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Property for sale in Tonga

Property for sale in Tonga



1/ Capital: Nuku’alofa


Is the capital, chief port and largest city of Tonga. The city is located on the coast of Tongatapu island.

 

2/ Country: Tonga

 

Is an archipelago in the south Pacific Ocean comprising 171 islands, 48 of them inhabited, stretching over a distance of about 800 kilometers (500 miles) in a north-south line.

 

3/ Property for sale in Tonga

 

The Kingdom of Tonga lies between Fiji and Niue, to the east of Australia, just below Samoa, in the southern Pacific Ocean. Tonga is the last Polynesian monarchy in the Pacific. Tonga is consists of more than 150 islands and is often called as "Friendly Islands".

Endowed with tropical beaches, rainforest, active volcanoes and ideal diving conditions, it has a developing tourist industry, its main source of hard currency.

In contrast to other Pacific island countries, there is no customary land in Tonga. Tonga practices a somewhat feudal system of land ownership. All land in Tonga belongs to the King, and then the King may grant to nobles and titular chiefs one or more estates to become their hereditary estate.

The Government of Tonga has over the years pursued vigorous and active policies to stimulate and facilitate the trade and investment climate. This is reflected by the various fiscal and monetary packages existing to promote Tonga as the premier place to do business.

To date Tonga has achieved steady economic growth at around 5%. The Government through its financial incentives has ensured that the trade and investment package offered by Tonga is one of the most competitive in the region.

 
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