Find Property and Real Estate expertise in Kiribati

The government of Kiribati owns about two thirds of the land area, most of which is in the Line and Phoenix groups. Foreigners cannot buy land in Kiribati; however, for investment purposes land can be leased on a long-term basis. The Lands Management Division of the Ministry of Home Affairs and Rural Development handles all enquiries and approvals for government land. Foreign investors may enter into direct negotiations with private landowners on the terms and conditions for leasing. However, where the term of the lease is more than 21 years, the consent of the Minister of Home Affairs and Rural Development must be sought before the lease agreement is concluded. Agent activity is slowly increasing as the industry gradually matures; but is obviously limited by the widespread state-ownership of land.