The CNMI is a very easy going place, especially to live and work and like any place in the world it is what you make of it. There are a few things that make it a little harder to get investors in the door which are really only on the surface. Article 12 & the Zoning Law can in some cases scare off some investors, but if you’re serious about investing then these issues are benign because if you cannot earn your money back in 55 years, then you definitely should not have invested. The CNMI does offer Investor Tax breaks which make it an ideal location to place you investments. I find that with most of my 55 year leases, in the current economy it takes me about 10 to 20 years to recover my investment and the remaining is my profit, which would be 45 to 35 years worth. If you like to play the money market then you will love the CNMI, Life is a risk but just think how much your return would be if Article XII ever went away and all Privately held lands became fee simple. From that point on the CNMI would have equity again and the banks would start loaning money based on equity values and you just watched your investment sky rocket, and you are ready to retire a wealthy individual. I call this a bonus as you should already double or even triple your original investment with in the 55 year period and then imagine what the value of your investment would be with equity attached, Mind boggling isn’t it.

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