Vanuatu Facts: Islands, Culture & Investment

StephenMarch 10, 20251 Mins read

Vanuatu Facts: Fugitive Billionaire Lalit Modi Surrenders Indian Passport But his passport was revoked by the prime minister of Vanuatu, drawing attention to this Pacific island nation.

Here are 10 interesting facts about Vanuatu:

1.A group of Pacific islands

In the South Pacific Ocean is the island country of Vanuatu.This group consists of 83 islands, 65 of which are inhabited.

2. The Location of It

Vanuatu is to the north of New Zealand and to the east of Australia, between Fiji and Australia. The capital and largest city of the nation, Port Vila, is located on Efate Island.

3. Multilingual Society

The national language is Bislama, a Creole language.French and English are also recognized as official languages.

4. A Haven Free of Taxes

Income tax, capital gains tax, inheritance tax, and exchange regulation are all nonexistent in Vanuatu. It makes money from agricultural exports, tourism, and VAT.

5. Citizenship-by-Investment Program

Vanuatu allows foreigners to obtain citizenship by making a financial contribution, typically around $150,000. This program significantly contributes to the country’s economy.

6. Travel Without a Visa

Investors are drawn to Vanuatu’s citizenship program because its residents have visa-free or visa-on-arrival access to 56 countries.

7. A Diet Based on Local Harvest

The people of Vanuatu mainly consume locally grown foods, including root vegetables like yams, taro, and sweet potatoes. Another mainstay of their diet is fish.

8. A Nation of Fishermen

Fishing is the main source of income for about 90% of Vanuatu households, both for consumption and trade.

9. The Volcano Activity

Mount Yasur, one of the most accessible volcanoes in the world, is one of the many active volcanoes in Vanuatu.In the area, underwater volcanic activity is also frequent.