Property Investor information: Marshall Islands
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Property Investor information for: Marshall Islands
After almost four decades under US administration as the easternmost part of the UN Trust Territory of the Pacific Islands, the Marshall Islands attained independence in 1986 under a Compact of Free Association. Compensation claims continue as a result of US nuclear testing on some of the atolls between 1947 and 1962. The Marshall Islands hosts the US Army Kwajalein Atoll (USAKA) Reagan Missile Test Site, a key installation in the US missile defense network.
Marshall Islands is currently not recommended by The Property Investor Magazine for foreign Property Investment due to this countries legal, political and or economic situation.