Vanuatu
WHY VANUATU?
Vanuatu became a member of the Commonwealth, after gaining independence from the UK and France in 1980. The nation, which is spread out across 1,300 kilometers and consists of 83 islands, 68 of which are populated, is situated in the South Pacific. Its close proximity to Australia and New Zealand guarantees strong relations to those nations. Society.
Agriculture, tourism, offshore financial services, and the cattle industry are the four economic pillars of Vanuatu. French, Bislama, and English are the three primary languages. The Ni-Vuanatu, or local indigenous people, are employed primarily in the agriculture industry.
In the South Pacific, there is only one program, Vanuatu Citizenship by Investment, which was introduced in 2017.
It is the quickest way to obtain alternative citizenship through investment and is also known as the Vanuatu Citizenship Development Support Program (DSP).
For those looking to expand their worldwide mobility and pay less in taxes, Vanuatu citizenship is an appealing alternative.
With no taxes levied on income, inheritance, or gains, Vanuatu has a favorable tax system.
Key Benefits Of Obtaining A Vanuatu Citizenship By Investment Passport
- Visa-free travel to 98 countries including the UK, Hong Kong and Singapore.
- No minimum presence requirements.
- Full citizenship with passport granted to main applicant, spouse and children.
- A simplified and efficient application process.
- Competitively priced programme.
- Avast and beautiful landscape brimming with opportunity.
- Rapid Citizenship: Get your second passport in just two-three months.
- Safe program with pre-approval – You get a confirmation of pre-approval before transferring the entire investment amount.
- Absolute secrecy - The entire procedure of obtaining an alternative citizenship is conducted in complete secrecy.
- Favorable tax system- There is no wealth tax, gift tax, or income tax.
- Safety for the entire family - A secure place to call home during times of political turbulence and economic instability.
REQUIREMENTS / INVESTMENT OPTIONS FOR VANUATU
In order to qualify for citizenship for the applicant and his or her family under the Vanuatu DSP Citizenship-by-Investment Program, the applicant must invest a substantial sum of money in the nation. The main applicant must be over 18 years old, satisfy the due diligence criteria, and contribute to the Vanuatu government in order to be eligible for citizenship.
Two cost possibilities are summarized in the table below:
| VANUATU | Single Applicant | Family of Four |
|---|---|---|
|
Contribution and Service Fees |
130,000 |
180,000 |
|
Due Diligence Fees |
5,000 |
5,000 |
Sub - Total |
USD135,000 |
USD185,000 |
Please note, additional charges may apply.
Eligibility Requirements
You need to satisfy the following Vanuatu residency requirements in order to be qualified for this program:
- Minimum personal net assets of at least USD 250,000.
- Clean bill of health.
- Clean Criminal Record from the country of birth and the Country of current residence.
- Applicants must be at least 18 years old.
- Applicants must have a current visa.
Application Process
Initial due diligence with the financial Intelligence Unit. Sign client agreement, complete government forms and provide supporting documentation.
Application submitted and reviewed.
On approval, government contribution is made. Oath of Allegiance taken and passport presented at the nearest Vanuatu mission.
