Frequently Asked Questions

Can foreigners legally buy property in French Polynesia?

Yes, foreigners can legally buy property in French Polynesia. There are no restrictions on foreign property ownership.

Do I need a special structure like a trust or corporation to buy property in French Polynesia?

No, you do not need a special structure like a trust or corporation to buy property in French Polynesia. Individual foreign buyers can purchase property directly.

Do I own the property outright as a foreigner in French Polynesia?

Yes, as a foreigner, you own the property outright in French Polynesia. There are no restrictions or limits on foreign ownership of property.

What are the closing costs and taxes when buying property in French Polynesia?

The closing costs and taxes when buying property in French Polynesia can vary, but typically include notary fees, registration fees, and tax on the purchase price. It's recommended to get detailed information from a local real estate agent or lawyer.

Do I need to hire a lawyer when buying property in French Polynesia?

While it's not a legal requirement, it's highly recommended to hire a lawyer when buying property in French Polynesia. They can help navigate the legal process, ensure all documents are in order, and protect your interests.

Can I get a mortgage in French Polynesia as a foreigner?

Yes, foreigners can get a mortgage in French Polynesia. However, the process can be more complex and require more documentation compared to local buyers. It's advised to consult with a local bank or mortgage broker.

Are there annual property taxes in French Polynesia?

Yes, there are annual property taxes in French Polynesia. The amount varies based on the property's location and value.

Can I rent out my property in French Polynesia for income?

Yes, you can rent out your property in French Polynesia for income. However, you may be subject to income tax on the rental income, so it's recommended to consult with a tax professional.

Is the buying process safe and transparent in French Polynesia?

Yes, the buying process in French Polynesia is generally considered safe and transparent. However, as with any property purchase, it's important to do due diligence and consult with professionals.

Do I get residency or visa benefits by buying property in French Polynesia?

Buying property in French Polynesia does not automatically grant residency or visa benefits. However, owning a property can be advantageous when applying for a long-stay visa. It's recommended to consult with an immigration lawyer for detailed information.