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A Primer To Buy Real Estate Properties In Fiji

By Author: Lalit
Total Articles: 202

Fiji is a beautiful country present in the South of the Pacific Ocean. The island country has about 330 islands but most of them are not habitable or sparsely populated. Presence of marine weather, pristine marine sceneries, dangling coconut trees upon blue lagoons, and tropic rain forest make an ideal place for nature lovers. River rafting, snorkeling, scuba diving, and other adventure activities are available in the island country for lovers. Presence of peace loving locals and organic vegetable make Fiji a great place to live in. Perhaps, these are the reasons that Fijians are considered the happiest people on Earth.

Fiji is offering a grand opportunity for foreigners to build their home or invest in growing real estate industry. But, it is essential for the “haven buyers” (name for foreign buyers) to follow and know certain rules set by the government. Here is a guide that needs to be followed while buying properties in Fiji.

After restoration of democracy in Fiji, the real estate industry is growing rapidly now. Investments are following in from different regions of the world now. The real estate industry is now regulated and enforced with more transparent rules for investors and buyers. The government has made it compulsory to comply with the set rules for buyers and agencies. To attract buyers, Fijian government is offering 3-year renewable visa for foreigners looking for permanent residency. Fiji real estate is attracting lots of investments and foreigners to make it a permanent residency. It is the cheapest and easiest place to buy properties unlike other places around the globe. This is why a lot of people are making Fiji second home or investments in real estate to earn profits. But, it is essential to hire an authorized agency in buying or making investments to avoid legal hassles.

Buying a land plot is the best option to build a desired home. Before buying a land plot, it is essential to look at the terms and conditions attached with it. There are three types of land presence in Fiji as native trust land, crown land, and freehold. Foreigners need to find freehold lands to buy, sell and use according to preference later. Make sure there is no caveat, mortgages or legal issues attached with the land to avoid legal problems later. Hire real estate agencies, find property for sale in Fiji to get security and assistance in increasing the buying process. It is essential to get permission from ministry of land before buying a land more than an acre. To know all the rules, it is essential to hire an authorized real estate agency there.

Fiji government passed a rule prohibiting foreigners from buying properties in cities. But, there are enough lands in remote and tourist sites that can be bought for building a home, resort, hotel or any other purposes. There are luxurious homes, undeveloped islands, villas, beach-front house, and other properties are at sale in the country. Fiji property sales is the right place to know all these deals and grab the fair one hiring an expert agency. If you’re seriously thinking of buying a home or invest in properties, hire our real estate experts now.

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