What Should You Know Before Owning a Property in Fiji?
For some, buying a property is a dream for them. Buying, selling or owning property in your own country is something that cannot be done easily. To take such an important financial investment decision requires planning and research, if the final aim is to purchase a property with minimum loss. However, buying a property or a house overseas where you are not familiar with laws, customs, and culture requires more researches. Therefore, whether you’re looking to buy a property or make investment through real estate agency, it is necessary to know the process, legal issues and others hurdles involved.
Similarly, if you are planning to buy a property in Fiji, you must be aware of properties that can be owned easily. To get such information, you can contact a Fiji real estate agency. Such agencies can help you to find your dream home, villas, resorts, hotels, and restaurants. The hired agency needs to be authorized with Fijian government and following the set rules for real estate industry.
Fiji is a tropical paradise located in the heart of South Pacific, an archipelago of 333 islands. It is close to New Zealand and Australia. Scuba Diving, Jet ski tours, surfing, rafting, & kayaking are some of the adventurous sports played in the country.
Fiji land sales are self-governing and approximately 9% of lands are available for purchase. There are three types of lands in Fiji:
- Free hold property: These lands can be bought and sold in Fiji freely.
- Native trust land: These lands can be leased but cannot be owned, and are managed by TLTB (Taukei Land Trust Board)
- Crown land: Owned by government, thus can only be leased by government.
Foreigner ownership of property in Fiji is restricted, thus lands here cannot be acquired without a residence or work permit. In addition to this, foreign owner must take the permission of Fiji Trade and Investment board (FIJI) before owning a property.
Properties for sale in Fiji is open to foreign investors, as the countries land rules allows them to buy almost any property in Fiji. So, if you want to buy a property, this is an ideal place to find your desired house quickly. Contact our real estate experts to take help in buying properties in Fiji at affordable prices now.