Business For Sale Niue | Business For Sale Listings
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Things to Know About the Business for Takeover Niue
Another island country in the South Pacific Ocean named Niue is a self-governing state in free association with New Zealand. This small island measures an area of 261.46 square kilometers and is home to approximately 1,624 people. Its capital is Alofi, which is also the largest village. Inhabitants speak English and Niuean. They use New Zealand dollar (NZD) as a medium of exchange when buying goods and services. It has a tropical climate, which is perfect for tourists who want to have fun and relaxation.
In 2003, Niue’s GDP was around $10.01 million, and its GDP per capita was $5,800 (both PPP). For consumers in the country, the Sales Tax rate stands at 5 percent. Its economy is heavily dependent upon aid from New Zealand.
Doing business in Niue is easy, especially for companies who are into the Tourism industry. Foreign nationals must obtain a visa unless they are nationals of New Zealand who are also Niuean citizens. However, if you’re just a New Zealand national, you can only stay for a maximum of 30 days. Other nationals require an entry permit on arrival, but if you want a more extended stay, you must apply to the Immigration Office before arrival.
The country has had a problem regarding the emigration of its people going to New Zealand. One possible reason is because of the availability of various jobs and opportunities. Anyway, tourism is one of the money makers in the country. Moreover, it has beautiful attractions and plenty of things to do, like diving, snorkeling, and visiting beaches. In spite of its location, Niue is a very safe place and is recognized as one of the world’s largest coral islands.
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