A VFR is an individual who has served on active duty in the United States Army, Navy, Marine Corps, Air Force, and Coast Guard, including the reserve components, was discharged or released under conditions other than dishonorable, and qualifies under any of the following:
- Has not operated a farm or ranch;
- Has operated a farm or ranch for not more than 5 years; or
- Is a veteran who has first obtained status as a veteran during the most recent 5-year period, even if that veteran has previously operated a farm or ranch for more than 5 years.
Business entities, other than an individual, may be eligible for veteran farmer or rancher benefits if all substantial beneficial interest holders qualify individually as a VFR. A spouse’s veteran status does not impact whether a person (comprised only of the veteran and their spouse) is considered a veteran farmer or rancher.