Investors often come to our office already having found property they want to lease and having already reached an agreement with the owner on the price. They ask us what to do next? This article is a simple summary of what comes next.1 Step 1. Sign an Agreement to...
Worker’s Compensation, Holiday & Vacation Pay and Overtime Pay New investors to the CNMI often ask what benefits are they required to provide their employees. Unlike government employments, there are very few benefits that an employer in the private sector must...
The 2018 CW Act (The Northern Mariana Islands U.S. Workforce Act of 2018) A big concern for new investors to the CNMI is how they will staff their businesses. The CNMI has a very small labor pool, and essentially full employment.1 New investors hear about CW Visas and...
“I have a bridge to sell you…” Or, How to Use PTRs when you Lease Land on Saipan so that You Know Who Really Owns It George C. Parker was known as the greatest con-man in American history (until maybe Bernie Madoff came along). From about 1900 to 1928 Parker, using...
For new investors on Saipan, there are many decisions to be made. Where will you open your business? Who will you hire? How will you find customers? But one of the first decisions that you will have to make is, what form of a business should the new business be? This...
When advising foreign investors on setting up business in the Commonwealth of the Northern Mariana Islands (the “CNMI”), the topic of investment visas often comes up. The CNMI is subject the immigration laws of the United States. What visa programs will work in the...
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