limited foreign ownership to 15% of the country's land, with further restrictions at the provincial and local levels. Milei, who took office in December 2023, quickly repealed this rule, arguing that it restricted market freedom. However, a court had paused this change in March 2024 after a group of veterans from the Falklands War filed a complaint. On Tuesday, the Supreme Court overturned that pause, stating the group was not legally allowed to file the complaint. While the court did not directly assess the merits of Milei's decision, the ruling means the change remains in effect. According to constitutional lawyer Andrés Gil Domínguez, the ruling means "any foreign individual or legal entity, or any foreign state, can buy all rural land wherever they wish – including in border areas – without any limits." The Falklands Islands Veterans Association (Cecim), which had filed the complaint, responded by saying the Supreme Court "has, as of September 29, put the Argentine Republic up for sale." Cecim reiterated its stance, saying, "The homeland is not for sale." Milei had attempted earlier this year to pass a new private property bill, which would have raised the foreign land ownership limit to 25% of the territory. However, faced with opposition and protests under the slogan "the homeland is not for sale," the government withdrew the proposed increase. The bill was never formally adopted by Parliament. With the Supreme Court's recent decision, Cecim believes the political challenge to Milei's agenda has been resolved. A report from late 2025 by the University of Buenos Aires and the Land Observatory, a group of researchers, estimated that nearly 5% of Argentine territory – an area roughly the size of England – is already owned by foreign entities. In some districts, the percentage of foreign-owned land had already surpassed the 15% limit set by the 2011 law, the report noted, with particular mention of areas that have water, mining, or logistical advantages such as ports.