FIJI

 

COUNTRY

FIJI

REGION

Oceania, island group in the South Pacific Ocean, about two-thirds of the way from Hawaii to New Zealand

POPULATION

The current population of Fiji is 904,733 as of October 2021

GENERAL INTRODUCTION

Fiji, a country in the South Pacific, is an archipelago of more than 300 islands. It's famed for rugged landscapes, palm-lined beaches, and coral reefs with clear lagoons. Its major - islands, Viti Levu and Vanua Levu contain most of the population.

WIFI SPEED

Internet Speed in Fiji averaged 2104.62 KBps, reaching an all-time high of 9530.44 KBps

ELECTRICAL OUTLET

240 volts. The electric current is 240 volts. Fiji has three-pin power outlets, which are identical to Australia and New Zealand.

PER CAPITA GDP

$13,684 (2019 est.)
$13,846 (2018 est.)
$13,429 (2017 est.)

note: data are in 2017 dollars

CLIMATE

tropical marine; only slight seasonal temperature variation

RESIDENCE- BY- INVESTMENT

FIJI RESIDENCE BY INVESTMENT

  • Fiji is an island country in the Pacific. It has been a popular destination for retirees and those seeking an exotic climate and a friendly tax environment.

INVESTMENT
Minimum of F$250,000

7-YEAR NVESTOR

A 7 -Year Investor Permit is issued to foreign investors who are able to show proof that a minimum of F$250,000 has been remitted from offshore and injected into the local economy as part of one’s investment portfolio under the ambits of Section 39 of the Immigration Regulation, 2007.

3-YEAR NVESTOR

The 3-Year Investor Permit is granted to non-citizen investors who are engaged in a business project approved by the Fiji Islands Trade and Investment Bureau (FTIB) for a minimum of F$50,000. FTIB approval is via the issuance of a Foreign Investment Certificate (FIC). Authority is under Section 9(2)(c) of the Immigration Act, 2003.

The following are also required:

A Fiji Trade and Investment Bureau’s investment approval letter clearly stating the shareholding structure.
A certified copy of a Foreign Investment Certificate issued by FTIB.
A properly filled-in application in the official form provided by the Immigration Department.
Certified copies of the applicant’s passport/s (bio-data page).
Police report in respect of the applicant from the country of citizenship and/or residence where he/she lived for 12 months or more in the last 10 years.
Medical reports were conducted within 3 months or less from the date of application.

KEY BENEFITS

The right to live and work in Fiji

PROCESSING TIME

The average time is 5 months.

NATURAL RESOURCES

timber, fish, gold, copper, offshore oil potential, hydropower

ETHNIC GROUPS

iTaukei 56.8% (predominantly Melanesian with a Polynesian admixture), Indo-Fijian 37.5%, Rotuman 1.2%, other 4.5% (European, part European, other Pacific Islanders, Chinese) (2007 est.)

LANGUAGES

English (official), iTaukei (official), Fiji Hindi (official)

RELIGIONS

Protestant 45% (Methodist 34.6%, Assembly of God 5.7%, Seventh Day Adventist 3.9%, and Anglican 0.8%), Hindu 27.9%, other Christian 10.4%, Roman Catholic 9.1%, Muslim 6.3%, Sikh 0.3%, other 0.3%, none 0.8% (2007 est.)

MEDIAN AGE

total: 29.9 years
male: 29.7 years
female: 30.1 years (2020 est.)

URBANIZATION

urban population: 57.7% of total population (2021)
rate of urbanization: 1.37% annual rate of change (2020-25 est.)
total population growth rate v. urban population growth rate, 2000-2030

PHYSICIAN DENSITY

0.86 physicians/1,000 population (2015)

GOVERNMENT TYPE

Parliamentary republic

UNEMPLOYMENT RATE

Unemployment, youth ages 15-24
male: 11.9%
female: 22.4% (2016 est.)
total: 15.4%

TAXES

Personal Income Tax Rate (highest marginal tax rate) - 10% (5% effective from 1 August 2020) of excess over FJD 270,000

Corporate Income Tax Rate (excluding dividend taxes) – 20% All other companies, including non-resident companies carrying on business in Fiji (e.g., branch profits)

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