Win a Resort FAQs - Property
Frequently Asked Questions on the Property, plus some General Questions:
Property FAQs
- Do have an independent valuation of Seachange Lodge?
- Is Seachange Lodge on freehold land?
- How do I know there are no encumbrances on the property?
- Can foreigners own land in Vanuatu and are any visa required?
- Are land values on the rise in Vanuatu?
- Is Seachange Lodge located in a prime real estate area?
1.Do you have an independent valuation of Seachange Lodge?
An independent valuation of Seachange Lodge was made by an independent registered real estate office and is available for inspection.
2.Is Seachange Lodge on freehold land?
Land in Vanuatu is leasehold land that runs for 75 years. Leases are rolled over, or for a modest fee you can renew the lease early, which would be considered at the point of hand over to the new owners.
3. How do I know there are no encumbrances on the property?
The local bank that deals with the property has stated that the current owners have met all financial requirements and approved the Sponsor a Student program. All legalities will be completed prior to the hand over of the property.
4. Can foreigners own land in Vanuatu and are any visas needed?
Yes, foreigners can own property in Vanuatu as an Investor.
5. Are land values on the rise in Vanuatu?
Vanuatu is one of the fastest growing real estate markets in the South Pacific. Vanuatu also has the only stable economic and political scene in Oceania and is one of the few countries not affected deeply by the world wide financial crisis.
There is no capital gains tax in Vanuatu. Local Investors are enjoing ROI 10% on both private and commercial properties. Vanuatu, voted the Happiest Country on Earth in 2006, is The Must See adventure travel destination. The South Pacific was recently voted the Dream Destination, by a Swedish survey, followed by Maldives and African Safari.
6. Is Seachange Lodge located in a prime real estate area?
Seachange Lodge is on the much coveted shore of Erakor Lagoon, on prime absolute waterfront real estate. A highly sort after area, in the dress circle of Port Vila, where waterfront land prices are premium.
General FAQs
- Can our children be educated in Vanuatu?
- How large an expat population is there in Vanuatu?
- Do I need to speak any languages other than English?
- What is the future of tourism in Vanuatu?
- Where is Vanuatu?
General FAQs
1.Can our children be educated in Vanuatu?
There are both good French and English primary schools available in Port Vila. Some expat children go out to Australia or New Zealand for high school and higher education if required (just three hours by plane from Vanuatu). Students are also able to complete year 11 and 12 under long distance education from Victoria, Australia - to Australian standards.
2.How large an expat population is there in Vanuatu?
Around 3000. A mixture of Australian, New Zealand, Chinese, Maylasian and many other countries, as well as French. Cuisine in Vanuatu is one of the most exceptional in the South Pacific. The food is organic and the beef surpassed by none.
3. Do I need to speak any languages other than English?
The main languages spoken are English, French and the local Bislama. You can survive on English only, and Bislama is not a hard language to pick up. Sometimes we have guests from New Caledonia, who are predominantly French speaking. Several of the staff of Seachange Lodge speak all three languages.
4. What is the future of tourism in Vanuatu?
Tourism is the top earning and fastest growing sector in the Vanuatu economy. There are strong moves afoot to strengthen it and carry it forward, in spite of the world financial crisis. Friendly people, pristine wildernesses, live volcanoes, all make Vanuatu's tropical islands the 'Must See' adventure travel destination of the South Pacific.
It is estimated that tourism in the South Pacific is estimated to earn $US2billion in the year 2009/2010. This is a very achievable target, having earned $1.5 billion in 2007. Vanuatu is well placed to take its share of the tourist dollar, being the most stable and economical country in the South Pacific, with a vibrant tourism industry. Vanuatu was voted The Happiest Country On Earth, in 2006.
Vanuatu is located in the South Pacific and is agroup of tropical islands, just two and a half hours by plane North East of Brisbane, Australia and a short flight out of Fiji. Vanuatu is the 'Must See' travel adventure destination for All Inclusive Vacations, in the Dream Travel Destination of the world.
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