Fiji lures producers with one of the world’s highest tax rebates

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Fiji lures producers with one of the world’s highest tax rebates

CAST AWAY - In "Cast Away," Academy Award®-winning filmmaker Robert Zemeckis and two-time Oscar® winner Tom Hanks reunite to explore the blessings and heartache of fate and the survival of the human spirit. In this scene, stripped of the conveniences of everyday life, Chuck Noland (HANKS) must first meet the basic needs of survival. "Cast Away" airs as the "ABC Saturday Movie of the Week" on SATURDAY, FEBRUARY 18 (8:00-11:00 p.m., ET), on the ABC Television Network. (© 2000 ™DreamWorks LLC. and Twentieth Century Fox Film Corporation)

Producers looking for tropical locations would do well to consider Fiji, a collection of over 330 islands in the South Pacific about 1,300 miles to the northeast of New Zealand.

The nation’s appeals include some of the world’s most picturesque beach-and-palm tree vistas, the use of English as one of the national languages, a well-developed economy, and a staggeringly high tax rebate of 47%

In addition to their multiple coastal locations, the islands offer coral reefs with clear lagoons, rugged and verdant mountain interiors, and small settlements typical of South Pacific cultures.

Most of the population of 881,000 inhabitants lives on the main islands of Viti Levu and Vanua Levu. Viti Levu is home to Suva, the capital and a bustling port city with British colonial architecture. Many of the more remote outer islands are uninhabited and contain virgin jungle.

To qualify for the 47% rebate, a film or TV production must spend a minimum of nearly $118,000. There’s a project cap of $13.3 million.

Over the years, multiple movies and TV shows have shot on Fiji. These include the reality series “Survivor” and the films “Cast Away” (2000), “Contact” (1997), “Return to the Blue Lagoon” (1991), and “The Blue Lagoon” (1980).

  • 28% – Refundable tax credit
  • 47% – Tax Rebate
  • $118K – Minimum spend for features, TV shows

Source: Variety Magazine: January 03, 2017

 

 

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