Vanuatu’s citizenship by investment program has become an increasingly popular option for high net worth individuals seeking a second passport. As a South Pacific island nation, Vanuatu offers a tropical paradise lifestyle and a tax-free environment. Its passport provides visa-free access to over 129 countries, making it an appealing travel document. This article will examine the key benefits and requirements for obtaining Vanuatu citizenship through investment.
Visa-free Travel Mobility with Vanuatu Passport
One of the main motivations for investors to acquire Vanuatu citizenship is the travel freedom it provides. As a Vanuatu citizen, you can enjoy visa-free entry to major destinations like the UK, Russia, Hong Kong, Singapore and most of Europe. The passport is ranked 43rd in the world according to the Henley Passport Index. Although Vanuatu is not part of the EU, its citizenship program is officially recognized by the EU. So you can live, work and study anywhere in Europe as a Vanuatu citizen.
Fast and Straightforward Application Process
The application process for Vanuatu’s citizenship program is relatively quick and easy compared to other CBI options. There is no residency requirement and the entire process can be completed remotely in just 2-3 months. After paying the citizenship fees and undergoing due diligence checks, citizenship is granted and passport issued. The lack of travel or interview requirements makes Vanuatu one of the most convenient CBI programs available today.
Family Inclusion and Dual Citizenship Allowed
A key benefit of Vanuatu’s program is the ability to add family members in a citizenship application. Dependent children up to 25 years old and elderly parents can be included for a single additional fee. There is no limit to the number of dependents that can be added. Vanuatu also permits dual citizenship, so you can retain your existing nationality. The passport can be passed down to future generations by descent.
Investment Options Starting from $130,000
There are two main investment options for obtaining Vanuatu citizenship – a non-refundable donation to a government fund or purchasing real estate. The donation route starts at around $130,000 for a single applicant. For the real estate option, you must invest at least $260,000 in designated properties and maintain ownership for at least 5 years. While the real estate pathway has higher capital requirements, it offers the potential for capital appreciation over time.
With visa-free access to over 129 countries, fast processing times and family inclusion, Vanuatu’s citizenship by investment program offers an appealing route to a second passport. Investors should evaluate their needs and finances to determine the most suitable investment option – real estate or donation. Professional advice is highly recommended to ensure a smooth application process.