Property Investor information: Papua New Guinea
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Property Investor information for: Papua New Guinea
The eastern half of the island of New Guinea - second largest in the world - was divided between Germany (north) and the UK (south) in 1885. The latter area was transferred to Australia in 1902, which occupied the northern portion during World War I and continued to administer the combined areas until independence in 1975. A nine-year secessionist revolt on the island of Bougainville ended in 1997 after claiming some 20,000 lives.
Papua New Guinea is currently not recommended by The Property Investor Magazine for foriegn Property Investment due to this countries legal, political and or economic situation.
