Business For Sale Tonga | Business For Sale Listings
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Things to Know About the Business for Takeover Tonga
Tonga, officially known as the Kingdom of Tonga, is a Polynesian kingdom comprising of more than 170 South Pacific Islands. Out of 170, only 40 are inhabited. The kingdom covers a total surface area of 750 square kilometers and has a population of slightly over 100,000 people.
Tonga neighbors Samoa to the northeast, Kermadec to the southwest, and Fiji and Wallis to the northwest. The kingdom is divided into three main island groups of Vava’u in the north, Ha’apai in the center and Tongatapu in the south. Nearly 70% of the population resides in Tongatapu. The official language of the country is Tongan, though a huge chunk of the population can also communicate in English.
The backbone of the country’s economy is mainly agriculture, with the major cash crops being bananas, vanilla, coconuts, beans, and squash. These make very good prospects for those interested in doing business in Tonga. The entire land of the kingdom is essentially owned by the monarch, though the nobles of the society have shared large portions of the prime plots. Initially, every male above the age of 16 was allotted 7.5 acres of land for cultivation, but the increase in population has exerted more pressure on the land, thus reducing the size of the allotment.
Though remote, Tonga has not been free from western influences, though they have maintained a good grip on their culture and traditions. For instance, they still carry out traditional Tongan rituals such as the drinking of Kava, and their men still carve from wood.
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