Fiji offers foreign investors, a seven year investor permit for an investment of USD 120,000 ( F$ 250K) invested in local economy. A foreign investment certificate issued by FTIB (Fiji Trade and Investment Bureau)
Fiji offers many opportunities in the traditional economic sectors as well as in rapidly growing sectors like ICT, Manufacturing, Tourism, Mining, Food Processing, Services and Resource-based sectors, to name a few. Fiji ‘s beautiful and peaceful environment, a favourable destination for investment.
Why Invest in Fiji?
- Fiji is the centre of trading in the South Pacific for the South Pacific – Asia, USA and Europe Region. Fiji is not only the centre of trade, but has also transformed into a hub for global communications and transportation (shipping and air travel) routes.
- A package of trade and investment incentives including duty concessions, investment allowances, tax exemption and tax free regions.
- Corporate Tax Rate is 20%
- A foreign company that establishes/relocates its Headquarters to Fiji will be subject to a low corporate tax rate of 17%.
- A listed company on the South Pacific Stock Exchange (SPSE) will be subject to a low corporate tax rate of 10% provided the company has 40 percent local shareholding structure. Income earned from trading of shares in SPSE will be exempted from Income Tax and Capital Gains Tax.
- A government that welcomes and supports local and foreign investment, within its overall objectives of growing the various sectors of Fiji’s economy; enticing new, and retaining existing, investors by providing them with tax and other incentives to boost their businesses.
- State of the art telecommunication infrastructure that provides links through fibre optic cable connections and satellites to the rest of the world.
- A well-developed infrastructure, including electricity, water supply, international airports and wharfs.
- Availability of factories land and buildings at reasonable rates.
- Well-developed banking and financial institutions providing full financial services.
- Fast registration of foreign investment projects.
- Well educated workforce with a literacy rate of 93.7%.
- Good health and medical facilities including a modern private hospital and medical centres.
- Fiji is signatory to various trade agreements, frameworks and memorandum of agreements. This allows for better market access and provides a conducive investment climate and opportunities with other countries.
Investor permit for residency
According to Fiji immigration office
A Seven (7) Years Investor Permit is issued to foreign investors who are able to show proof that a minimum of F$250,000.00 have been remitted from offshore and injected into the local economy as part of ones investment portfolio under the ambits of Section 39 of the Immigration Regulation, 2007.
The Foreign Investment Act (FIA) 1999 and Foreign Investment (Amendment) Act 2004 lay down the guidelines by which a foreign investor can invest in Fiji. There are 20 Articles in the Foreign Investment Act 1999 and Foreign Investment (Amendment) Act 2004.
According to FTIB, to open a real estate management business which is 100% foreign owned will require an investment of at least $1m.
Citizenship through Naturalisation
An adult person may become a citizen by naturalisation. Person must have been lawfully present in Fiji for a total of 5 of the 10 years immediately before the application for naturalisation is made.
Fiji Passport
As of 1 January 2018, Fijian citizens had visa-free or visa on arrival access to 84 countries and territories including Russia, China, Ireland, Brazil, Singapore, Hong Kong ranking the Fijian passport 57th in terms of travel freedom (tied with the Guyanese) according to the Henley Passport Index.
Visas required to travel to UK, Schengen States, USA and Canada
About Fiji
Fiji officially the Republic of Fiji is an island country in Oceania in the South Pacific Ocean about 1,100 nautical miles northeast of New Zealand’s North Island. Its closest neighbours are Vanuatu to the west, New Caledonia to the southwest, Tonga to the east and Tuvalu to the north.
Fiji is an archipelago of more than 330 islands—of which 110 are permanently inhabited—and more than 500 islets with a population of 912,000. Fiji has a significant amount of tourism with the popular regions being Nadi, the Coral Coast, Denarau Island, and Mamanuca Islands. The biggest sources of international visitors by country are Australia, New Zealand and the United States. Fiji has a significant number of soft coral reefs, and scuba diving is a common tourist activity.
Fiji is one of the most developed of the Pacific island economies
