Property Investor information: Liberia
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Property Investor information for: Liberia
In August 2003, a comprehensive peace agreement ended 14 years of civil war and prompted the resignation of former president Charles TAYLOR, who was exiled to Nigeria. After two years of rule by a transitional government, democratic elections in late 2005 brought President Ellen JOHNSON-SIRLEAF to power. The legislative and presidential polls were broadly deemed free and fair despite fraud allegations from JOHNSON-SIRLEAF's rival George WEAH. The United Nations Mission in Liberia (UNMIL), which maintains a strong presence throughout the country, completed a disarmament program for former combatants in late 2004, but the security situation is still volatile and the process of rebuilding the social and economic structure of this war-torn country remains sluggish.
Liberia is currently not recommended by The Property Investor Magazine for foriegn Property Investment due to this countries legal, political and or economic situation.