According to recent reports published in the Vanuatu government gazette, investors can now acquire citizenship through a new bond investment option under the country\’s citizenship by investment (CBI) program.
The bonds, which are denominated in Australian dollars, require minimum investments ranging from AUD 150,000 to AUD 180,000 depending on their maturity period of 2 to 3 years.
AUD 150,000 for bonds maturing in 3 years
AUD 170,000 for bonds maturing in 2.5 years
AUD 180,000 for bonds maturing in 2 years
The bond units will be issued by The Reserve Bank of Vanuatu and will not accrue interest. In addition to the principal investment, applicants will also need to pay an application fee of VT 5,000 (USD 42), a certificate fee of VT 10,000 (USD 84), and a global marketing fee of AUD 7,500 (approximately USD 5,000) to the designated master agent for the Investment Government Bond Option (IGBO).
Vanuatu, a small island nation in the South Pacific, has invested heavily in its passport program in recent years. The program offers citizenship to foreign investors who invest a certain amount of money into the country\’s economy. The benefits of the Vanuatu passport are many, including visa-free travel to over 130 countries, tax-free status, and access to some of the world\’s top investment opportunities.
With a population of just over 300,000 people, Vanuatu has been keen to attract foreign investment to boost its economy. The citizenship by investment program has been a key part of this strategy, as it offers investors the chance to become citizens of a country with a stable political system and a strong economy. This has proven particularly attractive to high-net-worth individuals who are looking for a safe haven for their assets.
The Vanuatu citizenship by investment program offers several benefits to investors who choose to participate, including:
- Visa-free travel: With a Vanuatu passport, investors can travel to over 130 countries visa-free or with a visa-on-arrival, making it an excellent option for those who need to travel frequently for business or pleasure.
- Tax-free status: Vanuatu does not have any personal income tax, inheritance tax, or capital gains tax, making it an attractive destination for investors looking to minimize their tax burden.
- Stable political and economic system: Vanuatu has a stable political system and a growing economy, providing a safe and secure environment for investors.
- Access to global investment opportunities: As a citizen of Vanuatu, investors have access to a range of global investment opportunities that may not be available in their home country.