Fiji Citizenship Investment
Fiji stands as an enticing prospect for high-net-worth investors eyeing a strategic second residence. Renowned for its pristine landscapes and vibrant culture, Fiji offers lucrative investment opportunities in its flourishing economy. Positioned as a strategic hub, Fiji presents a promising landscape for financial growth and investment returns, making it an attractive destination for those seeking profitable ventures in the heart of the South Pacific.
FIJI CITIZENSHIP INVESTMENT
Currently there is no formal citizenship by investment programme offered by Fiji. Such programmes allow individuals to obtain citizenship or residency rights in select countries through substantial investment. This investment most often is in real estate, national development funds, or local businesses. Vanuatu’s Citizenship by Investment programme would be a great alternative for investors looking to secure citizenship in this region.
FIJI RESIDENCY Investment
Under the ambits of Section 39 of the Immigration Regulation, 2007, Fiji offers a 7-year investor permit to individuals that have invested a minimum of F$250,000 respectively into the local economy. Under Section 9(2)(c) of the Immigration Act, 2003, they also offer a 3-year investor permit for individuals investing minimum of F$50,000 in approved projects. This may potentially serve as a route to citizenship; however, individuals must fulfil the requirement of residing in the country for at least five years within the last 10 years to become eligible. More favourable and cleary defined residency by investment programmes do exist elsewhere for investors.
FIJI PASSPORT STRENGTH AND RANKING
If Fiji were to introduce a citizenship by investment programme, it is unlikely to be an appealing option based on the passport it brings. Fiji’s passport currently ranks 100th on Universal investment visa’s comprehensive Global Passport Ranking. The Fijian passport provides visa-free access to only 104 countries, representing 33.8% of worldwide travel and 35.9% of global wealth (measured by GDP). This places it significantly lower than established and prominent golden visa programmes. For instance, Fiji’s neighbouring country, Vanuatu, holds the 86th position on Universal investment visa’s comprehensive Global Passport Ranking..