High Potential Identified in Vanuatu Real Estate
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Pacific Island Vanuatu has featured in The Lonely Planet top ten places to visit in 2011 at the same time they have been identified by an overseas property portal Homesgofaast.com as a potential investment hot spot.
Vanuatu consists of a a string of more than 80 islands once known as the New Hebrides it achieved independence from France and Britain in 1980. The archipelago, which is of volcanic origin, is some 1,750 kilometres (1,090 mi) east of northern Australia, 500 kilometres (310 mi) northeast of New Caledonia, west of Fiji, and southeast of the Solomon Islands, near New Guinea.
Lonely Plant influential guides named several other off-beat places to visit in 2011 among the top destinations were Cape Verde, Bulgaria, Vanuatu and Syria.
Overseas property portal Homesgofast.com launched a dedicated section to promote real estate in the Pacific Island of Vanuatu. The islands presents several advantages for overseas property investors and those seeking a new place to consider for a second home abroad .
Vanuata is considered tax friendly with no personal income tax, corporate tax, no death duties and no land tax. Investors are welcomed to Vanuatu and may apply for residency..
Vanuatu is
an independent republic, and a full member of the Commonwealth.
It is made out of 84 islands, and has a population of about 225,000. The
main international airport is at Port Vila, a new real estate development is at Pacific Haven Resort about 20
min drive from the airport and 13 min drive from downtown Port Vila.
The American government has just supplied Vanuatu with a $60 million grant to build a tar-sealed road all the way around the island. The Chinese government has provided grant of $66 million for the upgrading of the tour ship wharf with over 181 nights a year of visiting ships cruising the South Pacific.
With the introduction of Virgin Air and Air New Zealand flights, Vanuatu have had an increase of up to 100,000 tourists arriving by air per annum - a 75% increase in 36 months.
For the latest opportunities and information about Vanuatu go to Vanuatu real estate
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