Frequently Asked Questions

 

We know that purchasing in a foreign country can be confusing. Here are answers to some of the most commonly asked questions. If you’re looking for answers that aren’t included contact us and we can help out or point you to the relevant authorities.


- Can a non-resident purchase real estate property in Fiji?

Yes, non-residents can purchase real estate property in Fiji. However, freehold properties that are larger than one acre will require the consent from the Minister of Lands.

- What forms of real estate ownership are permitted in Fiji?

Ownership of real estate properties in Fiji can be an individual or more people. Companies and partnerships can acquire real estate properties in Fiji. Trusts and joint ventures can purchase real estate properties in Fiji as well.

- Can a non-resident sell his or her property to another non-resident purchaser?

Yes, non-residents can sell properties to another non-resident buyer. However, consent from the Minister of Lands should be acquired prior to dealing into a binding contract. An application should be submitted by each party to the Department of Lands for approval.

- Is VAT (Value Added Tax) payable when I purchase a new property?

VAT is payable when purchasing a new property. The seller encourages one to seek independent legal advice to ensure the responsibility of VAT in the Sale & Purchase Agreement.

- Is there stamp duty payable?

As per 2020/2021 budget, stamp duty is no longer applicable.

- Is there Capital Gains Tax in Fiji?

There is a 10% Capital Gains Tax in effect on profits from the sale of property in Fiji.

- Where do we go to obtain approvals to set up a business in Fiji?

All foreign investors wanting to set up a business in Fiji would require a Foreign Investment Registration Certificate from Investment Fiji in order to register a Company, Partnership etc.

- Where do we go to get a work permit?

Work permits can be obtained from the Department of Immigration given that all necessary requirements are satisfied.

- What is the expat lifestyle like in Fiji?

Unlike other countries, Fiji is more relaxed, as it is not as busy and crowded. The lifestyle is great and multicultural people reside in Fiji.

- What sort of activities are available while in Fiji?

There are many active and relaxing things to do in Fiji. These include activities such as swimming, snorkelling, sailing, surfing, fishing, golf, tennis, bowls, exploring, village visits, shopping and sightseeing to some of the beautiful islands of Fiji.

- Is broadband internet connection available in Fiji?

Yes, broadband internet is available in most locations around Fiji. Vodafone and Digicel now offer 4G wireless internet service covering most of the country.

- Can non-residents open a bank account in Fiji?

Most banks can open external accounts in Fiji for non-residents. This external account will enable you to transfer funds from overseas for your investment in Fiji.

Note: While the information above is deemed accurate, this website makes no warranty as to the accuracy of the information provided. Please consult a law firm and/or accountant before investing.

 Got more questions?

Contact us today and our helpful team will assist you.