The ISO code of New Caledonia is NC according to the ISO 3166 standard. The local name of the country is Nouvelle-Calédonie. New Caledonia capital city is Nouméa. People in New Caledonia speak the French language. In the year 1853, New Caledonia emerged as a sovereign political entity.
New Caledonia is located in the UTC +11:00 time zone, which is also called New Caledonia Time or NCT. The internet country code top-level domain (ccTLD) for New Caledonia is .nc. The International dialing code for New Caledonia is 687. People in New Caledonia drive on the right side of the road. Total land area of New Caledonia is 18,575 km² (approx. 7,172 mi²). New Caledonia is not a landlocked country. It means that is is bordered by at least one major body of water.
New Caledonia is located in Oceania. New Caledonia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.
Currently New Caledonia faces various issues, including erosion caused by mining exploitation and forest fires.
Doing business in New Caledonia
We offer various corporate services in New Caledonia jurisdiction. These services can serve both, people coming from New Caledonia and foreigners. If you plan on doing business in New Caledonia you might be interested in contacting us.
To find out about starting your business in New Caledonia click on company formation in New Caledonia.
To find out how to open a bank account in New Caledonia and moreover what type of account Confidus Solutions suggests to create, please click on bank account in New Caledonia.
Choose preferred service below or continue reading to find out more about New Caledonia.
Demographics of New Caledonia
The total population of New Caledonia is 279,821 people. In New Caledonia, the population density is 13.9 people per square kilometer (36 per square mile). Because of this statistic, this country is considered to be sparsely populated. The ethnic diversity is almost uniform according to a fractionalization scale which for New Caledonia is 0. New Caledonia has approximately 64290 foreign immigrants. The median age is approximately 31.1 years. In New Caledonia, 58 in every 100 people use internet.
The majority religion of New Caledonia is Christianity, New Caledonia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of New Caledonia.
Culture of New Caledonia
People in New Caledonia speak the French language. According to data on inbound tourists in New Caledonia, 108,000 tourists arrive in the country each year. The first McDonalds in New Caledonia was opened on 26 July 1994, and it was located in Nouméa. One of the most popular national dishes of New Caledonia is bougna. To read more click on culture of New Caledonia.
Geography of New Caledonia
New Caledonia is considered to be a large nation because of its total area. Its total land area is 18,575 km² (approx. 7,172 mi²). New Caledonia is located in Oceania. Its capital city is Nouméa. New Caledonia has no land borders.
The highest point of New Caledonia is Mont Panié, with its official height being 1628 m (5,341 ft). Including land mass and EEZ, the total area of New Caledonia is approximately 18,575 km² (~7,172 mi²). The most notable natural resources found in New Caledonia are nickel, chrome, iron, cobalt, manganese, silver, gold, lead, copper.To read more click on geography of New Caledonia.
Economy of New Caledonia
The currency of the country is cfp franc. The symbol used for this currency is Fr, and it is abbreviated as XPF. 14.8% of population in the country are unemployed. The total number of unemployed people in New Caledonia is 41,414. Each year, New Caledonia exports around $1.32 billion and imports roughly $3.24 billion. The Gini Index of the country is 43.32. New Caledonia has a government debt of 48.4% of the country's Gross Domestic Product (GDP), as assessed in 2014. New Caledonia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are nickel mining and smelting.
Each year, consumers spend around $5,559 million. The ratio of consumer spending to GDP in New Caledonia is 0%, and the ratio of consumer spending to the world consumer market is 0.016. The corporate tax in New Caledonia is set at 30%. Personal income tax ranges from 0% to 40%, depending on your specific situation and income level. To read more click on economy of New Caledonia.
Infrastructure of New Caledonia
In New Caledonia, 59.3% of the population has access to electricity. There are 34,231 internet hosts in New Caledonia. New Caledonia has 25 airports nationwide.
The number of road motor vehicles per 1000 inhabitants in New Caledonia is 57. To read more click on infrastructure of New Caledonia.
Politics of New Caledonia
New Caledonia, is a dependent territory. The head of the government is Emmanuel Macron.
In New Caledonia, the legislative power is vested in a Territorial Congress. To read more click on politics of New Caledonia.
Environment of New Caledonia
New Caledonia emits 15.2 metric tons per capita of CO2. The number of road motor vehicles per 1000 inhabitants in New Caledonia is 57. To read more click on environment of New Caledonia.
Company formation in New Caledonia
The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in New Caledonia.
When establishing a company in New Caledonia, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of New Caledonia that will affect the establishment and growth of one's business. Contact us or click on company formation in New Caledonia to read additional information when setting up a business.
Bank account opening in New Caledonia
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in New Caledonia. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.
When considering opening a bank account in New Caledonia, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in New Caledonia or contact us.