This letter highlights an important amendment to the Land Sales Act introduced in the recent Fijian Government budget.
However there have been amendments made to this rule, which are:
Please note that this bill has created quite a few uncertainties in respect of land and property ownership and we expect on-going clarifications to be made by the Government. However, we can also see the positive side with new developments happening around the place and few more new properties becoming available for sale which will benefit the locals and foreigners as well that are willing to do developments.
Should you have any questions in relation to this please do not hesitate to contact us via email resorthomes@connect.com.fj / rwbs@connect.com.fj or call us on +679 345 0034.