Tax Appeal of Vanuatu

In the world of investment migration, Vanuatu stands out as one of the countries with the lowest entry barriers. Located in the Pacific, northeast of Australia, Vanuatu is about a three-hour flight from Brisbane.

The advantages of Vanuatu's Citizenship by Investment (CBI) program are as follows:

• A donation of just $80,000 or more
• Passport issuance in about one month
• No residency requirements

It’s a straightforward "money-for-passport" deal—simple and direct. However, such an affordable program inevitably comes with significant drawbacks, including its limited use as a stepping stone to Europe or the US, a relatively small number of visa-free countries, and lower international recognition. With such low barriers, does Vanuatu, like Turkey, make up for it through taxes? Or is it truly a tax haven?