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The program originally requires a minimum investment of €250,000 in real estate or €400,000 in securities or a bank deposit in Greece. [19] The investors' close family members also receive a residence permit without further investment requirements, including their spouse, children up to 21 years old, parents and parents-in-law.
In the first, real estate developer John Avram and his Melbourne-based associates suggested developing an offshore financial centre on Moso Island with its own bank, casino, companies registrar, financial markets, and through it to offer Vanuatu residency and citizenship to business investors. The scheme was approved but never came to fruition.
Air Vanuatu has its head office in Vanuatu House in Port Vila. [16] Major industries in the city remain agriculture and fishing. Tourism is also becoming important, especially from Australia and New Zealand. There were over 80,000 visitors in 1997. [17] Vanuatu is a tax haven, and offshore financing in Port Vila is an important part of the economy.
Vanuatu (English: / ˌ v ɑː n u ˈ ɑː t uː / ⓘ VAH-noo-AH-too or / v æ n ˈ w ɑː t uː / van-WAH-too; Bislama and French pronunciation), officially the Republic of Vanuatu (French: République de Vanuatu; Bislama: Ripablik blong Vanuatu), is an island country in Melanesia located in the South Pacific Ocean.
The return of the Vanuatu effigies, the largest of them 11-1/2-ft (3.5-m) -long and weighs 700 pounds (318 kg), posed the biggest logistical challenge the art crime team has faced, McKeogh added.
Vanuatu scored 32.06 (versus a worldwide score of 42.94, lower scores translating to higher risk) on the June 2013 Euromoney Country Risk rankings. [12] All "$" units are US Dollar. GDP: purchasing power parity - $1.237 billion (2012 est.) GDP - real growth rate: 2.6% (2012 estimate) GDP - per capita: purchasing power parity - $ 4900 (2012 est.)
LONDON (Reuters) -The dollar fell broadly on Monday, while European stocks jumped, after an official for the incoming U.S. administration said President-elect Donald Trump would stop short of ...
To date, the sale of Birgus has been directly governed by the fluctuating demand of the tourist market in faraway Port Vila and, to a lesser degree, the provincial township of Luganville. Predictably, the high demand for crab resulted in a gradual but incremental decline in the Birgus population across North Vanuatu, and led to a visible ...