The Vanuatu Citizenship Program offers a quick path to citizenship, with a processing time of only 2 to 3 months. The minimum required investment is US $130,000, which takes the form of a donation. Citizenship obtained through this program grants visa-free travel to 132 countries, including Schengen and the UK.
The Vanuatu Citizenship by Investment Program, launched in 2017, is one of the fastest such programs in the world, offering foreign investors the opportunity to obtain Vanuatu passports in just 2 to 3 months. However, it should be noted that under this program, Vanuatu citizenship is only honorary, and does not confer any political rights within the country. As honorary citizens, program participants are not allowed to vote or run for office.
It is important to be aware that individuals who are citizens of Iran, Iraq, Syria, North Korea, and Yemen are not eligible for this program, unless they have permanent residence outside of these countries and have lived outside of them for more than five years.
Obtaining Vanuatu citizenship and a passport provides several benefits, including visa-free travel to more than 130 countries and territories, such as the Schengen zone and the UK. Additionally, Vanuatu has no income, inheritance, wealth, or capital gains taxes, making it an attractive destination for individuals seeking to reduce their tax burden.
Furthermore, Vanuatu is a peaceful and beautiful country, providing an appealing option for those interested in living in a natural and serene environment. Additionally, Vanuatu allows for dual citizenship, enabling individuals to retain their previous citizenship while enjoying the benefits of Vanuatu citizenship.
The Vanuatu Citizenship by Investment Program offers a Development Support Program (DSP) that requires a donation for the acquisition of citizenship. For single applicants, the minimum donation required is $130,000, which must be made to the Development Fund. For families of four or more, a minimum donation of $180,000 to the Development Fund is required to obtain citizenship.
The cost of obtaining Vanuatu Citizenship by Investment depends on the number of applicants and their dependents, as well as due diligence checks. For a single applicant, the cost is $130,000. For a main applicant and their spouse, the cost is $150,000. For a married couple with one child under the age of 18, the cost is $165,000. For a married couple with two children under the age of 18, the cost is $180,000. Additional dependents can be included for $15,000 per dependent.
In addition, due diligence checks are required for each application and cost $5,000. It is important to note that these costs are subject to change and do not include any legal or other professional fees that may be incurred during the application process.
To qualify for Vanuatu Citizenship, the main applicant must be 18 years of age or older and must have no criminal record. In addition, proof of funds totaling at least $250,000 must be provided as part of the application process.
Dependent children under the age of 25 are also eligible for Vanuatu citizenship, as are dependent parents above the age of 50. It should be noted, however, that additional requirements and documentation may be necessary depending on the specific circumstances of the applicant and their dependents.
Applying for and obtaining a Vanuatu passport through the citizenship by investment program involves several steps. Working with an experienced consultant can help streamline the process and ensure that all requirements are met. Here is a general overview of the process:
It’s important to note that the specific steps and requirements of the process may vary depending on the individual circumstances of the applicant and their dependents. Working with a reputable and experienced consultant can help ensure a smooth and successful application process.
If you’re interested in exploring citizenship by investment options, contact us today to speak with a knowledgeable immigration expert who can guide you through the process and help you make the best decision for your needs. Take the first step towards achieving your goals and securing a brighter future for you and your loved ones. Call now to learn more!
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