Do you want to live in a blue lagoon? Today, that dream is within reach. There is a way to get a passport for financial investment. This is Vanuatu citizenship by investment. The important point is that the client must meet all the stated conditions and be able to invest in the prosperity of the state. This is the only program that operates in the Asia-Pacific region. Obtaining it is a rather expensive option, but the only easy and fast way to become a country resident.
Citizens of the state can apply for Vanuatu citizenship under a simplified procedure. They can expedite the processing of documents for travel to New Zealand, Canada, and Australia. Vanuatu passport holders can stay in the United Kingdom for up to six months. The possibility of traveling to different countries is an excellent opportunity to take one’s business to the international market.
The visa-free regime is one of the best bonuses that opens up good opportunities and prospects. It also comes with zero taxation and the chance to live in a beautiful state.
Let’s find out what are the Key Benefits of a Vanuatu passport
It is worth noting that the document gives a lot of advantages, which should be paid attention to:
- Visa-free entry to 96 countries.
- Investments start at $130,000, significantly lower than in other states.
- No language requirements for obtaining a passport.
- The terms of obtaining a passport are within two months.
- Absence of many types of taxation.
- No residency requirements.
- All family members can receive passports.
- Possibility to apply for a visa to Australia.
- The official languages are French and English.
The procedure is simple and accessible to everyone, and the number of benefits offers a wide range of prospects for investors and their family members. You can learn more about the Vanuatu Citizenship by Investment program on Global Residence Index.
Additional fees may apply:
- 160 dollars for passport processing per person;
- 120 dollars each for a certificate;
- 100 dollars per person is the entry fee.
In addition to the above items, there may be other costs. For those who want to pay with bitcoins, this option is not active yet, although Vanuatu is a crypto-friendly country, according to Zlata Erlach, an expert at Immigrant Invest.
What are Investment Options for Vanuatu Citizenship
Getting a Vanuatu passport can become possible quickly and easily by transferring the money to a development fund. The amount deposited is non-refundable since it will be used for infrastructure maintenance, development, and economic growth.
The minimum an investor must contribute is $130,000, and a family of four must invest $180,000. Additional dependents need to contribute $15,000 each. Fulfillment of this requirement needs to be confirmed, so the investor will have to prove his solvency. There must be at least $250,000 in the investor’s bank account.
Required documents to obtain a Vanuatu passport
List of required documents:
- Application Forms: Completed and signed application forms.
- Passport: Valid passport copies of all pages for the applicant and any dependents.
- Birth Certificate: Certified copies for all applicants.
- Marriage Certificate: If applicable.
- Police Clearance Certificate: A police clearance certificate from the country of residence or any country where the applicant has lived for more than 12 months in the past ten years.
- Health Certificate: Medical certification, including tests for contagious diseases.
- Proof of Funds: Evidence that the applicant has the required funds for investment (the amount varies depending on the program and number of dependents).
- Passport Photos: Passport-sized photographs as per the specifications.
- CV/Resume: A detailed curriculum vitae or resume.
- Educational Certificates: Copies of educational qualifications may be required.
- Business Background Information: If applicable, details of business ownership, shareholdings, etc.
- Payment of Fees and Investment: The required government fees, due diligence fees, and investment amount as stipulated by the program.
- Other Documents: Depending on the specific situation or changes in the laws, additional documents may be required.
For other paths to citizenship (such as through marriage, descent, or naturalization), the required documents may vary widely. It is essential to consult with a legal expert or the relevant authorities in Vanuatu for precise information tailored to the specific situation.
The Vanuatu government has authorized specific agents to assist with the citizenship-by-investment program, and it may be advisable to consult with one of these agents to ensure that the application is handled correctly and in accordance with all current regulations and requirements.
Who has Eligibility for Vanuatu Citizenship by Investment?
Before submitting an application, it is necessary to consider whether the investor meets all the stated requirements. Persons who have transferred a certain amount of money to the state and meet these parameters are eligible to obtain a passport in Vanuatu:
- over the age of 18;
- provided all the paperwork in English;
- presented a certificate of good health.
Important: It is mandatory for the investor to fulfill all the above points.
The Application Process
The passport application is processed, which takes an average of 45 days. One can expect to receive nationality within two months from the time of application. Let’s take a closer look at all stages of the application process:
- Preparation – it takes 3-4 days on average. It includes consultation with a specialized company and preparation of documents for sending.
- Submitting an application – timeframe is about 3-4 days. The potential investor sends the application and waits for a response. During this time, the government agencies in Vanuatu do a background check and review the proposal. If the answer is positive, a preliminary approval letter will be sent.
- Investments – the procedure takes up to 5 days. Payments are made, and confirmations are submitted to a special commission.
- Obtaining a passport and swearing-in ceremony. It can take about 30 days from the time of investment to receiving the document.
If all conditions are met, investors are almost 100% guaranteed to get what they want.
Conclusion
Vanuatu recognizes dual citizenship, so investors do not have to give up their previous citizenship. The procedure for obtaining a passport is online and does not require unnecessary waste of time, which is very convenient for people with permanent employment. Vanuatu tax system is loyal, which makes living in the state the most attractive for everyone. Vanuatu’s second citizenship is available to everyone if the country of which the investor is a citizen does not prohibit the presence of a second passport.
In order to quickly and efficiently solve all the problems related to paperwork, it is best to seek help from specialists. So you can be 100% sure about the result.
