Frequently Asked Questions

Foreign Investors are welcome but must comply with the Cook Islands Development Investment Act and other regulations.

What types of businesses require foreign investment approval?
All businesses involving foreign ownership or significant foreign participation require approval, especially those in sectors restricted for local residents. 

What are the reserved areas of investment for Cook Islanders?
These can be found in Part D of the Investment Code 2003, however, some sectors like retail, agriculture, manufacturing, and tourism accommodations to name a few, are reserved for Cook Islanders only. 

How do I apply for foreign investment approval?
Submit an application to BTIB (Business Trade and Investment Board) through the prescribed forms available under the Forms and Applications tab.

What is the processing time for foreign investment applications?

Standard applications are processed within 30 working days, while express service is available for NZD$850 with a 5-day turnaround time. 

Are there any restrictions on land ownership for foreign investors?

Foreigners cannot own land in the Cook Islands but may lease land for up to 60 years. 

What is the minimum investment capital into the Cook Islands?
The minimum capital injection for Rarotonga is $1,000,000.00 and for the other islands is $500,000.00

Are there any public health supports for Foreign Investors?
There are private doctors available in the township area with their consultation fees, alternatively, if you would like a call out service or home visit, these private doctors provide that service to investors. 

What are the fees for foreign investment?
Fees vary based on the investment type and processing speed. Standard and express services have different rates.

What support does BTIB provide to foreign investors?
BTIB offers assistance with the application process, advice on business sectors, business trainings, and information on compliance requirements.