21 September 2009

Property in Papua New Guinea

Papua New Guinea is a country located north of Australia. Although the country is relatively remote, it's one of the best places in the world for a holiday. It's an island paradise that doesn't have the commercialism as many of the services and amenities are offered by the locals. Beaches, caves, mountains and other beautiful natural setting can be found here.
The country is actually a little bit odd in its tourism. While it's vastly acknowledged that the country offers some of the best natural settings in the world, there are no aggressive advertisements about the country. The tourism industry is practically gaining visitors based on its reputation and word of mouth. Those that have experienced Papua New Guinea will certainly attest to the wonderful experience.

Getting to Papua New Guinea is a little bit challenging. In fact, transportation might be your biggest problem in the country. The only way to get to the country is via air and you will arrive in Port Moresby, the country's capital. A good way to get around the country is still through small planes. You can even pamper yourself with a private fly.

Because of the hidden beauty of Papua New Guinea, the investment opportunity for properties in these islands is still big. Just be sure to prepare yourself for paperwork because the government set-up for foreigners purchasing properties is not clear. Since most of the land is under state lease (only 3% are privately owned), you'll most likely rent a property but under a very long term. If you really want to purchase a property in Papua New Guinea, its best that you find someone you know in the area or establish contacts to real estate agents in the country.

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