Saturday, March 15, 2008

FIC Approvals

FIC Approvals

For most housing properties foreigners are no longer required to obtain Foreign Investment Committee (FIC) approval. Foreign purchasers are still required to obtain approval from the State Authorities who will consider factors such as the location of the property, the type of property and in new developments the percentage of total units sold owned by foreigners. State consent can often take six months and in some cases longer.

1 comment:

Unknown said...

All thanks to Elegant loan firm for helping me secure a loan of $1,000,000.00 USD to establish my Foodstuff supermarket business in different places. I have been looking for financial help for the past four years. But now, I am completely stressed free with all the help of the loan officer Mr Russ Harry. So, I will advise any person who seeks funds to improve his or her business to contact this great firm for help, and it is real and tested. You can reach him through- Email --Elegantloanfirm@Hotmail.com-  or Whats-app +393511617486.