Recently, the Vanuatu National Statistics Office released the Consumer Price Index (CPI) for the third quarter of 2019. The data shows that the CPI in September 2019 rose by 1.2% compared to the previous quarter. The expenditure categories contributing to the CPI increase were: food, housing supplies, communications, housing utilities, transport, and miscellaneous. Expenditures on tobacco, health, recreation, and education remained unchanged. However, clothing and footwear decreased by 0.4% compared to the previous quarter.
What is the CPI?
CPI is the abbreviation for Consumer Price Index. It has always been one of the key indicators for a country to assess economic development. It reflects price changes in products and services related to residents' daily lives and is typically used as an important indicator for observing inflation levels.
Vanuatu's CPI is in an ideal range
Generally, market economy countries consider a CPI growth rate of 2%-3% to be within an acceptable range. An increase in CPI indicates an increase in private consumption, which can stimulate the economy and play a positive role in economic development. Judging from the CPI data released by the Vanuatu National Statistics Office in recent years, its CPI growth has consistently remained within an ideal range.
Vanuatu is increasingly favored by global investors
Vanuatu has a high degree of market openness and convenience, a relatively sound legal system, and a government that encourages foreign investment, with a continuously improving investment environment. Vanuatu offers preferential tax policies, with no personal income tax, corporate tax, capital gains tax, or inheritance tax. In recent years, benefiting from its superior tax system and booming tourism industry, Vanuatu has continuously attracted international capital, possessing broad development prospects and significant investment opportunities!
New Act, New Program, New Price
In 2019, the Vanuatu government passed and enacted the Citizenship (Amendment) Act No. 34 of 2018 and the Nationality (Development Support Program) Regulation No. 33 of 2019, launching the Vanuatu Development Support Program (DSP) for global investors and standardizing global pricing. Currently, this program has arrived in China, allowing Chinese investors to save approximately 20,000 USD while investing in the Vanuatu citizenship-by-investment program and enjoying the same rights as Vanuatu citizens!
Good news! Currently, you can apply for a Vanuatu passport from a Commonwealth country starting from 80,000 USD, become a citizen of a Commonwealth country, and start an international lifestyle! Among countries currently offering citizenship-by-investment programs, Vanuatu's program is relatively low-cost, has a relatively relaxed background check, and offers fast approval speeds. The arrival of the Vanuatu Development Support Program has attracted significant attention from global investors and is set to be a hot market!
9 Major Advantages of the Vanuatu Development Support Program
1. Global Program: A new immigration act for global investors;
2. Fast Approval: Citizenship certificates and passports are expected to be issued in 6-8 weeks;
3. Relaxed Background Checks: Low threshold, no interviews, no need to land, no residency requirements;
4. Reliable Status: Fully supported by the Vanuatu government, granting citizenship;
5. Low Investment Amount: Starting from 80,000 USD, three generations of a family can apply for a Commonwealth passport;
6. Convenient Travel: Visa-free or visa-on-arrival access to nearly 130 countries and regions, including EU countries such as the UK, France, Germany, and Italy; and Asian countries and regions such as Hong Kong (China), Singapore, and Malaysia;
7. Quality Education: Children can enjoy authentic British-style education and have the opportunity to easily enroll in top domestic universities without written exams;
8. Preferential Tax System: No personal income tax, corporate tax, capital gains tax, or inheritance tax; no global taxation;
9. High Happiness Index: The country is stable and safe, adjacent to Australia and New Zealand, with a beautiful environment and a vacation paradise.
As an active promoter of Commonwealth citizenship-by-investment programs, WorldWay Group has always maintained good trust, interaction, and cooperation with the Vanuatu government.
Asset allocation, status first! Subscribe to the Vanuatu government's Development Support Program open to global investors, save 20,000 USD, first come, first served! For details, please consult: 400-138-2929
Great news! To thank new and old clients for their continued trust and support, at the end of 2019, WorldWay is launching a "Year-End Special, Giving Back to Clients" promotion across all lines. From December 1, 2019, to December 31, 2019, WorldWay will provide detailed introductions to many popular programs favored by the market, with 19 immigration programs to choose from, and investment amounts as low as 80,000 USD. Enjoy major discounts when signing up during the event period. Please seize the opportunity!
