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Places in News: Vanuatu
Context:
Vanuatu, a small island nation in the South Pacific, has gained global attention for its citizenship by investment (CBI) program, commonly referred to as a “golden passport” scheme.
About Vanuatu
- Location: A Melanesian archipelago located in the South Pacific Ocean.
- Geographically, Vanuatu is situated in both the Southern and Eastern hemispheres of the Earth.
- Capital: Port-Vila, located on Efate.
- Currency: Vatu (VUV)
- Neighbouring Countries: Lies to the east of Australia, northeast of New Caledonia, west of Fiji, and southeast of the Solomon Islands.
- Geography: A chain of 13 principal and many smaller islands
- The islands form an irregular Y shape, extending north-south for approximately 400 miles (650 km).
- Seismic Activity: Frequent earthquakes indicating structural instability.
- The terrain of Vanuatu is diverse and is famed for its gorgeous islands and active volcanoes.
- Active Volcanoes: Sere’ama (Vanua Lava), Monaro (Aoba), Garet (Santa Maria), Benbow and Marum (Ambrym), Yasur (Tanna)
- Wildlife: Approximately 10 types of bats are found here (with three species unique to Vanuatu) and home to the estuarine crocodile.
