Certainty and Predictability ASSURED in your investment in Vanuatu
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Government’s Pro-Foreign Direct Investment Policy – The Government is convinced FDI is best option for capital inflow that accelerates growth and offers sustainable and long term benefits.
It therefore has in its investment and related policies emphasis on:
- There is confirmation that Vanuatu remains open to foreign investment - that is why we have 100 % foreign ownership & Joint Venture strongly encouraged
- on best practice FDI Promotion and Facilitation
- Balance between the rights and obligations of investors and of Government observed
- Clarification on standards of protection for investors – both foreign and domestic
- The Government honours its international commitments - such as WTO and other Bilateral Trade Agreements
Investment Guarantees – This is a key component of our key campaign message and is strongly promoted and a key component of investment law. Guarantee against expropriation of property; If not – this is done in accordance with the law subject to criteria (no discrimination, adequate time and right to challenge expropriation)
Treatment no less favourable – equal treatment to foreign and domestic investors
Free transfer of funds – convertible currency to any persons inside or outside Vanuatu
Investment Disputes – Proper frameworks to deal with investment disputes is still lacking. Current practice is any dispute will be dealt with by the court subject to Convention of Settlement of Investment Disputes.