Live the Life of Your Dreams and Set Up Business in Vanuatu Satisfactorily
Of all the dreams that most people yearn is, to live on an island generating money passionately. If you were to set up business in Vanuatu, this is likely possible. Chances are, you are looking around at list of these places right now. Here you go, some of the reasons that would probably confirm your decision to move to an island right away.
Land of Islands
Vanuatu is made up of islands, and each island comes with its distinct beauty and charm. Despite being hit by Cyclone Pam, Vanuatu is rapidly building up again to attract investors to their home further. If you like the sun all year round and would not mind a rainy season or two, Vanuatu will suit you best. Food shortage is unheard of as its fertile land means there will always be food to plant and harvest. Even if you have a taste only for meat, there are also cattle raising on these islands. Hence, there is no need to worry about not getting your occasional hamburger. The locals live with content with whatever nature and the government has provided them. The locals even have a local botanical drink made of kava that makes living in Vanuatu even more valuable. Kava is also one of the major exports from Vanuatu.
Vanuatu is multicultural. The people of Vanuatu are still firmly rooted in their traditional ceremonies and heritage. Despite that fact, they had strong foreign influence when the French and British were governing Vanuatu simultaneously. Its people are peace-loving individuals that respect people from all walks of life and expects the same in return. The official languages in Vanuatu are Bislama, French and English.
Surprise, surprise, Vanuatu is a true tax haven. This is so because it does not have an income tax, withholding tax, corporate tax, capital gains or death duties. The government generates income through a value-added tax on goods and services, which is typical anywhere in the world. Since tourism is among the main economic pillars of Vanuatu, there is a need to import products. As such, the government also imposes a range of duties on imported goods.
There is no end to business opportunities for an entrepreneur planning to set up business in Vanuatu. There are further opportunities in agriculture where it is partially a culture of Vanuatu, with the government willing to assist as much as possible. The government of Vanuatu also encourages businesses in fishing, forestry and timber products. However, these sectors come with restrictions to ensure natural resources are not over-exploited.
As with most island environment, the laidback approach to life from the locals will rub on to you. Hence, set up a business in Vanuatu and conducting them will require a similar method. This is called Island Time. But lifting a finger to get on with business will probably take a backseat when it is in Vanuatu. Business in Vanuatu is different, and if you desire a unique opportunity, make a move.