As a compliant jurisdiction with up to date wealth management solutions for changing needs of clients, Samoa is determined to maintain its reputation as a well regulated jurisdiction of integrity.
Advantages of SAMOA
Samoa continues to introduce new and reviews its international financial services laws in line with global trends and the evolving needs of the international market; striving towards meeting international regulatory standards.
Samoa has a stable economy, and has strategies in place to ensure economic growth through fiscal policies. Samoa's legal tender is, the TALA and has a stable banking system. Samoa's Gross Domestic Product continues to improve, where 66% of the composition is of the Tertiary Sector.
Samoa has a good and sound infrastructure in terms of commercial and residential buildings, hotels, roads and communications. The Government of Samoa has plans in place to ensure the sustainability, safety and reliability of its infrastructural networks. The latest development includes the construction of the new Faleolo International Airport in Apia.
Communications continue to be updated to improve connectivity between users; local and abroad. The Tui-Samoa Cable is the latest Government of Samoa project to enhance and sustain digital connectivity; with a confirmed route from Apia to Suva, Fiji and linking to the Southern Cross Cable Network to Hawaii in the North and Sydney in the South. The Tui-Samoa Cable Project is scheduled to be completed and launched by the end of 2017. Thus, making Samoa digitally accessible; bridging the geographical divide, and giving Samoa a competitive opportunity.