A bill requiring non-American Samoan nationals to pay a bond of half a million dollars as a condition to doing business there, has been introduced in the Fono.
Authored by Senator Tuiagamoa Tavai, the bill proposes that any non-American Samoan national who is a principal of a foreign corporation must pay a bond of US$500,000 to operate in the territory.
The governor Togiola Tulafono says he'll soon be sending a trade mission to New Zealand and Australia to entice investors to set up in the territory.