The Sundance Grand Jury Prize winning duo will shoot the film in autumn 2007 in California.
The film is slated to be ready for Cannes next year. The story surrounds a wealthy American man in his 40s who orders a Russian bride.
Memento is represented by France's BackUp Films which is handling international financing on the project. Memento, which also distributed Quinceanera in France, will release Sunland locally and is set to handle international sales.
Rather than head to a studio after the success of Quinceanera , the directing pair will 'retain freedom in the writing process by turning towards Europe,' notes BackUp principal Olivier Aknin