Buy your own Permanent Residency?

from w
I was amazed to read this item from tonight's Fiji TVs. I find it had to believe this story - so what does that mean? Is it something like what has happened in Tonga with the sale of citizenship to Chinese nationals who want to live on a Pacific Island? Very strange...
One National News

Permanent Residency up for sale 4 Dec 2007 00:55:47

The interim government has announced a bold initiative that deals with immigration..
Immigration director Viliame Naupoto has told the Fiji Australia Business Council meeting in Nadi this afternoon that from January 1st next year foreigners will be able to purchase a permanent residency status in the country.

He says it will cost three thousand dollars per person to buy the P-R... Naupoto says details on how this will work will be announced soon.. He adds major changes to our work permit regulations will also be announced soon.