Vanuatu passport can be acquired by Citizenship by investment programme, Vanuatu permanent citizenship is available to applicants who invest from $130,000 into a local development fund. Vanuatu, a chain of 80 islands in the south Pacific to the east of Australia is part of the Commonwealth. The official languages are English and French.
Vanuatu has the only Citizenship by investment program in the Asia-Pacific Hemisphere. The programme offers one of the fastest citizenship and second passport programmes available for investors. The investment requirement is $130,000 for a single applicant and $180,000 for a family of four plus fees.
If you wish to settle in Vanuatu and lease real estate, you can apply for a Land Ownership visa.
*Note that lands in Vanuatu are not freehold. Properties can be leased for up to 50 years for residential lots and 75 years for commercial ones.
You must have a leasehold ownership of a property in Vanuatu with a value of at least VUV10,000,000, and a monthly income received in Vanuatu of at least VUV250,000 per person, included in the application.
The visa is valid for one year, renewable if the requirements are still met. You will also be required to pay an annual fee of VUV20,000. After 10 years of holding a residence visa you may be eligible for citizenship by naturalization.
It is possible to obtain 1 year residency if you have enough income to cover your costs or you invest $50,000 (land owner visa). Vanuatu issues three types of residence visas.
To qualify for permanent residence in Vanuatu, you must purchase real estate worth at least $100,000 and have a monthly income of at least $2,500.
This will allow you to enjoy all the benefits that Vanuatu residence brings, including zero percent tax, top international schools, clean air and water, pristine beaches, and a remote location.
And if you spend at least 10 years living in Vanuatu as a permanent resident, you can eventually become a naturalized citizen of the island too.
However, if your goal is citizenship and you would rather not wait a decade, you can always hand over the $130,000 and get it in a matter of weeks.
The biggest pro of Vanuatu’s CBI program is the speed. The streamlined process takes only 8 weeks – from the lodging of your application to holding your new passport. Can’t beat that.
Access to 125+ countries visa-free. Increase your global mobility and access countries like the UK, Ireland, Russia, Hong Kong, and all of the Schengen Area with your Vanuatu passport. The country is also part of the Commonwealth, offering easier access to countries like Canada and Australia.
Vanuatu recognizes dual citizenship and you will be able to have two, three, or more passports.
Only pay when you get pre-approved. Unlike other jurisdictions, you’ll only have to pay the full investment price after you get pre-approved for a Vanuatu passport, making it a less risky proposition.
Vanuatu is one of the most remote countries, far removed from the world’s troubles and worries. It’s also a politically neutral country that promises complete anonymity.
The country is consistently rated as the “Happiest Country on Earth” – probably having to do with its off-the-radar location that lets you escape all the world’s troubles, as well as its pristine nature.
Optimize your tax. Become a tax resident of Vanuatu and take advantage of its favourable tax regime; no income tax, no inheritance or capital gains tax, and more. Vanuatu is also international business friendly.
Your family can come along too. The main applicant can add a spouse, all of their dependent children and even their parents to the application for Vanuatu citizenship.
Great lifestyle opportunities. Visiting or living in Vanuatu is been rated as the Happiest Place in the World for over a decade now, offering a great lifestyle.
Vanuatu’s citizenship is hereditary, so all of your children will be born into it too, giving them more options for a brighter future.
There is no language or residency requirement. You won’t have to attend any in-person interviews or brush up on Vanuatu’s history. Vanuatuan’s also speak decent English.
Further investment opportunities. Vanuatu is an island paradise; purchase an island of your own or a beach front villa to enjoy some of the most pristine natural environments on the planet.
*Note: Above information is provided for knowledge purpose only, there may be changes happening in rules and regulations as well as exemptions due to COVID-19. So, it is better to Consult Immigration Consultants to avoid mistakes.
CITIZENSHIP BY INVESTMENT programs are programs designed to attract foreign capital and business people by providing the right of residence and citizenship in return (these programs will grant immediate citizenship to applicants and their families.). These are also known as citizenship by investment, golden visa, or golden passport programs.