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Fijian here. As of a year ago, foreigners are no longer permitted to buy residential properties within town boundaries. Outside of town boundaries, they can bu
by markdown 11y ago
Fijian here. As of a year ago, foreigners are no longer permitted to buy residential properties within town boundaries.
Outside of town boundaries, they can buy residential property but must build on it within 2 years, spending at least USD$125k on the home. Failure to do so attracts a penalty of 20%(off the top of my head) of the value of the property annually.
The chinese were just buying up too much property and locals couldn't compete.