Obtaining a Vanuatu Passport through a Non-Refundable Contribution to the Country's National Fund - one of the fastest and most convenient investment programs in the world. The project was launched in 2012, but currently, the program is undergoing significant reforms, which will be finally approved no earlier than 2024. It is expected that the program will be reviewed and tightened in terms of checking future citizens for reliability, as well as other mandatory requirements will be added. The new changes will allow the authorities of Vanuatu to restore the right of citizens to visa-free visits to the Schengen countries. Currently, this privilege is on hold.
Features and Benefits of Vanuatu Citizenship
Granting citizenship for investments brings almost half of all revenues to the country's treasury. Over the past 8 years, more than 10,500 people have become citizens of the island state, and only 1 has been rejected.
The main advantages of the citizenship program for investments:
- Speed of processing. Consideration of applications, examination of documents, and issuance of passports take from 4 to 8 weeks. On average, you can get a Vanuatu passport in just 1 month.
- Minimum rejection rate and simplified verification procedure. In 2018, after revising the existing conditions of the program, the list of requested information requirements was reduced, and the conditions became more loyal. Vanuatu is not interested in information about applicants who previously submitted documents for any citizenship. Even if an investor was previously refused in another country, in Vanuatu, he has a 99.9% chance of approval.
- Easy travel around the world. Citizens of the island country can visit 96 countries without a visa, obtain a US visa for 5 years, and an Australian visa for 1 year.
- No need to live in Vanuatu. Unlike many European programs, where you can get a residence permit/citizenship if you stay a certain number of days annually in the country, there is no such requirement here. You can even take the oath online and never visit the island country again.
- Confidentiality of the process. The country's authorities do not provide information about an investor obtaining a second passport to his home country and do not disclose data to third parties. Legally, dual citizenship in Vanuatu is not prohibited, so you do not need to renounce your native passport.
- Economic benefit. Vanuatu's tax obligations do not apply to wealth, inheritance, global income, and gifted property.
- Access to offshore companies. The possibility of registering a company in offshore, the registration of which in the jurisdiction of Oceania is one of the main sources of the country's GDP.
- Citizenship by inheritance. The investor not only receives citizenship for money but can also pass it on to his children by inheritance.
- Affordable higher education. Since Vanuatu is a member of the United Nations, citizens of the country have certain privileges. Many UK universities allocate quotas for citizens of Vanuatu, and some French universities provide special privileges.
Conditions for obtaining a passport and requirements for the applicant
The future citizen must make a one-time non-refundable contribution to the state funds of the island state:
- For one applicant - $130,000.
- Family without children - $150,000.
- Family with one child - $165,000.
- Family with two children - $180,000.
In addition, a security check procedure is paid - $5,000, and various accompanying fees - $5,000. If the application for a passport includes children aged 18-25 and parents over 50, an additional $15,000 must be paid for each person.
Requirements for the investor:
- An adult over 18 years old.
- Passing a full medical examination with the provision of results upon the first request.
- Availability of net capital in the amount of at least $250,000 with confirmation of the legality of financial origin.
- No law violations or criminal records.
If you plan to obtain a second passport, contact GARANT IN company for assistance - a licensed agent of government programs in the Caribbean countries. We provide comprehensive assistance to each client - from collecting and forming a dossier to buying real estate and arranging accompanying documents in another country. With us, the risk of being refused under the selected program approaches zero. Why? We work with each client individually and select a program taking into account the features, preferences, and requirements of the customer.
Having worked for over 10 years in the field of investment immigration, we know everything about the requirements and desires of each country.
