Are you planning to buy properties in Fiji? If yes, it is essential to know certain things about the real estate industry of Fiji. The Fiji parliament has amended the Land Sales Act in 2014 to prevent the selling of properties from the cities to foreigners. It is essential to be aware of the rules to avoid legal issues after buying the properties in the island country. You need a work visa permit or temporary residence visa to be eligible to purchase properties. Owning of properties is prohibited for foreigners from the cities as these are reserved for the local population. Hence it is necessary to know the Fiji real estate industry well before deciding to buy properties in the country. It is a significant step for the foreigners to avoid legal issues later.
Buy Freehold Land in Fiji
Fiji is an archipelago consisting of 333 islands, but only 110 islands are suitable for habitation. It has become an ideal destination for foreigners to settle in the country permanently to escape city blues.
There are three types of lands available in the country: Crown land, native trust land, and freehold. The first two lands can be bought on lease from the government. Fiji Freehold is the best option for land to own permanently and use as per the requirement. There is only 8% of the total area that comes under freehold of the entire area. Hire an authorised real estate agency to help in finding suitable lands with no legal issues are attached.
Reasons to Buy Villas in Fiji
Finding a beachfront home and resorts are comfortable in Fiji. Several real estate firms are offering properties to foreigners in the country. But it is more economical to build a house buying land than a buying a built home. Fiji villa sales are offering excellent opportunity to find the luxurious home furnished with swimming pool and modern amenities. Villas are right for people seeking modern lifestyle in life. Contact us to buy real estate properties in Fiji at attractive prices quickly.