Vanuatu Citizenship by Investment
Vanuatu, an idyllic island nation in the Pacific Ocean near Australia, offers a citizenship by investment programme that is renowned for its speed and affordability. With English and French as its official languages and Port Vila as its capital, Vanuatu presents a unique opportunity for investors seeking dual citizenship.
Language
Bislama
Currency
Vanuatu vatu
Total Area
12,190 km2
Capital
Port Vila
Government
Democratic Republic
Population
305,269
Overview of Vanuatu Citizenship by Investment
Launched in 2017, the Vanuatu Citizenship by Investment programme (Vanuatu CIP) is distinguished as the fastest route to citizenship through investment globally. The entire process, from application to obtaining a Vanuatu passport, can be completed in as little as 30-60 days, making it an attractive option for investors worldwide.
Investment Criteria
Donation Requirement
Prospective investors must make a non-refundable donation to the Vanuatu Government's Development Support Programme:
- A minimum donation of $130,000 USD is required for a single applicant.
- The donation amount increases based on the number of family members included in the application.
Additional Requirements
- Applicants must be over 18 years of age.
- A clean criminal record is mandatory.
- Applicants must be in good health.
Benefits of the Vanuatu Passport
- Visa-Free Access: Vanuatu passport holders enjoy visa-free or visa-on-arrival access to over 135 countries, including the UK, Singapore, Hong Kong, and all EU Schengen Area countries.
- No Residency Requirement: There is no obligation to reside in Vanuatu before or after obtaining citizenship.
- Family Inclusion: Full citizenship and passports are available for the investor's family, including spouse, children, and dependent parents.
Frequently Asked Questions
Where is Vanuatu Located?
Vanuatu is situated in the Pacific Ocean, close to Australia and New Zealand. Its capital is Port Vila, and it embraces English, French, and Bislama as its official languages.
How Quickly Can You Obtain Vanuatu Citizenship?
Vanuatu boasts the world's fastest citizenship by investment programme, typically processing applications within 30-60 days following a successful due diligence check and the "Oath of Allegiance".
Why Opt for Vanuatu Citizenship by Investment?
Vanuatu's CIP is favoured for its straightforward process and comparatively lower investment and costs. The programme's prime advantage is the visa-free access it grants to over 135 countries, including significant destinations like the UK and EU Schengen Area, coupled with the absence of a residency requirement and a favourable tax regime.
Is Travel to Vanuatu Required?
No travel to Vanuatu is necessary either during the application process or after obtaining citizenship. Applicants may permanently reside outside Vanuatu even after acquiring citizenship.
What is Vanuatu's Tax System Like?
Vanuatu is considered a tax-friendly jurisdiction, with no income, inheritance, or capital gains tax. It also facilitates the easy opening of bank accounts and the transfer of additional funds.
Is Vanuatu Citizenship Permanent?
Yes, once granted, Vanuatu citizenship is for life and can be passed down to descendants. Passports must be renewed every ten years.
Can Name Changes Be Made After Acquiring Citizenship?
Applicants are permitted to change their names by providing a valid reason either before or after obtaining Vanuatu citizenship.
Does Vanuatu Accept Cryptocurrency Payments for Its Citizenship Programme?
Vanuatu's CIP is crypto-friendly. For more detailed information, please get in touch.
Language Requirement for Vanuatu Citizenship
There are no language requirements for applicants to the Vanuatu Citizenship by Investment programme.
Why Choose Us?
Ketenci&Ketenci is a leading international law firm specialising in Global Citizenship and Residency by Investment programmes. We offer comprehensive advice on the Vanuatu citizenship programme, providing a seamless and secure process for our clients remotely. For more information on Vanuatu or any other citizenship and residency by investment programmes, please contact us.