Introduced a minimum investment threshold

29 Apr 2022

On 29 April 2022, Fiji introduced the “Investment (Reserved and Restricted Activities) Regulations 2022”, which set a minimum investment threshold of FJD $300,000 (around $140,000) for foreign investment in all activities except for those contained in the Schedule to the Regulations, for which higher investment thresholds apply. These include, among others: Logging, Fishing (not including fish processing), Manufacturing of tobacco products, Homestay and backpackers accommodations; Hotels or resorts; and Real estate activities, excluding real estate agents.

The Minister may provide a waiver of the minimum investment threshold to a foreign investor based on an economic analysis or assessment of skills.

A foreign investor who engages in an activity— (a) with an investment amount of FJD $300,000 or more; and (b) the activity is outlined in the Schedule, must bring the investment amount into Fiji within 3 months from the date of incorporation.