Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can I borrow money form local Vanuatu backs to purchase a property?

0
Posted William Young edited answer

Can I borrow money form local Vanuatu backs to purchase a property?

0

Yes, that’s right, you can. I am currently applying for citizenship through this http://vcgarant.com/grazhdanstvo/kariby/vanuatu company. There they immediately told me that it would be necessary to buy housing. Well, this is generally understandable, because I’m going to move there forever. What property are you going to buy?

0

Yes you can. Currently ANZ, Westpac, and the National Bank of Vanuatu operate here. Generally on residential property you require 20% deposit and on commercial 40% deposit. The bank lending criteria is generally on the same basis as in Australia or New Zealand.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.