Things to consider before buying a property in Fiji
Many people prefer to invest in a real estate property or buy a house abroad, rather than buying in their own country. The reason could be the, higher value of money in many foreign countries, availab...
Many people prefer to invest in a real estate property or buy a house abroad, rather than buying in their own country. The reason could be the, higher value of money in many foreign countries, availability of luxurious house in abroad countries at a cheaper rate or to get a house at their desired location they wish etc.
But before buying a property abroad they must ask themselves few questions, such as
In a similar way if they are planning to buy property in Fiji Islands they must consider many such things, as property for sale in Fiji for foreigners is restricted. Foreigners cannot buy or rent a property wherever they wish in Fiji. They can only buy certain lands that are meant for buying and selling by foreign peoples.
Fiji compromises of 333 picture perfect islands tucked away in the south pacific, close to Australia and New Zealand. People live in most of these islands, but some them are untouched by peoples and are inhabited jewels of these pacific islands. Fiji is considered as the real heaven of South Pacific as it has gorgeous weather whole year. Every year tourists come here to visit the pure white beaches, crystal clear turquoise ocean and enjoy water sports like scuba diving, surfing, rafting and kayaking etc.
Thus because of such qualities people opt to buy lands in Fiji. So if you wish to buy a property near these beautiful tropical islands and don’t have any idea about the legal rules, then you can contact a good Fiji real estate agency for help. They can help you in finding wide variety of real estate properties in Fiji, which includes villas, houses, land and commercial properties. They can make you aware of such properties which are cheap and affordable, with availabilities of cafes, restaurants and shopping centers.
Fiji is the only country in entire South Pacific which allows foreign ownership of land. There are three types of land in Fiji, they are free hold land, native lease land and crown lease land.
Free hold lands are those lands that can be bought and sold freely in most areas of Fiji. Native lease land are those land which can be leased but cannot be owned, and crown lands are such lands which are owned by Fiji government and can only be leased directly by them.
Fiji property sales are always open for foreign individuals. They just need to take permission from Fiji Trade and Investment Board(FTIB), after which they are free to buy almost any property or land in Fiji. So now if they have sufficient amount with them, they can even plan to buy an island in Fiji.
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ABOUT THE AUTHOR
Author is a content writer at Splashsys Webtech. In this article he mentioned about things to be considered before buying a property abroad, and about Fiji property and land sales.