GEDA (Guam Economic Development Authority) located at the International Trade Center, Guam, has recently started the desk service for all potential investors. Services offered to prospective investors are industry research, pre-visit meeting schedule, and meetings with government entities to ensure you get the best support from the government.
To make it easier for investors, Guam has participated in US federal government economic incentive programs such as the Guam Foreign Investment Fairness Act, the Visa Waiver Program, and the Immigrant Investor Visa Program, etc.
Guam Foreign Investment Fairness Act: Guam’s tax law is a replica of the US International Revenue Code. Under the code, for foreign investors, a standard 30% state income tax applies. .
The Guam Foreign Investment Fairness Act, Law 107-212, was signed by the former US President, Mr. George Bush, in the year 2002. Under the law, foreign companies can finance 75% of the general commercial development of Guam.
Visa Waiver Program: The Visa Waiver Program is found under US Congress PL 98-454. The program allows investors of other nationalities to stay in Guam as tourists for 15 days, without having a US visa. Currently, 27 countries are covered by this program, including Andorra, Australia, Austria, Belgium, Brunei, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Indonesia, Japan, Liechtenstein, Luxembourg, Monaco, Malaysia, the Netherlands, New Zealand, Norway, Nauru, Portugal, Papua New Guinea, Republic of South Korea, San Marino, Singapore, Slovenia, Spain, Sweden, Switzerland, Solomon Islands, Taiwan, United Kingdom, Vanuatu, and Western Samoa.
In addition to the countries mentioned above, other countries require a US passport and Visa.
Immigrant Investor Visa Program: Immigration Act of 1990, allows all qualified applicants to obtain a green card from the government (permanent resident status). The minimum investment in Guam must be $1,000,000 which may include equipment, inventory, cash and other tangible property.