"Hi Greg
I learned of this Fijian language website on this site a while back - I'm determined to "have a go" myself but have yet to get started - it looks like it's worth a try at least. Good…"
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William L. Pettigrew
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William L. Pettigrew's Discussions
New Capitol Gains Tax-residents or not!
9 Replies
On May 1, 2011 the Fiji government implemented a new Capitol Gains Tax regime, 10% tax on all gains, even if you are a non-resident. We recently sold our home in Savusavu due to the economic…Continue
Started this discussion. Last reply by Marilyn Marsh Feb 5, 2012.
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Greg Stahl replied to William L. Pettigrew's discussion New Capitol Gains Tax-residents or not!"Bula Rob,
I used Cromptons in Suva. Very professional and quick to answer emails from half way around the world.
Yes, I believe I'll have to move their to build, but trying to find a rental from here is tough. I've been…"
Robert F. Kay replied to William L. Pettigrew's discussion New Capitol Gains Tax-residents or not!"Bula Greg,
Thanks for the update. Just out of curiosity, which law firm did you use?
The next phase will be a challenge. You'd best be there when they build. Maybe wait till you have the time.
best of luck
Rob"
Greg Stahl replied to William L. Pettigrew's discussion New Capitol Gains Tax-residents or not!"Bula,
I just purchased property (9 acres) on the Coral Coast and the process went smoothly, but does take a lot of time to get all the stamps and paperwork completed. The attorney that I used was in Suva and the firm knows what they are doing…"
Robert F. Kay replied to William L. Pettigrew's discussion New Capitol Gains Tax-residents or not!"Hi Joycelynn,
Thanks for the comments. As you may know I have a real estate page on the site that needs to be developed a bit more. See http://www.fijiguide.com/page/real-estate If you haven't seen it, it may be…"
Joycelynn Tan replied to William L. Pettigrew's discussion New Capitol Gains Tax-residents or not!"Robert and Bill - yes, having trustworthy real estate listings and advice would be tremendously helpful! I myself, would also love a "tip" section of things to know when purchasing and selling property in…"
Robert F. Kay replied to William L. Pettigrew's discussion New Capitol Gains Tax-residents or not!"Bill, thanks for getting back to me. This is really priceless advice and I'll have to figure out at a way to incorporate you comments into the website. It's always good to know a competent and honest attorney when you need…"
William L. Pettigrew replied to William L. Pettigrew's discussion New Capitol Gains Tax-residents or not!"Rob, Sorry for the extended delay in answering your question! Yes, I would have no problem advising someone to buy a home in Fiji! Beautifull country, beautifull people, lousy government.....sounds like home to me! However, I would…"
Robert F. Kay replied to William L. Pettigrew's discussion New Capitol Gains Tax-residents or not!"Thanks for the comments. Knowing what you now know, would you advise someone to buy a home in Fiji?"
William L. Pettigrew's discussion was featuredNew Capitol Gains Tax-residents or not!
On May 1, 2011 the Fiji government implemented a new Capitol Gains Tax regime, 10% tax on all gains, even if you are a non-resident. We recently sold our home in Savusavu due to the economic situation in the USA. We sold the home in USA dollars which were put into an American $ escrow account by our lawyers. The FIRCA (revenue and customs) agency usually takes between one or two weeks to complete an application for tax clearance. However, no one in FIRCA seems to know what they are doing and…See More
William L. Pettigrew posted a discussionNew Capitol Gains Tax-residents or not!
On May 1, 2011 the Fiji government implemented a new Capitol Gains Tax regime, 10% tax on all gains, even if you are a non-resident. We recently sold our home in Savusavu due to the economic situation in the USA. We sold the home in USA dollars which were put into an American $ escrow account by our lawyers. The FIRCA (revenue and customs) agency usually takes between one or two weeks to complete an application for tax clearance. However, no one in FIRCA seems to know what they are doing and…See More
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Comment Wall (1 comment)
- At 10:41pm on February 13, 2010, Robert F. Kay said…
- Bula Bill
Glad to have you back!
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