: It is critical to work with a notary (notaire), who handles the legal transfer and acts as a government official in the transaction. 2. Financial Considerations
: If you are not a French or EU citizen, your notary will help you submit the required application to the local government.
Tip: New constructions are often exempt from property tax for the first five years. buy a house in bora bora
: Listings are scarce. Sites like Properstar or JamesEdition often show only a handful of available homes at any given time.
Buying a home in Bora Bora is a dream for many, but it involves navigating the unique legal and financial landscape of . While foreigners can generally purchase property, the process is heavily regulated and often requires government authorization. 1. Legal Requirements & Restrictions : It is critical to work with a
: Expect to pay a one-time transfer tax of approximately 12% of the purchase price (this may drop to 7% if purchasing via a company).
: Transactions are usually handled in CFP Francs (XPF) , which is pegged to the Euro. 3. Market Overview Tip: New constructions are often exempt from property
: The government favors investments that create local jobs, such as hotels or resorts. Private residential purchases undergo intense scrutiny and can be difficult to get approved.