The Republic of Vanuatu is an island nation in the South Pacific Ocean and located between New Zealand and Australia. The tropical chain of Vanuatu islands in the Pacific Ocean has no military at all. Vanuatu is an extremely peaceful country despite its immense cultural diversity where over 130 languages are spoken. The major languages spoken however is English, French and Bislama.
Vanuatu consists of approximately 83 islands, previously known as the New Hebrides. The country was previously jointly governed by a British and French administration before gaining independence on 30 July 1980 .
The capital city of Vanuatu is Port Vila and the country have a population of approximately 307 000. The size of this island nation is approximately 12 190km².
Vanuatu has the highest Happy Planet Index Score outside of the Americas. People living in Vanuatu have greater well-being than those living in South Africa or a country such as Japan. Happiness has become a part of the national brand of the Republic of Vanuatu. Unemployment is below 2 % and the inflation rate is 2.7 % (2022).
Vanuatu is well known as the ‘Bahamas’ of the Pacific. Its offshore financial system is well served by banks. There are 11 banks licensed to operate in the country both locally owned and as subsidiaries of major foreign owned banks. Vanuatu can truly be deemed a tax free haven as there are no taxes on profits, no capital gains tax and also no withholding tax
Holders of Vanuatu passports can now enjoy financial freedom and many of these tax free benefits.
Contact us now for more information of the Vanuatu Citizenship by Investment Programme.