SECURITIES AND EXCHANGE COMMISSION

                      Washington, D.C. 20549



                             FORM 8-K

                          CURRENT REPORT

                 Pursuant to Section 13 or 15(d)
              of the Securities Exchange Act of 1934


                DATE OF REPORT:  November 27, 1996
                (Date of earliest event reported)



                    NU SKIN ASIA PACIFIC, INC.
      (Exact name of registrant as specified in its charter)


    Delaware                 001-12421                  87-0565309
 (State or other            (Commission              (I.R.S. employer
jurisdiction of             file number)             identification no.)
incorporation or
 organization)               


                      75 West Center Street
                        Provo, Utah  84601
             (Address of principal executive offices)


                          (801) 345-6100
       (Registrant's telephone number, including area code)



             There is no Exhibit Index to this filing
                           Page 1 of 3


Item 9.  Sales of Equity Securities Pursuant to Regulation S


      On November  27, 1996,  Nu  Skin  Asia Pacific,  Inc.  (the
"Company")  completed its  initial public  offering  of 9,100,000
shares of Class A Common Stock which had been registered pursuant
to   a  Registration  Statement  filed  with  the  United  States
Securities and Exchange Commission as Registration Statement  No.
333-12073  which  was  declared   effective  November  21,  1996.
Included  in  the  9,100,000  shares  of  Class  A  Common  Stock
registered by the Company were 1,976,658 shares of Class A Common
Stock (the "International Tranche Shares") which were offered and
sold  by  the Company  through an  underwriting syndicate  led by
Merrill Lynch International pursuant  to Regulation S promulgated
under the Securities Act of  1933, as amended.  The International
Tranche Shares were sold  at a price to the public  of $23.00 per
share.  The  total consideration received by the  Company and the
selling  stockholders participating in the offering from the sale
of   the   International   Tranche   Shares   was   approximately
$42,689,882.   


                            SIGNATURES


      Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant  has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.


                                   NU SKIN ASIA PACIFIC, INC.
                                             (Registrant)



                                   By:  /s/  M. Truman Hunt      
                                        M. Truman Hunt
Date:  December 9, 1996            Its: Vice  President
                                        o f   L e g a l
                                        Affairs     and
                                        I n v e s t o r
                                        Relations