Vanuatu
Located in the southwestern Pacific Ocean, the Republic of Vanuatu is an island country consisting of a chain of 13 principal and many smaller islands located west of Fiji, northeast of New Caledonia and east of Australia.
Quick Facts About Vanuatu
Capital: Port Vila
Passport Rank: 57
Population: 3.14 lakhs
Language: French Bislama English
Vanuatu Citizenship By Investment Program
The Vanuatu Citizenship by Investment program was launched in 2017 and is the only program in the South Pacific. Vanuatu citizenship by investment is a scheme that awards qualifying investors with passports, in exchange for an investment in the country’s economic prosperity.
Also known as the Vanuatu Citizenship Development Support Program (DSP), it is the fastest route to alternative citizenship-by-investment acquisition.
INVESTMENT OPTIONS
The Citizenship by investment program in Vanuatu was introduced to support infrastructural development and promote economic growth in the region.
An applicant can obtain second passport by contributing a non refundable investment in the country. The invested amount varies depending on the number of applicants.
The minimum investment requirement is $130,000 for a single applicant or $180,000 for a family of four. To evidence that this requirement can be met, applicants must provide proof of funds no less than $250,000.
| Family Size | Investment |
|---|---|
| Single Applicant | $ 130,000 |
| Main Applicant + Spouse | $ 150,000 |
| Main Applicant + Spouse + 1 Dependents | $ 165,000 |
| Main Applicant + Spouse + 2 Dependents | $ 180,000 |
Additional requirements
Applicants must provide proof of funds no less than $250000
Applicants must have a clean criminal record
The Vanuatu program is not open for nationals from Iran Iraq Syria North Korea or Yemen unless they have permanent residence outside those countries and have lived outside for more than 5 years.
KEY BENEFITS OF VANUATU CITIZENSHIP
Visa free or visa on arrival travel to more than 100 countries including the United Kingdom Schengen Area and Singapore.
No restrictions on dual citizenship and there is no requirement to visit or reside in the country to retain a passport.
Fast Processing as citizenship can usually be obtained within 30-60 days.
Applicants can add most of their family to their application (children under 25 years old parents aged 65 and above).
Vanuatu is a member of the Commonwealth and its citizens are considered Commonwealth citizens granting them additional rights in the United Kingdom and certain Commonwealth countries.
Vanuatu has zero corporate tax it also has no income tax no capital gains tax no estate tax no wealth tax no withholding tax no gift tax and no other personal income taxes.