21st November 08:22 AM
First Home Buyers initiative also applies to those that already own freehold land - AG
By Iva Danford
Thursday 09/08/2018
Minister for Economy Aiyaz Sayed-Khaiyum and Navua resident Mereia Colati

Government’s First Home Buyers initiative is also applicable to those that had already purchased freehold land.

This was clarified by the Minister for Economy Aiyaz Sayed-Khaiyum when questioned by a Navua resident Mereia Colati who says that there is a lot of freehold land in Navua.

Sayed-Khaiyum says first home buyers with an income threshold between $50,000 to $100,000 and those with an annual income of under $50,000 will qualify for this.

He says first home buyers with an annual income of under $50,000 will receive $15,000 towards the first home construction or $10,000 towards the first home purchase.

Sayed-Khaiyum says first home buyers with an income threshold between $50,000 to $100,000 per year, will qualify for $10,000 for construction of a new home or $5,000 for the purchase of their first home.

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