VANUATU
VANUATU
The Vanuatu Citizenship by Investment Program (CIP) was established in 2017. This program gives a pathway to foreign nationals to become citizens of Vanuatu, giving them access to the benefits and privileges related with Vanuatu citizenship.
Vanuatu is an archipelago country situated in the South Pacific Sea, known for its shocking excellence, immaculate sea shores, and lively culture. This program permits people and their families to get Vanuatu citizenship through making a passing interest in the country’s economy, for example, investment in real estate or contribution to Vanuatu development support program with a minimum investment of US$130,000.
With a Vanuatu passport, you can travel to 94 countries and territories without needing a visa, including hong kong and Malaysia.
The processing time for the Vanuatu Citizenship by Investment Program normally goes from 2 to 4 months.
KEY ADVANTAGES OF VANUATU CITIZENSHIP
- Vanuatu CIP processing time is the quickest among all Citizneship by Investment programs.
- Visa free travel upto 94 countries and territories including hong kong and Malaysia.
- No tax on worldwide income, inheritance, wealth and capital gains.
- Spouse, dependent children, dependent siblings, parents and grand parents can be added in the application.
- No residency required for gaining Vanuatu citizenship through CIP.
- Saint Kitts & Nevis recognises dual citizenship so you can retain your current nationality.
PROGRAM REQUIREMENTS
The applicant must fulfill one of the following investment options in addition to some additional requirements in order to apply for the Vanuatu Citizenship by Investment Program.
DEVELOPMENT SUPPORT PROGRAM (DSP)
Non refundable minimum DSP contribution for a single person is US$130,000.
REAL ESTATE INVESTMENT
The minimum investment in approved real estate project is US$200,000.
APPLICATION PROCESS – STEP BY STEP GUIDE
Step 1: Month 1
Client onboarding
- Screening to check initial eligibility of the applicant.
- Applicant will receive client care agreement for review and signature.
- Applicant will pay first invoice as per agreed payment scheduled.
- For property investment, initial deposit to developer and sign agreement with developer.
Step 2: Month 2-3
Application submission and review
- Gather documents required to submit application, assigned case worker will assist you in the process.
- Thorough assessment of documents by our lawyer in Vanuatu before submitting it to the Citizenship by Investment Unit (CIU).
- Applicant will pay second invoice as per agreed payment scheduled.
- Our local lawyer will Submit the application in CIU.
- CIU will perform it’s due deligence and we will collaborate with the unit for efficient processing of your application.
Step 3: Month 4
Passport issuance
- CIU after evaluation of your application for citizenship will make a decision.
- After approval of application, The applicant will be asked to pay remaining amount as per agreed payment scheduled for investment contribution and other governments fee’s.
- After confirming receipt of investment contributions by the government, CIU will issue certificate of Naturalization, followed by the issuance of your passports.