Welcome to Vanuatu, the 4th Happiest place in the World, according to the Happy Planet Index. Vanuatu is located in the Pacific Ocean, among Ocenaia islands west of Fiji and near north east Australia and Papua New Guinea. By flight, it is about 2.5 hours from Brisbane, Australia.
Some key facts about the country –
The population in Vanuatu is about 275,000. The official language is Bislama (which is a local language), English and French (which is from the previous colonial days).
The largest towns in Vanuatu are Port Vila, which is also the capital. The international airport is Bauerfield, which is only 10 minutes from Port Vila. Many international flights like Virgin Australia, Fiji Airways, Air New Zealand arrive at the airport daily.
The main economic industries in Vanuatu are agriculture, tourism, and offshore financial services. Agriculture provides a living for most of the population while tourism brings in much needed foreign exchange.
The island nation of Vanuatu is an important offshore financial centre, providing offshore services to clients from around the globe; the incorporation of offshore companies, Vanuatu trust management, offshore banking, the registrations of ships and vessels and electronic gaming. Vanuatu has also grown popular as a tax haven.
Companies operate there tax free and it is easy to incorporate companies. Many banks have set up in Vanuatu to provide offshore banking and banking services. Most importantly, there are strict laws concerning disclosure of information.