Have you chosen Fiji for relocation? If yes, you’ve chosen the right place to relocate and enjoy living amidst natural sceneries. Fiji has got everything you can ask for an ideal holiday destination. Natural sightseeing, beautiful landscapes, turquoise, white sand beaches, and tropical forests for nature lovers. Islands have been developed into private resorts for the tourists to enjoy the special holiday with their loved ones.
Settling in Fiji, you can enjoy living amidst the natural sceneries and perform the adrenaline rush activities throughout the year. An authorised Fiji real estate agency is required to offer guidance and help in buying properties quickly.
Let us look at the key facts that you should know before buying properties in the country.
1.Fiji Real Estate
The real estate industry of Fiji has grown rapidly after returning of democracy in the country. It is estimated it has grown over a 100% and created investment opportunities for foreign firms. You can make an investment in the real estate industry up to 49% in collaboration with local companies.
2. Amendment in Fiji Sales Act 2014
Fijian parliament has amended their existing land sales to check the increasing property prices in the country. Owning of property from cities is prohibited for the cities. Fiji Freehold is the best option to buy from the remote areas and tourists places. Native Trust land and Crown land can be purchased on the lease but can’t be owned permanently.
3. Requirement of Work Permit or Residency Visa
Foreigners need a temporary work permit or residency visa to be eligible for buying properties in Fiji. Take permission from the Ministry of Land Fiji to buy more than acre of land. It is an important step legalising your purchase and gets registration from the state paying 10% stamp duties.
4. Hire Reliable Real Estate Firms
Foreigners often get into legal troubles buying disputed lands or properties in Fiji. It is necessary to make sure that property is free from legal issues, caveat, mortgages, and loans.
Fiji has become an ideal destination relocate for nature lovers. Fiji villa sales are perfect for individual looking for a luxury life with modern facilities in the home. Contact us to buy real estate properties at affordable prices in the market.