Housing Finance Policy

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A. Legal and Regulatory Framework

A.1 Legal and Regulatory Framework
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Basis of the legal system: Civil, Common, Islamic, Other? (Describe)Common LawCommon LawCommon LawA.1.1
Are there specific laws that deal with mortgages? YesYesYes
Property Law of Fiji
A.1.2
Registration/Transfer of titles:A.1.3
Does the law clearly define different types of property rights?YesYesYes
Property Law of Fiji
A.1.3.1
Typical number of days needed for the transfer of title696968
WDI
A.1.3.4
Is there specialized legislation covering:A.1.9
B. Housing Finance Subsidies
B.1 Subsidies to Housing Finance Institutions
B.2 Subsidies to Households
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Reach of subsidies in 2.1.1 to 2.1.4 ?B.2.2
C. Taxation
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
What taxes apply to Residential Real Estate?C.1
Tax on property (home-owners) No  C.1.1
Tax on capital gains on property YesYesYesC.1.5
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Notes: Fiji Development Bank Annual Report as at 30 June. FDB - 55.1 F$m, Commercial Banks - 665.9 F$m, Credit Inst. - 72.5 F$m
Notes: Fiji Development Bank Annual Report as at 30 June. FDB = 36.4F $m, Commercial Banks = 682.8 F$m
Notes: Fiji Development Bank Annual Report as at 30 June. FDB = 42.3 F$m, Commercial Banks = 685 F$m
Notes: Fiji Development Bank Annual Report as at 30 June. FDB - 55.5 F$m, Commercial Banks - 621.8 F$m
Notes: Fiji Development Bank Annual Report as at 30 June. FDB = 30.3F $m, Commercial Banks = 718.1 F$m
Notes: Fiji Development Bank Annual Report as at 30June. FDB - 59.9 F$m, Commercial Banks - 674.2 F$m, Credit Inst. - 114.7 F$m
Notes: Fiji Development Bank Annual Report as at 30June. FDB - 11.972 F$m, Commercial Banks - 383.163 F$m
Notes: Fiji Development Bank Annual Report as at 30June. FDB - 15.212 F$m, Commercial Banks - 334.67 F$m
Notes: Fiji Development Bank Annual Report as at 30June. FDB - 19.099 F$m, Commercial Banks - 283.293 F$m
Notes: Fiji Development Bank Annual Report as at 30June. FDB - 22.135 F$m, Commercial Banks - 464.522 F$m
Notes: Fiji Development Bank Annual Report as at 30June. FDB - 42.508 F$m, Commercial Banks - 586.432 F$m
Notes: Fiji Development Bank Annual Report as at 30June. FDB - 62.9 F$m, Commercial Banks - 645.7 F$m, Credit Inst. - 116 F$m
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