Fiji offers residency by investment through Investors Permit, 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. Investor Permits are issued to foreign investors whose business proposal is to invest and operate a business in Fiji.
Foreign investors who would like to invest and operate a business in Fiji need to submit a business proposal to Fiji Trade and Investment Bureau- a government office. If successful, the entrepreneurs are issued an investor’s permit.
7- year Investor
An investment of F$500,000 0r $240,686 USD or more in approved business trade or undertaking will entitle the investor to a long-term permit of seven years. Investors must prove that funds have or are being transferred from overseas and that project proposals have been approved by the Ministry of Trade and Commerce.
Investors can obtain a three-year permit for an approved investment of less than F$500,000 or $240,686 USD.
Temporary residents can extend their status for so long as there is a legitimate reason for doing so.
Usually, foreigners that wish to reside in Fiji indefinitely would have to apply for a long-term residence permit and then extend it or become Fiji citizens. However, former Fiji citizens, by the constitution, still have the right to enter and remain in Fiji as long as they desire, and their families are exempt from the necessity of renewing their temporary resident permits.
Unlike other countries, Fiji has a retirement option that could be very attractive to those who would like a quiet life in the sun in their golden years. Foreigners can apply for resident permits on assured income(a retirement option). Such a permit is granted if applicants have sufficient revenues for themselves and their dependents.
Fiji citizenship can be acquired by Naturalization:
To be eligible to apply for Fiji citizenship, a person must have legally lived in Fiji for five years within the last 10 years. Those married to a Fiji citizen may apply for citizenship once they have been lawfully present in Fiji for at least 3 of the 5 years preceding the application. Naturalization in Fiji is initiated by submitting an application to the Minister of Immigration. Applicants must prove that they are of good character, are familiar with the language (English, Fijian, or Hindi), and intend to reside in the territory. Approved applicants are required to take an Oath of Loyalty. Fiji allows dual citizenship and Fijian citizens have visa-free or visa-on-arrival access to 90 countries and territories.
Step 1: The applicant must visit the Fiji Immigration Department.
Step 2: Before starting the application form, make sure that you have all the required documents.
Step 3: Make sure to carry all the documents in PDF format.
Step 4: The applicant should give a valid email address and phone number, which will be used for further communication purposes.
Step 5: Payment, the payment must be done via Direct Deposit.
Step 6: After the payment confirmation, the application will be forwarded and verified by the Fiji Island Trade & Investment Bureau and the Immigration Department.
Step 7: After the approval from the Investment Bureau authorities, the immigration department officer will go through the application form and grant the Investor permit visa to the applicant.
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Fiji has allowed dual citizenship since the installation of the citizenship of Fiji Decree of 2009.
Yes you can include your spouse and children.
You will need to reside in Fiji and be present in Fiji for a period aggregating 183 or more days during any 12-month period.
No interview required.
The applicant must have lived in Fiji for five years within the last 10 years.
Resident individuals are liable to tax on taxable income accruing in or derived from Fiji or else where.
Non-residents are liable to tax only on taxable income accruing in or derived from Fiji.
There are no net worth/wealth taxes in Fiji.
There are no estate or inheritance taxes in Fiji.
Foreigners can freely purchase apartments. However apartment living is unusual in Fiji, though there are some beach-resorts condominiums. In addition a foreigner cannot freely rent out a property.