Vanuatu is a South Pacific Ocean nation made up of 80 plus islands in an archipelago that stretches 1,300 kilometers. Multiple waves of colonizers, each speaking a distinct language, migrated to the New Hebrides in the millennia preceding European exploration in the 18th century.
This settlement pattern accounts for the complex linguistic diversity found on the archipelago to this day. The British and French, who settled the New Hebrides in the 19th century, agreed in 1906 to an Anglo-French Condominium, which administered the islands until independence in 1980, when the new name of Vanuatu was adopted.
Vanuatu Information Centre is offering an honorary citizenship programme – your chance at claiming citizenship to the beautiful Pacific nation of Vanuatu.
Started in January 2017, The Government of the Republic of Vanuatu has created the new Vanuatu Honorary Citizenship regulation to establish the Development Support Programme (DSP), the provision enacted by the powers of the Prime Minister himself.
The application fees will, in turn, be contributed to promoting the infrastructure and economical development of Vanuatu, while providing a second citizenship to a tax free citizenship to a tropical island that is ranked 4th in Happiest Planet Index and providing visa free access to 127 countries globally.
Vanuatu has zero corporate tax, it also has no income tax, no capital gains tax, no estate tax, no wealth tax, no withholding tax, no gift tax and no other personal income taxes. Aside from a locally applied 12.5% VAT, there are almost no taxes at all.
With such a taxation regime in place for international companies and offshore companies incorporated in the jurisdiction, Vanuatu can rightly be considered as a “Tax Haven” – and one of the most attractive in the World from many perspectives.
In summary, Vanuatu is a pure tax haven for the simple fact that the offshore jurisdiction has no income or corporate taxes for both residents and foreigners.