Property Investor information: Suriname
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Property Investor information for: Suriname
Suriname lies on the northeast coast of South America, with Guyana to the west, French Guiana to the east, and Brazil to the south. It is about one-tenth larger than Michigan. The principal rivers are the Corantijn on the Guyana border, the Marowijne in the east, and the Suriname, on which the capital city of Paramaribo is situated.
Independence from the Netherlands was granted in 1975. Five years later the civilian government was replaced by a military regime that soon declared a socialist republic. It continued to rule through a succession of nominally civilian administrations until 1987, when international pressure finally forced a democratic election. In 1989, the military overthrew the civilian government, but a democratically-elected government returned to power in 1991.
Suriname property is currently not recommended by The Property Investor Magazine for foriegn Property Investment due to this countries political and or economic situation.