What's the expat life like in Fiji
Fiji is a popular destination for expats, particularly for those looking for a more laid-back and relaxed lifestyle. The cost of living is relatively low, and the Fijian people are known for their friendly and welcoming nature. The country offers a good quality of life and is a great place to raise a family.
It is important to note that Fiji is located in the Southern Hemisphere, so seasons are opposite to those in the Northern Hemisphere. Also, while the official language is English, Fijian and Hindustani are also widely spoken.
Is Fiji a good place to retire to?
Fiji is considered a popular destination for retirees due to its tropical climate, beautiful beaches, and friendly locals. The cost of living is relatively low, and healthcare is considered to be good. Additionally, there are a variety of activities available for retirees such as golfing, fishing, and diving. It's always a good idea to visit a place before making a decision to move there.
How is the economy in Fiji?
Fiji's economy is primarily based on tourism, agriculture, and remittances from Fijians working abroad. Tourism is the largest foreign exchange earner, accounting for around 30% of the country's GDP and providing employment for around 40% of the population. Agriculture, including sugarcane, is also a major contributor to the economy, although it has been in decline in recent years.
The Fijian economy has seen steady growth in recent years, with GDP growing by around 3-4% per year on average. However, the COVID-19 pandemic has had a significant impact on the economy, with tourism coming to a standstill, and many Fijians losing their jobs or facing reduced incomes. The country's GDP contracted by around 10% in 2020, and the unemployment rate increased to around 14%.
The government has taken measures to support the economy during the pandemic, including providing financial assistance to businesses and individuals, and implementing infrastructure projects to create jobs. In 2021, Fiji's economy is expected to recover and grow again, but it is uncertain how much the pandemic will affect the recovery.
The Fijian government is working to diversify the economy and reduce dependence on tourism and agriculture. This includes developing new industries such as technology, fisheries and aquaculture, and renewable energy.
In general, the Fijian economy is small, open and dependent on external factors, such as tourism, agriculture and remittances, which can make it vulnerable to external economic shocks.
Read more at our Fiji (FJD) country guide
