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Thursday, December 3, 2020

Niue Property and Citizenship Guide

Location of Niue

Key Facts:

Climate – tropical; modified by southeast trade winds

Population (2018) – 1,620

GDP (PPP) (Per Capita) (2003) – $5,800

Official language – English, Niuean

Major religions – Christianity (96.4%)

Ethnic Groups – Niuean (66.5%), Part-Niuean (13.4%) Others (20%)

Government – parliamentary democracy

Currency – New Zealand Dollar (NZD)

Taxes – The Niue Legislative Assembly passed the Niue Consumption Tax on 5 February 2009. The bill imposes a 12.5 percent tax on goods and services, effective on 1 April 2009. Income tax has also been lowered, and import tax may be reset to zero except for “sin” items like tobacco, alcohol and soft drinks. Tax on secondary income was also lowered from 35% to 10% with the stated goal of fostering increased labour productivity.

Residency by Investment:

An application for a permanent residence certificate may only be made by a person in Niue holding a valid temporary permit to the Chief Immigration Officer. Complete an application and submit it together with the application fee. The application will be reviewed by the Chief Immigration Officer and once approved he will issue the Permanent Residence Certificate.

Citizenship by Investment:

To be Updated.

Why it makes sense?

To be Updated.

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