According to veteran investor Jim Rogers, agriculture is the investment of the next three years, as the world comes to grips with a growing population and food shortages.
This is good news for UK farmers and landowners as the value of UK farmland has grown 176% in the past decade and 7% in the past yearowing to a shortage of supply. There is speculation that values could may well double before the ned of the decade.
Good quality arable land in East Anglia is between £4,000 - £7,000 per acre which is 50% more expensive than equivalent land in Eastern Europe and France. Land in Ireland and Denmark on the otherhand is 50% more expensive.
High net work individuals are showing significant interest in land due to the various tax reliefs which are available that may enable them to shelter from the imminent tax rises. The three big taxes are income tax, inheritance tax (IHT) and capital gains tax (CGT).