Northern Mariana Islands
The ISO code of Northern Mariana Islands is MP according to the ISO 3166 standard. The local name of the country is the same as its English name. Northern Mariana Islands capital city is Saipan. People in Northern Mariana Islands speak the English, Carolinian, and Chamorro languages. In the year 1521, Northern Mariana Islands emerged as a sovereign political entity.
Northern Mariana Islands is located in the UTC +10:00 time zone, which is also called Chamorro Time Zone or ChST. The internet country code top-level domain (ccTLD) for Northern Mariana Islands is .mp. The International dialing code for Northern Mariana Islands is 1670. People in Northern Mariana Islands drive on the right side of the road. Total land area of Northern Mariana Islands is 464 km² (approx. 179 mi²). Northern Mariana Islands is not a landlocked country. It means that is is bordered by at least one major body of water.
Northern Mariana Islands is located in Oceania. Northern Mariana Islands 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 Northern Mariana Islands faces various issues, including contamination of groundwater on Saipan that may contribute to disease, clean-up of landfill, protection of endangered species conflicts with development.
Doing business in Northern Mariana Islands
We offer various corporate services in Northern Mariana Islands jurisdiction. These services can serve both, people coming from Northern Mariana Islands and foreigners. If you plan on doing business in Northern Mariana Islands you might be interested in contacting us.
To find out about starting your business in Northern Mariana Islands click on company formation in Northern Mariana Islands.
To find out how to open a bank account in Northern Mariana Islands and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Northern Mariana Islands.
Choose preferred service below or continue reading to find out more about Northern Mariana Islands.
Demographics of Northern Mariana Islands
The total population of Northern Mariana Islands is 55,194 people. In Northern Mariana Islands, the population density is 118 people per square kilometer (307 per square mile). Because of this statistic, this country is considered to be densely populated. The ethnic diversity is almost uniform according to a fractionalization scale which for Northern Mariana Islands is 0. Northern Mariana Islands has approximately 22000 foreign immigrants. The median age is approximately 31.6 years. In Northern Mariana Islands, 0 in every 100 people use internet.
The majority religion of Northern Mariana Islands is Christianity, Northern Mariana Islands 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 Northern Mariana Islands.
Culture of Northern Mariana Islands
People in Northern Mariana Islands speak the English, Carolinian, and Chamorro languages. One of the most popular national dishes of Northern Mariana Islands is spiced fish with vegetables. To read more click on culture of Northern Mariana Islands.
Geography of Northern Mariana Islands
Northern Mariana Islands is considered to be a large nation because of its total area. Its total land area is 464 km² (approx. 179 mi²). Northern Mariana Islands is located in Oceania. Its capital city is Saipan. Northern Mariana Islands has no land borders.
The highest point of Northern Mariana Islands is Mount Agrihan, with its official height being 965 m (3,166 ft). Including land mass and EEZ, the total area of Northern Mariana Islands is approximately 464 km² (~179 mi²). The most notable natural resources found in Northern Mariana Islands are arable land, fish.To read more click on geography of Northern Mariana Islands.
Economy of Northern Mariana Islands
The currency of the country is United States dollar. The symbol used for this currency is $, and it is abbreviated as USD. 10.5% of population in the country are unemployed. The total number of unemployed people in Northern Mariana Islands is 5,795. Each year, Northern Mariana Islands exports around $0.1 billion and imports roughly $0.21 billion. The Gini Index of the country is 38.57. Northern Mariana Islands has a government debt of 21% of the country's Gross Domestic Product (GDP), as assessed in 2012. Northern Mariana Islands 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 tourism, banking, construction, fishing, handicrafts, other services.
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Northern Mariana Islands is $1 billion. Personal income tax ranges from 10% to 30%, depending on your specific situation and income level. VAT in Northern Mariana Islands is 5%. To read more click on economy of Northern Mariana Islands.
Infrastructure of Northern Mariana Islands
There are 17 internet hosts in Northern Mariana Islands. Northern Mariana Islands has 5 airports nationwide.
To read more click on infrastructure of Northern Mariana Islands.
Politics of Northern Mariana Islands
Northern Mariana Islands, is a territorial presidential constitutional republic. The head of the government is Donald Trump.
In Northern Mariana Islands, the legislative power is vested in a Commonwealth Legislature. To read more click on politics of Northern Mariana Islands.
Environment of Northern Mariana Islands
To read more click on environment of Northern Mariana Islands.
Company formation in Northern Mariana Islands
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 Northern Mariana Islands.
When establishing a company in Northern Mariana Islands, 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 Northern Mariana Islands that will affect the establishment and growth of one's business. Contact us or click on company formation in Northern Mariana Islands to read additional information when setting up a business.
Bank account opening in Northern Mariana Islands
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Northern Mariana Islands. 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 Northern Mariana Islands, 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 Northern Mariana Islands or contact us.