There are about 1000 islands that make up the Solomon Islands. The capital city is known as Honiara and is situated on the largest island known as Guadalcanal. This island has the largest number of inhabitants that number around 30 Alex Redmond Bengals Jersey ,000 and is also the place where the most real estate in Solomon Islands is available. The other towns where real estate in Solomon Islands is available are Gizo, Auki and Kirakira. The country is part of the British Commonwealth.

The land estate in Solomon Islands is the major cause of tensions between the various ethnic groups that inhabit the islands. For the natives of Solomon Islands, land is an extremely integral part of their lifestyle. More than 95% of the Solomon Islands real estate is owned by the ethnic groups that are native to the country. The land rights for the real estate in Solomon Islands are owned by clans or tribes. Therefore a foreign investor would need to negotiate with the various clans and its members when they wish to purchase the Solomon Islands real estate for sale.

Moreover the real estate in Solomon Islands is available only for lease that have a maximum tenure period of 75 years. However the right to lease the land isn’t very easy as there may be disputes over the ownership of the land that is available. This can considerably add to the cost of acquisition of real estate in Solomon Islands for commercial use.

Solomon Islands have a per capita GDP of $600 and ranks as one of least developed nations. About 75% of the people are involved in subsistence farming and fishing. In the 1990’s the Solomon Islands suffered when the prices for timber fell, as it was the major export. Currently one of the most important industries for Solomon Islands is the tourism industry especially diving and snorkeling. However the tourism industry is not developing at the rate that it should Nick Vigil Bengals Jersey , since there is limited infrastructure and transportation services available.

In 2007, a devastating earthquake and in the aftermath a Tsunami hit the Solomon Islands and this left more than 52 people dead and destroyed about 900 homes and left thousands of people homeless. According to reports the waves were as high as 10 meters or 33 feet. This has devastated the coral reefs and even left them exposed on some of the world famous pristine beaches that Solomon Islands have.

Taylor White is an international real estate investor and leading the charge at International Real Estate Listings the worldwide leader in Solomon Islands real estate and Solomon Islands real estate listings. Solomon Islands real estate owners, agents, and developers are encouraged to create an account Tyler Boyd Bengals Jersey , upload an unlimited number of listings, write as much creative property details, include a You Tube property video, and it will be activated as a basic listing for 6 months William Jackson Bengals Jersey , free.

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