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How much does it cost to buy a house in Vanuatu?
Self-occupation:
If you buy a house to live in, but you don't have a permanent residence card there, it's no use, and you can't live there several times a year. If you have money, forget it.
Investment (investment convenience):
The threshold for foreigners to buy real estate in Vanuatu is very low. Buyers can invest without obtaining resident status. In addition, there will be no restrictions on the types and quantities of real estate that buyers can buy. Foreign owners can rent their properties for a long time without applying for any business license or permit, and there is nothing in the country to prevent them from recovering their funds by selling or renting Vanuatu's properties.
Vanuatu will not levy income tax, corporate tax, land tax and death tax on property buyers. Local banks in Vanuatu will provide 70% to 80% of land and housing portfolio loans to approved applicants based on the credit certificates of customers.
Open a homestay:
You can also open a homestay. The main source of this country is tourism. People from different countries visit this country every day, so it is also a good choice to open a homestay.
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