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Real estate status in Kiribati
Kiribati used to lie either side of the International Date Line, but the government unilaterally moved the line eastwards in 1995 to ensure the day was the same in the whole country. This move made the country as the first inhabited place to greet the New Millennium.
Foreigners are not allowed to own land in the country. Leasing of land is hard because ownership disputes among the claimants as owners are hard to resolve. Almost all of the land in Kiribati is owned by indigenous people.