Reasons to Invest in the Cook Islands

A Government which welcomes and encourages local and foreign investment

  • Attractive Life-style in a relaxed and safe environment
  • Developed infrastructure for business, quality housing for expatriate staff and good health and education services
  • No Foreign Exchange Controls
  • Freedom to repatriate capital and profits
  • No Wealth Tax
  • No Gift Tax
  • No Property Tax
  • No Capital Gains Tax
  • No Death Duty Tax
  • Income Tax (company) 20% for residents, 28% for non residents
  • Value added Tax – 15%
  • Withholding Tax – Foreign pay-outs – 15%
  • (On interest, dividend, and royalty)
  • Sophisticated telecommunication links with the rest of the world and almost daily air services to New Zealand, Australia and the USA

 

Population 14,974

The Cook Islands is a nation in the South Pacific, with links to New Zealand. Its 15 islands are scattered over a vast area. The largest island, Rarotonga, is home to rugged mountains and Avarua, the national capital. To the north, Aitutaki Island has a vast lagoon encircled by coral reefs and small, sandy islets. Our country is renowned for its many snorkeling and scuba-diving sites and our people are loving and caring and will greet you with a warm Kia Orana.  

Tourism Visitor Arrivals

 (2018-2020) Visitor arrivals (5,814) 

 

Gross Domestic Product (GDP)

December Quarter 2018 at current prices was $141.7 million.

GDP per capital

March Quarter 2020 $138.9 million

 

 

Except for the following:

  • Tobacco
  • Alcohol
  • Petroleum
  • Seasonal Produce
  • Seasonal Produce

Trading Banks:

  • ANZ
  • Bank of theCook Islands (BCI)
  • Bank of the South Pacific (BSP)

Airlines: International Daily:

  • International Flights to NZ: Australia, Honolulu, Los Angeles on code-share services provided by Air New Zealand, Pacific Blue, & Tahiti Airlines.
  • Domestic: Air Rarotonga flies daily to the Southern Group, and twice weekly to the Northern Group

Shipping:

  • International: Monthly Break-bulk and containerised Shipping except Auckland, Samoa, Fiji, Tonga.
  • Domestic: Scheduled Weekly Services to Southern and Northern Group Islands

Languages:

  • English, Cook Islands Maori
  • Pristine & Unspoiled Environment, No Dangerous Animals, No Poisonous Insects, No Lethal Viruses.

Information updated: August 2020