Can foreigner buy property in Fiji?
Freehold tenure is the only land available for outright purchase or investment by foreigners or foreign entities in Fiji. Freehold land in Fiji only makes up 8% of all land. Fiji’s Land Sales (Amendment) Act 2014 sets out the latest provisions for non-resident Freehold owners.
How can I buy a house in Fiji?
- have a total household income of $100,000 or less.
- be a Fijian citizen.
- be above the age of 18.
- have never previously purchased a home.
What type of housing is in Fiji?
Fijian traditional housing is often referred as vale vaka-viti (Fijian’s house) or bure in present days, although originally bure meant men’s house. This type of house is still found in large numbers throughout the country, with a great variety of shapes, architectural styles and materials used.
Are houses expensive in Fiji?
There are entire islands for sale for around US$1 million. Apartments and flats rent for around US$250 to US$350 per month, while luxury flats and homes can rent for US$3,500.
Where is the best place to live in Fiji?
Best Place to Stay in Fiji for …
- Best Region in Fiji for Markets: Suva.
- Best Region in Fiji for Families: Sunset Strip, Viti Levu Island.
- Best Region in Fiji for Vibe & Culture: Vanua Leva Island.
- Best Region in Fiji for Weather: Mamanuca Islands.
- Best Region in Fiji for Romantic Holidays: Mamanuca Islands.
How much is the deposit for the house in Fiji?
Minimum deposit of 10% is required. FNPF funds could be used. The Commitment ratio should be 30% if total income is less than $25k or 35% if the income exceeds $25k.
How much does it cost to build a double storey house in Fiji?
As a very rough starting point for Fiji, $1,500m2 is very cheap, $2,000-2,500m2 is more usual and then anything from $3,000m2 and up is more consistent with bespoke designed houses.
How do I buy land in Fiji?
Commercial properties that are freehold can be bought by non-Fiji citizens in urban areas with the consent of the relevant Minister. If purchasing vacant freehold land non-citizens are required to build a new home on the land costing no less than FJD $250,000 within 2 years of purchasing the property.