A Safe Pacific Hideaway With Tax-Free Bliss And Visa-Free Access That Lured Lalit Modi – 5 Unknown Facts News24 –

Former Indian Premier League (IPL) chairman and businessman Lalit Modi’s latest attempt to evade extradition has unexpectedly put the small Pacific island nation of Vanuatu in the spotlight. Many were previously unaware of this hidden gem, known for its breathtaking natural beauty and unspoiled landscapes.

Lalit Modi And Vanuatu

On March 7, Modi filed an application with the Indian high commission in London to surrender his Indian passport. After this, several reports suggest that Modi has acquired citizenship of Vanuatu, an island nation located in the Pacific Ocean. This country is known for its “citizenship-by-investment” (CBI) program. Additionally, the Ministry of External Affairs (MEA) on Friday confirmed that the former IPL chairman has intended to give up his Indian citizenship. Later he was granted the citizenship of this pacific island nation.

Vanuatu Prime Minister Jotham Napat Orders Cancellation Of Citizenship

After initially issuing a passport to the former Indian Premier League (IPL) founder, the Prime Minister Jotham Napat has now ordered the Citizenship Commission to revoke it, stating that Modi was seeking to avoid extradition. This decision follows recent international media reports highlighting that the former IPL chief is wanted by Indian law enforcement agencies for his alleged involvement in the embezzlement of crores of rupees during his tenure as the league’s top official.
However, it has been alleged that Vanuatu’s Prime Minister canceled Lalit Modi’s passport due to India’s suspected involvement. India has been attempting to extradite him for years, but he has repeatedly evaded such efforts.

What Makes Vanuatu Island Unique?

Vanuatu, a picturesque Pacific island nation, is known for its natural beauty, rich cultural heritage, and economic incentives for foreign investors. Here are 5 facts about the country. Vanuatu is a picturesque island nation which is situated in the Pacific Ocean. The island is nestled between Australia and Fiji, with New Zealand to its south.
Port Vila, the vibrant capital and largest city of Vanuatu, is situated on the island of Efate. The country embraces a rich linguistic heritage, with Bislama, English, and French recognized as its official languages. Among them, Bislama—a unique creole language—serves as a unifying tongue, bridging communication gaps between the island’s diverse communities. Additionally, Vanuatu is home to numerous indigenous languages, reflecting its deep-rooted cultural diversity.

Vanuatu Citizenship – CBI

A passport to opportunity Vanuatu’s Citizenship-by-Investment Program allows individuals to obtain citizenship with a minimum contribution of $130,000. It grants visa-free access to over 130 countries. Bungee jumping which is considered to be the most ‘boldest adventure’ was invented in Vanuatu island. Pentecost is the birthplace of land diving, a traditional practice that inspired modern bungee jumping.

A Tax Haven in the Pacific

Vanuatu offers a unique financial advantage—there’s no income tax, capital gains tax, inheritance tax, or currency exchange controls. Instead of taxing individuals, the country relies on key revenue sources such as value-added tax (VAT), a thriving tourism industry, and the export of agricultural products like coconuts, kava, and cocoa. This business-friendly environment makes Vanuatu an attractive destination for investors and expatriates alike. The economy of Vanuatu is mainly dependent on agriculture, tourism, fishing, and foreign financial services. Apart from this, a special drink called “Kava” is also exported in large quantities, generating a lot of wealth.

A Land Of Fire And Serenity

Vanuatu’s dramatic landscapes are shaped by its 16 active volcanoes, including Mount Yasur on Tanna Island—one of the world’s most accessible active volcanoes. Visitors can witness mesmerizing lava eruptions up close, making it a must-visit destination for adventure seekers.

But beyond its fiery peaks, Vanuatu offers a tranquil escape. The nation’s laid-back lifestyle invites visitors to slow down, embrace ‘island time,’ and immerse themselves in a stress-free paradise of pristine beaches, crystal-clear waters, and warm island hospitality. Over 80 islands to explore The archipelago stretches nearly 1,000 kilometers, featuring diverse landscapes from mountains to rainforests and sandy beaches.

Vanuatu’s rich cultural diversity—spanning over 100 indigenous languages—doesn’t create barriers; instead, it fosters a deep sense of warmth and hospitality. Visitors are greeted with kindness and curiosity, making every interaction feel personal and inviting.

An Underwater Paradise

Beneath its turquoise waters, Vanuatu’s coral reefs teem with life, home to over 1,300 species of fish, sea turtles, dolphins, and majestic manta rays. Snorkelers and divers can explore pristine marine ecosystems, uncovering a hidden world of vibrant colors and rare sea creatures.

Luxury Without Hefty Price Tag

Vanuatu blends tropical charm with modern comforts, offering high-end resorts and world-class amenities at surprisingly competitive prices. Whether you seek a secluded beach retreat or a lavish island getaway, luxury here comes without the usual premium.