Property Investor information: Burundi
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Property Investor information for: Burundi
Burundi's first democratically elected president was assassinated in October 1993 after only one hundred days in office, triggering widespread ethnic violence between Hutu and Tutsi factions. Over 200,000 Burundians perished during the conflict that spanned almost a dozen years. Hundreds of thousands of Burundians were internally displaced or became refugees in neighboring countries. An internationally brokered power-sharing agreement between the Tutsi-dominated government and the Hutu rebels in 2003 paved the way for a transition process that led to an integrated defense force, established a new constitution in October 2004, and elected a majority Hutu government in 2005. The new government, led by President Pierre NKURUNZIZA, faces many challenges, particularly from the country's last rebel group who remains outside of the peace process and continue attacks in the western provinces of Burundi
Burundi is currently not recommended by The Property Investor Magazine for foriegn Property Investment due to this countries political and or economic situation.