From 'pipedream' to reality. One Canberra couple made this their Pacific island home for under $5 million

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From 'pipedream' to reality. One Canberra couple made this their Pacific island home for under $5 million
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Behind the glamour of island ownership, there are risks and controversies, particularly when it comes to the land rights of Indigenous Pacific Islanders.

The accountant went on to list the challenges facing the couple, from not knowing ni-Vanuatu culture, to the risks of buying property overseas.

"They think they have saved money by avoiding an agent and, in many cases, have lost all that they have paid and have nothing to show for it."Many Pacific countries have introduced regulations to control the sale of Indigenous land to foreigners. In Vanuatu, about 10 per cent of Indigenous land is under lease, with rates particularly high in cities, where almost half of all land is no longer under Indigenous control.

"It is concerning that issues of large-scale land leasing and Indigenous dispossession have occurred in post-colonial Indigenous-governed states, including Vanuatu and Papua New Guinea."Fijian historian Tarisi Vunidilo says private islands can alienate generations of Indigenous people from their homeland.

"So, there's a lot of other examples like the island of Rabi, the island of Kioa, they were sold under dubious circumstances, and the people who lived there were forcibly relocated to other places."Pandemic parties Google co-founder Larry Page — who owns a Fijian island — was another celebrity reportedly able to ride out much of the COVID-19 pandemic in Fiji, at a time when the country, whose borders were closed, was struggling with high infection rates and economic losses."However, I don't see any of my island-buying clients as people who flaunt their possessions."

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