Vanuatu Citizenship by Investment Programme Can Give You Visa-Free Travel Access to Schengen Countries and More
VANUATU'S INVESTOR PROGRAMME FOR CITIZENSHIP
The Vanuatuan citizenship by investment programme offers investors the potential to acquire full citizenship in the 4th happiest country in the world within 2 – 3 months.
There are no interviews or travel required during the application process, no minimum physical stay requirements, no language tests and no long residence periods in order to acquire Vanuatuan citizenship.
Vanuatu’s Development Support Programme (DSP) was launched in 2017 to promote infrastructure and economic development and allows an applicant to obtain citizenship by making an economic contribution to the government. Citizenship is fully recognised by the Government and is hereditary.
Passport offers remarkable global travel access.
Tax-free country (aside from VAT and other indirect taxes such as customs).
International off-shore finance centre since 1971.
Preferential visas for Australia and New Zealand.
PROGRAMME HIGHLIGHTS
Travel access to over 129 countries including Schengen countries
Fast processing time
Citizenship within 2 – 3 months
No language tests and minimum stay requirements
Dual citizenship allowed
Spouse, dependant children under 24 and parents over 50 can be included in the application.
No interviews or visits required during application process
INTERESTING INFORMATION
Voted 4th Happiest Country in the World
OFFICIAL LANGUAGE
English, French and Bislama.
MEMBER
UN, Commonwealth
CURRENCY
Vanuatu Vatu
POPULATION
276 244 (2017)
TOTAL AREA
316 km² (122 sq mi)
GDP per capita
3,125.61 USD (2017)
Vanuatu is a Pacific island adventure far beyond any notions of cruise-ship ports and flashy resorts. Deserted beaches, ancient culture, remote and rugged islands and world-class diving are just a small part of the magnetism of this scattered 80-plus island archipelago.
INVESTMENT REQUIREMENTS
The Vanuatuan citizenship programme requires the investor to make an economic contribution to the country as well as meet certain other requirements as prescribed by the Government. Following this, and subject to thorough due diligence, background and application procedure checks, the applicants and their families are granted full citizenship.
Investors who wish to apply for Vanuatuan citizenship by investment must meet all of the following investment requirements:
Non-refundable contribution of:
Single applicant: USD 130 000.
Married couple: USD 150 000.
Married with 1 child (under the age of 18): USD 165 000
Married with 2 children (under the age of 18):
USD 180 000
Additional dependents: USD 25 000 per dependent.
Other application fees and costs apply including an additional USD 5000 Government fee.
REQUIREMENTS
The requirements for the Vanuatu Citizenship by Investment programme are as follows. Applicants must pass a due diligence test and prove legitimate source of funds and source of wealth.
The applicant must have a clean criminal record and be over the age of 18 (main applicant);
Investors must have a high personal net worth and be in good health.
Applicants must be in possession of valid travel documents;
Oath of Allegiance: all applicants that are 18 years old or more, must swear an Oath of Allegiance at the consulate.
DUAL CITIZENSHIP
Vanuatu allows dual citizenship. South Africa also allows dual citizenship provided an application is made to the Department of Home Affairs.
TRAVEL AND BENEFITS
A Vanuatu passport allows visa-free travel (including visa on arrival) to around 129 countries, including the UK, Commonwealth countries, Schengen zone, Hong Kong, Singapore and more. Citizens also get preferential visas to Australia and New Zealand.
FAMILY REGROUPING
Vanuatu is a family friendly country and allows the spouse and dependent children under the age of 25 to be included in the application. Parents over 50 can also be included.
TAX
Vanuatu is a tax-free country (aside from Vat and other indirect taxes such as customs) and offshore financial services play a significant role in the economy. Other significant drivers are tourism, fishing and small-scale agriculture. For many applicants Vanuatu offers an ideal route to lower their taxes, protect assets, financial privacy and increased returns.
Please note, we strongly encourage clients to obtain professional tax advice.
VANUATU - COUNTRY INFORMATION
The magical archipelago nation of Vanuatu’s consists of 80 islands stretching 1300km across the South Pacific Ocean. Deep sea fishing, scuba diving, underwater caverns and wreck exploration are abound, whilst hiking trails lead though rainforests to crystal clear pools and ascend a few active volcanoes. Resorts and spas offer the quality of relaxation that one would expect from a world-class tropical destination.
The country is situated between New Zealand and Australia and due to it’s peaceful history, has no permanent military. Happiness is part of the national brand of Vanuatu, which scores higher than Japan in terms of the well-being of its citizens. Located on the Island of Efate, Vanuatu’s capital, Port Vila, is home to well-known international firms including lawyers, accountants, financial advisors and seven banks serving the global financial sector. Port Vila has population of only 44 000, however its banking and financial infrastructure is well developed.
Most locals speak english, yet it is the most linguistically diverse nation on Earth.
Kitesurfing is quickly growing in popularity in Vanuatu.
Vanuatu’s natives are said to have invented the sport of bungee jumping on Pentecost island.
The majestic dugong, also known as a sea cow, is endangered in most parts of the world, but plentiful in Vanuatu.
Vanuatu is home to one of the most acclaimed wreck dives in the world, the USS President Coolidge.
The largest of Vanuatu’s islands is Espiritu Santo ( 2,266 sq km). Other major islands include Pentecost, Malo, Tanna, Efate, and Malekula
One of the tribes living on Tanna Island worships Prince Philip, Duke of Edinburgh.
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