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Are the Marshall Islands right for you?
Located nearly midway between Indonesia and Hawaii, the Marshall Islands are the easternmost island group in Micronesia. The Marshall Islands cover approximately 2 million sq km in the Central Pacific Ocean, with two 1,280 km long parallel chains of atolls and volcanic islands separated by 179 km of sea. The Islands feature sandy beaches ringed by coconut laden palm trees, and surrounded by crystal-clear lagoons teeming with tropical fish, giant turtles and colourful coral.
Population
The Islands have a population of just over 60,000 most of who live in the capital Majuro.
Political Structure
The government of the Marshall Islands operates under a mixed parliamentary-presidential system. Elections are held every four years in universal suffrage (for all citizens above 18 years of age) with each of the twenty-four constituencies electing one or more representatives (senators) to the lower house of RMI's bicameral legislature, the Nitijela. (Majuro, the capital atoll, elects five senators.) The President, who is head of state as well as head of government, is elected in his turn by the 33 senators of the Nitijela.
Legislative power lies with the Nitijela. The upper house of Parliament, called the Council of Iroij, is an advisory body comprising twelve tribal chiefs.
The legal system is administered by courts whose judges are appointed by the Cabinet. The court system consists of local courts of first instance, a Traditional Rights Court with jurisdiction over real property matters and a High Court with maritime jurisdiction. Appeals may be brought before the Supreme Court in all cases.
Infrastructure and Economy
The infrastructure in the Marshall Islands is more sophisticated than most other nations in the region. The two islands with most of the population, Majuro and Ebeye both have reliable power plants and public water systems. There are two international airports and 26 airstrips scattered throughout the larger islands. There are also 12 deep-water docks for large ocean ships.
Excellent international communications on Majuro and Ebeye are provided by satellite links for telephone, fax and telex. Presently, there are two banks, both on Majuro, and one of which is FDIC insured.
Language
Languages spoken are Marshallese and English.
Currency
US Dollar.
Exchange Control
None
Law
Common Law for corporate matters.
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Disclaimer
The materials contained on this web page are provided for general information only and do not constitute any form of legal definition or advice. IFC Recruitment assumes no responsibility for the accuracy of any particular statement and accepts no liability for any loss or damage which may arise from reliance on the information contained on this site.
References
1. Wikipedia profile: Marshall Islands
2. CIA World Factbook entry: Marshall Islands
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