Vanuatu is a small republic made up of an archipelago of 83 islands of the South Pacific Ocean. Last years, the Vanuatu’s Government has launched several programs to grant citizenship or residency to foreigners who make investments or donations to the country. The new citizenship by investment program came into effect last January. 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. In addition to all 26 Schengen Area countries, Vanuatuans may now visit the non-Schengen Member states of the Cyprus, Romania and Bulgaria, as well as continued access to the United Kingdom and Ireland which has existed for a long time thanks to the islands former ties to Britain.

Vanuatu is also known as an offshore financial center. Offshore services is one of the largest sectors of Vanuatu’s economy. With around 5,000 registered institutions offering a wide range of banking, investment, legal, accounting, insurance and trust services. No corporate or individual income tax, no dividend distribution taxes, no capital gains taxes, no withholding taxes, no estate and inheritance taxes, no foreign exchange controls and company regulations lay on easy administration and privacy.