Vanuatu Citizenship by Investment Program
Why Choose Vanuatu ?
Vanuatu is a South Pacific Ocean nation made up of roughly 80 islands stretched across an area of 1,300 kilometers. It is synonym of adventure, deserted beaches, exotic islands and coral reliefs. It is a calm and quaint destination to settle for a lifetime. The island offers adventures like scuba diving, coral reefs and underwater caverns.
Vanuatu Citizenship by Investment Program
Citizenship by Investment programme was first introduced in Vanuatu in 2016 and came into action in April 2017. The main vision behind Vanuatu Citizenship by investment program is to attract foreign investors, create employment in the country, stimulate the economy and keep the national budget maintained.
The required contribution amount towards the Government is as follows :
- Application cost for a single applicant is $80,000.
- Application cost for a single investor along with his or her spouse is $1,00,000.
- Application cost for a single investor along with his or her spouse and two under aged children is $1,30,000.
- Application cost for each dependent applicant is $10,000.
Advantages of Vanuatu Citizenship by Investment Program
- No Stay Requirement : Under the Vanuatu citizenship by investment program the investor or his or her family is required to visit or stay in Vanuatu.
- No Formal Requirement : There is no requirement for education, age or language.
- Free Travel :In case of Vanuatu investment citizenship the investor and his family is eligible for a visa-free travel to 129 countries including the EU, UK, Ireland, Russia, Hong Kong, Singapore, the Caribbean, and most Commonwealth countries, as well as to Australia with a special e-visa..
- Minimal Taxation :Vanuatu citizenship program offers minimum taxation in terms of no taxation on wealth, gift, inheritance, foreign income or capital gain.
- Time Concern :Investor can get a Vanuatu passport within 7 – 8 weeks making it an easy citizenship by investment programme.