Foreign Investment in Vanuatu Artwork

Foreign Investment in Vanuatu and the new ‘VIPA’ Act

On 15 January 2020 the new Foreign Investment Act no. 25 of 2019 was gazetted, repealing the Vanuatu Promotion Investment Act Cap [248].

The Act is to establish the Foreign Investment Promotion Agency (replacing the Vanuatu Investment Promotion Authority – VIPA) which is composed by the Board, the Chief Executive Officer and other staff, to implement the functions and activities provided by the Act.

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