Fiji land laws imposed on foreign owners

06:03 am on 19 December 2016

A Fiji economics professor says the imposition of retrospective laws on foreign landowners sends a signal that Fiji is not a safe place to invest.

But a real estate agent says Fiji is open for business and the changes will help weed out offshore speculators who did little to assist development.

Jo O'Brien reports.

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Hefty fines or imprisonment are possible under retrospective laws on foreign landowners if they do not build a house worth $US120,000 within two years. Photo: RNZI / Johnny Blades