Vanuatu is an island nation by the South Pacific Ocean, made up of mountains, lush tropical rainforests, and turquoise blue waters. Vanuatu is the ultimate paradise for expats looking to upgrade their lifestyles.
Vanuatu is also known as an offshore financial center. They offer a wide variety of banking, investing, legal, accounting, insurance, and trust services. Also, there is no estate or inheritance taxes, no capital gains taxes, no dividend distribution taxes, no capital gains taxes, no withholding taxes, no foreign currency controls, no company regulations, easy administration, or privacy, etc.
Last year, the Vanuatu Government launched several programs to grant citizenship or residency to foreigners who make investments or donations to the country. The new Vanuatu citizenship by investment program came into effect in 2017, by which through a donation a foreigner can obtain a Vanuatu passport, considerably valuable after the visa waiver agreements with Russia and the Schengen area.