Citizenship of Vanuatu By Investment
Vanuatu is located in the oceans of pacific. In this certain region, Only Vanuatu is offering citizenship by investment program. Vanuatu has 80+ islands stretched over the area of 1300 kilometers. Vanuatu got its freedom back in 1980 and since then, it’s making utmost efforts for their economic growth. Similarly, Vanuatu is covered with huge rugged mountains & clear blue beaches are the real essence of the country. Moreover, Vanuatu’s economy majorly depends on subsistence agriculture trade within and outside of the country. The government of Vanuatu understood the significance of tourism long ago and working hard to increase foreign interest in the country.
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Overview of Vanuatu Citizenship by Investment Program
Vanuatu citizenship is a desirable option for those seeking to increase their global mobility with visa-free access to over 129 countries worldwide and lower tax burdens. Vanuatu is a favorable tax regime with no taxes imposed on income, inheritance, or gains. The government of Vanuatu has not attached real estate investment to the citizenship program. Rather, there is an option to contribute to the local development funds. But once you have Citizenship of Vanuatu, you can invest in the growing travel and tourism industry. From Ferries to Resorts, import, and export, there are many business options to invest in.
Citizenship by Investment Program Route
For the Citizenship by Investment Program, the Government of Vanuatu encourages a contribution toward the Local Development Fund. The contribution amount varies as per the number of people applying.
One person’s contribution is USD 115,000.
260, 000 USD (includes main applicant, spouse, and 1 child aged under 18 years)
19, 250 USD (children less than 18 years, IF included)
44, 250 USD (a dependent aged 18 to 21, IF included)
But the applicant must submit the proof of USD 250,000 in accounts.
Benefits of Vanuatu Citizenship
- Fastest processing of 35 Days
- Most economical citizenship by investment program
- Visa-free travel to more than 129+ countries
- No requirement to travel & reside in Vanuatu during the application process.
- Dual and lifetime Citizenship for family
- Zero taxation zone with a very stable economy
- Access to high-quality education institutes & the healthcare system