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Tonga Real Estate

We offer Tonga real estate investment information for Nuku'alofa, Neiafu and the Islands of Tongatapu, Kao, Pangai and Vava'u. Scroll down for more information about the Tonga.

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Tonga Real Estate

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About Tonga

Tonga Population: 110,237 (July 2004 est.)
Languages: Tongan, English
Capital: Nuku'alofa
Government Type: Hereditary constitutional monarchy.
Independence Day: 4 June 1970 (from UK protectorate)
Legal System: Based on English law.
Currency: pa'anga (TOP)

Executive Branch:

Chief of State: King Taufa'ahau TUPOU IV (since 16 December 1965).

Head of Government: Prime Minister Prince Lavaka ata ULUKALALA (since NA February 2000) and Deputy Prime Minister James C. COCKER (since NA January 2001).

American Embassy: None
Mailing Address: None
Telephone: None

General Overview: The archipelago of "The Friendly Islands" was united into a Polynesian kingdom in 1845. It became a constitutional monarchy in 1875 and a British protectorate in 1900. Tonga acquired its independence in 1970 and became a member of the Commonwealth of Nations. It remains the only monarchy in the Pacific.

Economic Overview: Tonga, a small, open, South Pacific island economy, has a narrow export base in agricultural goods. Squash, coconuts, bananas, and vanilla beans are the main crops, and agricultural exports make up two-thirds of total exports. The country must import a high proportion of its food, mainly from New Zealand. Tourism is the second-largest source of hard currency earnings following remittances. The country remains dependent on external aid and remittances from Tongan communities overseas to offset its trade deficit. The government is emphasizing the development of the private sector, especially the encouragement of investment, and is committing increased funds for health and education. Tonga has a reasonably sound basic infrastructure and well-developed social services. High unemployment among the young and the continuing upturn in inflation are major issues facing the government.

International Disputes: None

Tonga Map

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