Job Recruitment Website - Ranking of immigration countries - Is it a good idea to immigrate to the country of Vanuatu?

Is it a good idea to immigrate to the country of Vanuatu?

Small island country

There is nothing to say about the scenery. Tourism is the pillar industry of their country and is known as Australia's back garden.

Low tax rate: Vanuatu’s tax rate is only 8.5, which is in sharp contrast to China’s tax rate of 67.3. The two are just at the opposite ends of the corporate tax burden rankings in the Asia-Pacific region. One is almost the highest and the other is almost the lowest. Vanuatu is known as the "tax haven" in the South Pacific, and its "total tax rate" is almost among the lowest in the world.

?This country has no such taxes as income tax, business tax, capital tax, real estate tax, inheritance tax, gift tax, withholding tax, etc. The only taxes that exist are those other than trade taxes, value-added tax and business licenses. Vanuatu is fully open economically and does not impose foreign exchange controls or global taxation.

Small island country

There is nothing to say about the scenery. Tourism is the pillar industry of their country and is known as Australia's back garden.

Low tax rate: Vanuatu’s tax rate is only 8.5, which is in sharp contrast to China’s tax rate of 67.3. The two are just at the opposite ends of the corporate tax burden rankings in the Asia-Pacific region. One is almost the highest and the other is almost the lowest. Vanuatu is known as the "tax haven" in the South Pacific, and its "total tax rate" is almost among the lowest in the world.