- +97144308028
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- +97144308028
- Emaar Business Park, Dubai
- Monday - Friday | 9:00 - 18:00
Vanuatu
Program and benefits of Vanuatu citizenship by investment
In January 2017, the Government of the Republic of Vanuatu launched its Development Support Program (VDSP) to raise funds to support infrastructure and promote the economic development of Vanuatu. The DSP was enacted by the Vanuatu Government under the Citizenship Act (CAP 112) with the powers conferred on the Prime Minister by Section 20 of the Citizenship Act (112) Order No.215 of 2016.
The Republic of Vanuatu welcomes foreign investors to apply for its citizenship by investment program. By making an economic contribution to the country’s DSP, Vanuatu grants its citizenship and Vanuatu passport by investment to the contributor, their spouse, children under 25, and parents over 50, within the same application.
Qualified individuals will be able to acquire a Vanuatu passport by investment within 3 months with no interview or residency requirements.
Vanuatu Program Requirements
The Vanuatu passport by investment program requires making a non-refundable donation to the country’s Development Support Program (DSP).
Benefits of Vanuatu Passport by Investment
Vanuatu citizenship and passport in about 1-3 months
Vanuatu has no income tax, wealth tax, capital gains, or inheritance tax
Visa-free travel to 89 countries
Dual citizenship is allowed in Vanuatu
Dependent children up to 25 years old and parents over 50 can be part of the same application
Vanuatu is open to most nationalities
No residency requirement or interview to acquire citizenship
Steps and Timeline
Step 1: Prequalification of the primary applicant.
Step 2: Citizenship Bay and the client enter into a service agreement.
Step 3: Advice and assistance are provided to the client with the preparation of documents and government forms.
Step 4: The applicant’s file will be complete at this stage and due diligence fees will be paid.
Step 5: Citizenship Bay will submit the preliminary application to the Financial Intelligence Unit (FIU) to obtain initial approval.
Step 6: After the FIU assesses the applicant’s file and due diligence is completed, a “Clearance Letter” will be issued.
Step 7: The applicant is required to make the applicable contribution to the Development Support Program (DSP), and the rest of the documents will be submitted for final approval.
Step 8: The government issues the naturalization certificate(s).
Step 9: Passport applications are submitted, and Vanuatu passports by investment will be issued within a few days.
Step 10: Passports and naturalization certificates are delivered to the client in an Oath Ceremony. Balance of fees will be due.
FAQs
Vanuatu citizenship can be acquired through the Citizenship by Investment Program via one of the following options: Donation to a government-approved fund; Investment in a government-approved real estate project; Contribution to the Cocoa Sustainable Fund (CSF). The program offers fast processing, no residency or travel requirements, and allows family members to be included in the application, making it a flexible and efficient route to citizenship.
The minimum investment required to obtain Vanuatu citizenship is $130,000 for a single applicant. The application process requires additional government and processing fees, as well as a mandatory due diligence fee.
Yes. Vanuatu citizenship allows citizens to enter 89 countries without a visa or with with visa on arrival. The program offers a lot of benefits to applicants, mainly tax exemptions on personal income, capital gains taxes, and inheritance taxes. The application process for this program is straightforward. It allows applicants to maintain their current citizenship status.
The Vanuatu citizenship-by-investment program is considered one of the world’s fastest programs. The entire application process, which includes due diligence approval, can be completed within 2 to 3 months.
The program requires applicants to be over 18 years old with a clean criminal history. They have to prove that they have at least $250,000 in net assets. Nationals of North Korea, Iran, Iraq, Syria, Afghanistan, and Yemen are generally restricted unless they can prove continuous residence outside these countries for more than five consecutive years.
No, the visa waiver has been suspended, and a visa must be obtained to visit these countries.
No, the citizenship certificate and Vanuatu passport can be obtained through an authorized agent or at Vanuatu consulates worldwide.
Yes, the citizenship acquired through DSP/VCP schemes is granted for life and can be passed through three generations