Do you want to purchase real estate properties and become a resident in Fiji? If yes, you’re not alone. Fiji, the beautiful country situated in Southern Pacific Ocean, invites from different regions to settle in the country. There can’t be a perfect destination for people looking to escape city blues and seeking a peaceful life with family members. Abundant sightseeing, hill station, tropical forests, and turquoise water surrounding the islands attract peace-loving people. Additionally, Fijian are exceptionally happy, welcoming, playful, and musical. Living amidst the happiest folks on the Earth is a wonderful feeling.
Key Facts About Real Estate of Fiji
The real estate industry of Fiji has grown impressively over the last decades after returning to democracy. Investments can be made up to 49% in collaboration with a local real estate company. Fijian parliament has passed a new law prohibiting the purchase of properties from cities by foreigners. But remote areas are ideal for making resorts and beautiful homes. A Fiji real estate agency needs to be hired to help in buying a land or purchasing the desired home. Look for freehold land to get ownership security and get help in processing the title deeds for registration. Take permission from the Ministry of Land to avoid legal hassles later. You need to pay 10% as stamp duty and 15% VAT while processing the property to the government. Buying of properties is still straightforward and cheap but needs more than 60 days in processing a single transaction.
Buy a Luxurious Villa
Relocating to Fiji is an ideal option for people looking to lead a peaceful life. You can either build a house buying a freehold land or buy a built house, but it is too expensive sometimes. Special resort-homes, villas, luxurious apartments are up for sales in the country. Fiji villa sales offer a special opportunity to people to search and buy a luxury house to live in the country. Villas are furnished with modern amenities and furniture needed to lead a healthy life. Contact our real estate experts to get help in buying your dream property in Fiji.