Tourism is the biggest industry in the South Pacific by far and most countries offer generous tax concessions to encourage investment in the sector. Fiji alone accounts for nearly half the visitor arrivals to the region, which explains why Sheraton, Hilton, Marriott, Intercontinental, Radission, Sofitel, and other major players are there. French Polynesia ranks second after Fiji.
The lifestyle investor is a 21st century beachcomber who creates a business mostly as a way of obtaining permanent residency on a paradise island. It’s nearly impossible to immigrate to Fiji or the Cook Islands, but an investment of as little as US$200,000 will facilitate the paperwork. The easy way to do it is to buy an existing small business, or you could lease a strip of virgin beach and create a resort with four or
five tourist bungalows.
Guest Blogger David Stanley is the author of Moon Handbooks South Pacific. He blogs on South Pacific Travel Blog.