If you’ve always dreamed of living in a beachfront villa or on a quiet island, Vanuatu could be the perfect choice for you. Brimming with breathtaking beaches and landscapes, the country is a tropical archipelago located in the South Pacific.
Besides its unspoilt beauty, Vanuatu is also famous for its citizenship by investment program. This is the only program of its kind in the Pacific region. With stunning beaches, lush rainforests and a vibrant culture, Vanuatu is an ideal destination to call your second home.
In this guide, we will explore the Vanuatu Citizenship by Investment Programits benefits, eligibility requirements and application process.
Benefits associated with Vanuatu citizenship
Freedom to travel with visa-free access
The best thing about citizenship by investment programs is the freedom to travel which allows you to travel visa-free and visa-free on arrival. With Vanuatu citizenship, you have access to 95 countries without a visa. This also includes Hong Kong and Singapore. Furthermore, a Vanuatu second passport 2023 also helps you obtain B-1/B-2 tourist visas for 5 years, which allows you to spend up to 180 days per year in the United States. This visa can be used to travel for business meetings, leisure, medical treatment or to enroll in a degree or diploma.
Tax optimization
Another fact that makes Vanuatu Citizenship by Investment 2023 tax incentives are an excellent choice. As an investor, you can set up an International Business Company (IBC) in the country and these companies allow you to benefit from tax benefits. There is no tax on personal income, capital gains, inheritance, donations or corporate profits.
The perfect plan B
With visa-free travel, tax efficiency and a friendly environment, Vanuatu citizenship is the perfect plan B in case something unexpected happens in your home country. You can live with your family and secure their future.
Path to second citizenship
Vanuatu citizenship by investment has no language, interview, or in-country residency requirements. This is a direct and fast route to a second citizenship that even allows you to keep the passport of your country of origin.
Eligibility
To be eligible for the second Vanuatu passport 2023, you must meet the conditions below:
- Being older than 18
- Have a clean file
- Be in good physical shape
- Clear due diligence check
- Make the required contribution
The Vanuatu Citizenship by Investment Program also allows you to include your spouse, children under 18, dependent children under 25 and parents over 50 in your application for a second Vanuatu passport 2023.
How to obtain Vanuatu citizenship by investment 2023?
To obtain Vanuatu citizenship, you must contribute more than $130,000 to the National Development Fund while providing legitimate proof of an existing bank balance of at least $250,000.
Application process
The application process includes the following steps:
A. Choose an approved agent: You will need to select an authorized agent or trustworthy citizenship consultant to guide you through the application process.
b. Collection of documents: Gather all vital documents, including your passport copy, birth certificates, marriage certificates (if applicable), and other supporting documents.
vs. Apply: Your authorized agent will help you apply to the Vanuatu Citizenship Office.
d. Due diligence: The Vanuatu Government will carry out due diligence checks on all applicants to ensure they meet the eligibility criteria.
e. Approval and payment: Once the application is approved, you will make the required investment and upon receipt, you will obtain Vanuatu citizenship.
F. Pledge of Allegiance: After payment, applicants must take an oath of allegiance, either in Vanuatu or at a Vanuatu consulate.
g. Issuance of passport: Once all formalities have been completed, you will be issued a Vanuatu passport and you and your family will officially become citizens of Vanuatu.
Vanuatu Citizenship by Investment Program is a great route to acquiring a second citizenship in a beautiful island nation. With its many benefits, including visa waivers, tax benefits and economic opportunities, Vanuatu is a popular destination for investors looking for a second passport.
To begin your journey to second citizenship in Vanuatucontact one of our experts at +971 4 512 4444