Assistant Tourism Minister, Lorna Eden says Fiji has the best investment incentives in the region, the lowest corporate taxes, streamlined income tax, the ability to get a maximum of 20 years tax free status depending on investment amount and the opportunity to apply for dual citizenship.
While speaking to nine visiting potential investors from Australia, Eden highlights that Fiji has a highly talented English speaking workforce in an ideal working environment.
Some of the investors from Australia mentioned to Fijivillage that the 1987 coup had made them leave Fiji while the current government, political stability in the country and the dual citizenship made them come back home as Fiji is welcoming them.
Fiji born Australian businessman, Sony Khan said he is looking at investing in tourism and roads.
Khan added that he is in negotiations with two parties for the land between Nadi to Pacific Harbour to build a theme park hotel.
He highlights the startup investment is F$10m.
Meanwhile, Jamie Ragg of MV Solar said Fiji’s current energy mix depends on rain a lot and issues will be faced at the time of prolonged drought.
Ragg said diversification of the energy mix is important.
Ragg added that they have already invested $7m.
Another Australian investor who left Fiji 40 years ago and wants to retire in Fiji Harry Tripp highlights he will bring in a fuel saving device.
Tripp said the device will help the people save on the running cost of the fuel and it will also reduce pollution.
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