Banking, Money and Taxes in Fiji

Banking in Fiji is relatively straightforward. A number of international banks have a presence in the country and are likely to provide the best facilities for expats.
 
Expats should note that while the availability and standard of banking facilities in the main cities and tourist spots are good, they do become limited as one moves to the outer islands.
 

Money in Fiji

 
The official currency of Fiji is the Fijian dollar (FJD). Each Fijian dollar is divided into 100 cents. 
 
  • Notes: 5, 10, 20 and 50 FJD
  • Coins: 1, 2, 5, 10, 20 and 50 cents and 1 FJD 
 
Currency can be exchanged at most major banks and bureaux de change, which can be found in most urban centres and tourist resorts in Fiji.
 
Expats travelling to more remote parts of Fiji should carry enough cash for their trip, as it can be difficult to access money or exchange currency in rural areas.
 

Banking in Fiji

 
Banking in Fiji is generally straightforward and efficient. Major international banks that can be found in the country include the Australia and New Zealand Bank (ANZ) and Westpac. Banks can be found in all major towns and cities, while the availability of banking services tends to be limited in rural areas and on the outer islands.
 

ATMs and credit cards

ATMs can be found at most banks in Fiji, as well as in shopping centres and tourist resorts. Most ATMs accept major international debit cards such as Cirrus and Maestro. Australian New Zealand Bank has ATMs scattered throughout Nadi and Suva.
 

Taxes in Fiji

 
Expats relocating to Fiji for work need to discuss taxes with their employer. They will need to take the necessary steps to avoid double taxation. 
 
Income tax returns need to be filed by the end of March each year.
 
Fiji has a PAYE (Pay-As-You-Earn) system, so expats will be taxed on any income they make within Fiji. An individual who has additional income from employment or other sources will be required to declare this on a tax return.
 
Fiji has double taxation treaties with some countries, which prevent some expats from being taxed twice on their income in both Fiji and their home country. Filing taxes is a complicated procedure even without having to file in dual tax systems, so expats are advised to consult a specialised tax advisor for support.

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