Low Taxes

The country boasts an advantageous tax regime which is enhanced by several unique features when compared to many other countries which are commonly called “offshore finance centres”.

Vanuatu’s international finance centre has been established for almost 40 years and has no:
• income tax
• capital gains tax
• withholding tax
• estate duties
• exchange controls

The low tax regime has attracted more than the country’s fair share of banks, chartered accounting firms, legal firms and trust companies, who assist new investors to establish themselves in the country.

Stability
One aspect of investment that is often overlooked is the stability of Government. Vanuatu has been lucky over the years of having a stable government, without the problems which have featured in many other South Pacific Island countries.

This stability is testimony to the ni-Vanuatu people, who have an innate ability to find solutions to problems which may not be seen by supposedly more “sophisticated” people.  Vanuatu has enjoyed unprecedented growth in GDP over the past 6 years, averaging out at 6.3% based on the latest (2008) available figures.  Vanuatu will of course, be affected by the world’s Global Financial Crisis, but most local bankers and economists believe that it will be affected much less than most other countries.