Marshall Is.: Overview

Country Rating  » Not Rated

Home  ›  Pacific  ›  Marshall Is.  ›  Overview

Marshall Is.: Overview

Marshall Islands is composed of 29 atolls. It attained its independence from the US in 1986 under a Compact Free Association. Under the compact, the US pays an annual rent to use the Kwajalein atoll as a base and missile test range. Marshall Islands is also at risk to rising sea levels.

Although there are no disclosed restrictions to foreign investment, and foreigners can in fact lease land for up to 50 years, land tenure poses as a problem for development in the country. Land ownership is based on ancestry therefore foreign investors who wish to lease land must negotiate directly to the customarily owners of the land.

RESIDENTIAL PROPERTY AROUND THE WORLD

Europe
UK house prices softening

• France housing market slowing substantially
• Warsaw catches cold

Asia & Pacific
Bubble fears prompt foreign ownership limits in China

• Singapore condos in full swing
• New Zealand just carries on

America & Caribbean
The slowdown of the U.S. housing market

• Canada ignores the US blues
• Costa Rica at the centre of all

Middle East and Africa
Bahrain is open to foreigners and sizzling hot

• Dubai: Heading for a fall?
• Tourists flood Morocco