Why invest in a property abroad, and why in Fiji?
An investment in a real estate property abroad is a best and smarter thing you can do with your money, while thinking for what to do with your hard earned money. Reasons for saying such is mentioned below
- Just like real estate anywhere, real estate overseas is a hard asset. Hard assets are the most sensible investment in class and best choice for storing value.
- Real estate overseas provides portfolio diversification- diversification of currency, market and asset type (apartment, land, hotel).
- Real estate overseas can be a holiday home in future, as you and your family can use them to enjoy the country or the city, by staying there.
So now if you are thinking to buy a property abroad, then the best place you can choose would be Fiji Islands. As the unique country in whole south pacific allows foreign ownership of the land.
Fiji is a country in the south pacific which consists of more than 300 picturesque islands. It is known for its rugged landscapes, palm lined beaches, coral reefs and clear lagoons. Scuba diving, Rafting, Surfing and Jet ski tours are some of the water sport which foreigners enjoy here.
Fiji has some restrictions against foreign ownership of vast majority of its land, thus foreigners before investing in lands or properties should know about land regulations that exist in Fiji.
There are three kinds of land in Fiji, they are Fiji freehold land, Native land and Crown land. Foreigners need to take permission from Fiji Trade and Investment board (FTIB) before owning such lands in Fiji.
If you are looking for a cheap property in Fiji, then it would best to consult a Fiji real estate agency. As they can provide you wide variety of real estate in Fiji, which includes Fiji villa for sales, houses for sales and even commercial properties.
Political and legal environment in Fiji even allows foreigners to buy almost any properties in Fiji, thus if you have appropriate funds, you can even buy Fiji resort homes in Suva capital of Fiji where properties are very costly. If you want more information on buying a property in Fiji.