Many people prefer to buy properties abroad rather than buying in their own country. Benefits of buying a property abroad are finding top quality properties at a lower rate. Before buying a property abroad, few things need to consider like affordability, location, weather condition, and suitability of that place. If you’re planning a property in an island country, there can’t be a better choice than Fiji.
Fiji is an island nation consisting of 333 picture perfect islands tucked away islands in the south Pacific Ocean. The country is near to Australia and New Zealand. Viti Levu and Vanua Levu are the two big islands of Fiji and are home for most of the country’s population.
Fiji is the only country in South Pacific Ocean that allows foreign ownership of the land. It provides opportunities to foreigners to own properties and reside there. To buy a property or land, one need to contact with a Fiji real estate agency as per new law of the land. Real estate experts have knowledge about properties and law of the land to enhance the process of buying in Fiji. Apart from that, foreign buyers must have the permission of Fiji trade and investment board (FTIB) while buying properties.
There are three types of lands in Fiji: Freehold (can be bought and sold freely), Native land (can be taken on lease but can’t be owned), Crown land (owned by Fiji Government). Approximately 9% of the land falls under freehold and can be owned here. Fiji land sales is a top place to find land plots to build homes according to requirement. Foreign buyers need to follow the Torrens title land-registration system after which they can become the owner of the property. In addition to it, permission is needed from Ministry of Land to buy more than half an acre land.
Fiji is always open to foreign investors and attracted investment from different regions. The country’s legislation allows owning properties to foreigners. Buy properties from property for sale in Fiji to find your suited lands and houses at affordable prices. If you’re serious about buying properties in Fiji, hire our real estate agency and experts to buy properties in Fiji quickly.