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Is Niue right for you?
Niue, which is one of the world's largest coral islands, is located in the South Pacific Ocean, east of Tonga. The Capital, Alofi, is the administrative and commercial centre of Niue. The island has a total area of approximately 260 sq. km.
Population
The total population of the Niue is approximately 1,700.
Political Structure
Although self-governing, Niue is in free association with New Zealand, meaning that the Sovereign in Right of New Zealand is also Niue's head of state. Niuw is fully responsible for its own internal affairs, with New Zealand retaining responsibility for external affairs. Niue is a British Commonwealth Associate Member, and enjoys the protection of the British Crown.
The Niue Assembly comprised 20 members, 14 of which are elected by local constituencies and six by common roll. The Head of Government is the Premier who is elected by the Assembly. The Premier chooses the Cabinet, which consists of the Premier and three other Ministers.
Infrastructure and Economy
Most economic activity centres around the Government, as the Government was traditionally in charge of organising and managing the affairs of the new country since 1974. However, since the economy of Niue has reached a stage where state regulation may now give way to the private sector in Niue's development, there is an ongoing effort to develop the private sector. The Niue Chamber of Commerce is the body representing some of the private businesses on Niue. Following Cyclone Heta the Government made a major commitment towards rehabilitating and developing the private sector in Niue. The Government allocated $1 million for the private sector, which was spent on helping businesses devastated by the cyclone, and on the construction of the Fonuakula Industrial Park.
Foreign aid, principally from New Zealand, has been the island's principal source of income. Tourism generates some revenue; tourism is one of the three priority sectors for economic development in Niue. Niue will continue to receive direct support from the Government and overseas donor agencies.
Air New Zealand is the sole airline serving Niue, flying to Niue once a week.
Language
Niuean and English are the official languages.
Currency
New Zealand dollar (NZD).
Exchange Control
None.
Law
Common Law based on the English system.
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Disclaimer
The materials contained on this web page are provided for general information only and do not constitute any form of legal definition or advice. IFC Recruitment assumes no responsibility for the accuracy of any particular statement and accepts no liability for any loss or damage which may arise from reliance on the information contained on this site.
References
1. Wikipedia profile: Niue
2. CIA World Factbook entry: Niue
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