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
Statutory Minimum Wage
NZD$7.60 per hour
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
