The indian authorities announced on friday that fugitive businessman Lalit Modi has requested to give up his indian passport and obtain Vanuatuan citizenship. Vanuatu offers a well-liked citizenship by investment program that enables wealthy people to purchase its passport.
However, where is Vanuatu? Let's comprehend that as well as some other important national facts.
Location
65 of the 83 volcanic islands that make up Vanuatu—which means "Our Land Forever" in the local tongues—are inhabited. It is situated north of new zealand and east of australia in the South Pacific Ocean. The third-largest island in Vanuatu, Efate, is home to the country's capital, Port Vila. The nation's total land area is 12,199 square kilometers, which is less than Nagaland's.
Individuals and culture
With a population of 3,00,019 as of 2020, Vanuatu is even smaller than the andaman and nicobar islands of India.
According to the 2020 census, almost 93% of Vanuatu's population identified as Christian. While english and French are recognized languages, Bislama is the national language and an official language as well. Rural areas are home to about 75% of the nation's population.
Economy and Culture
According to government figures, 65% of Vanuatu's population makes their livelihood from subsistence or small-scale agriculture, which is the country's main economic activity.
Remarkably, Vanuatu does not impose wealth, inheritance, capital gains, or personal income taxes on its residents.
For approximately USD 135,000 (or Rs 1.17 crore) each applicant, the island nation is well-known for its citizenship program.
However, where is Vanuatu? Let's comprehend that as well as some other important national facts.
Location
65 of the 83 volcanic islands that make up Vanuatu—which means "Our Land Forever" in the local tongues—are inhabited. It is situated north of new zealand and east of australia in the South Pacific Ocean. The third-largest island in Vanuatu, Efate, is home to the country's capital, Port Vila. The nation's total land area is 12,199 square kilometers, which is less than Nagaland's.
Individuals and culture
With a population of 3,00,019 as of 2020, Vanuatu is even smaller than the andaman and nicobar islands of India.
According to the 2020 census, almost 93% of Vanuatu's population identified as Christian. While english and French are recognized languages, Bislama is the national language and an official language as well. Rural areas are home to about 75% of the nation's population.
Economy and Culture
According to government figures, 65% of Vanuatu's population makes their livelihood from subsistence or small-scale agriculture, which is the country's main economic activity.
Remarkably, Vanuatu does not impose wealth, inheritance, capital gains, or personal income taxes on its residents.
For approximately USD 135,000 (or Rs 1.17 crore) each applicant, the island nation is well-known for its citizenship program.
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