ohnpei seeks to promote foreign investment ventures which are harmonious with its development goals. Specifically, business activity which will provide additional goods and services, provide employment opportunities, and responsibly develop Pohnpei's natural resources and attributes are strongly encouraged. Pohnpei's relationship with the United States creates many unique aspects attractive to investors. While both English and Pohnpeian are the official languages, nearly all business and governmental work is conducted in English. The currency is the U.S. dollar and exports to the United States are duty free. Pohnpei's workforce is also uniquely suited to investors. FSM citizens are entitled to live and work in the United States and may receive educational grants, such as the Pell Grant. The minimum wage is $1.35.
Department of Resources and Development
P.O. Box PS-12, Palikir, Pohnpei 96941, Federated States of Micronesia Phone: (691) 320-2646, Fax: (691) 320-5854, Email: fsmrd@dea.fm