The Golden Visa for Vanuatu Program is a citizenship-by-investment scheme that offers a path to citizenship in Vanuatu for those who are willing to invest in the country’s development. The program is designed to attract foreign investors and provide them with a second passport, which can be used for travel, business, and personal purposes.
The program requires a minimum investment of $130,000 for individual applicants, which is one of the most affordable citizenship-by-investment schemes available today. The investment can be made in the form of a non-refundable contribution to the special Vanuatu government fund, which is used to fund various economic sectors in the country. In return, applicants receive citizenship in Vanuatu, which comes with a range of benefits, including visa-free travel to over 55 countries, tax benefits, and the ability to live and work in Vanuatu.
Key Takeaways
- The Vanuatu Golden Visa Program is a citizenship-by-investment scheme that offers a path to citizenship in Vanuatu for those who are willing to invest in the country’s development.
- The program requires a minimum investment of $130,000 for individual applicants and provides a range of benefits, including visa-free travel to over 130 countries, tax benefits, and the ability to live and work in Vanuatu.
- The program is designed to attract foreign investors and provide them with a second passport, which can be used for travel, business, and personal purposes.
Eligibility and Application Process
Initial Eligibility Criteria
To be eligible for the Vanuatu Golden Visa program, applicants must meet certain criteria. The program is open to individuals over the age of 18 who have a clean criminal record. There is no requirement to have a minimum level of personal income.
The primary requirement for the program is a qualifying investment. Currently, the minimum investment required is $130,000. This can be in the form of a non-refundable contribution to the Vanuatu Development Support Program (DSP) or an investment in pre-approved real estate.
Application and Due Diligence
The application process for the Vanuatu Golden Visa program is straightforward and can be completed in a short amount of time. Applicants must work with an authorized agent to submit their application to the Vanuatu Citizenship Commission.
As part of the application process, due diligence checks are conducted on all applicants. This includes a background check and screening by a committee appointed by the Vanuatu Citizenship Commission. The due diligence fee is included in the application fee and is non-refundable.
Approval and Oath of Allegiance
Once an application is approved, the applicant is required to take an oath of allegiance to Vanuatu. This can be done either in Vanuatu or at a Vanuatu embassy or consulate.
Additional fees may apply for the issuance of a passport and for any dependents included in the application. It is important to note that the Vanuatu Golden Visa program does not guarantee citizenship or permanent residency.
Overall, the Vanuatu Golden Visa program offers a straightforward and efficient path to citizenship by investment. With a clear set of eligibility criteria and a simple application process, it is an attractive option for those seeking a second citizenship.
Investment Requirements and Options
Vanuatu’s Golden Visa program offers investors a relatively straightforward path to citizenship. The program’s investment requirements and options are designed to make the process as accessible as possible.
Minimum Investment and Fees
To obtain Vanuatu citizenship through the Golden Visa program, investors must make a minimum non-refundable contribution of $130,000 to the National Development Fund. In addition to the contribution, investors must also provide proof of an available bank account balance of at least $250,000.
There are also additional fees associated with the application process, including a due diligence fee of $5,000 per person and an application fee of $1,000 per person. These fees are non-refundable and must be paid in full at the time of application. the table below show the charges for the application of a Vanuatu Golden Visa:
Investment Avenues
Investors have several investment avenues to choose from when applying for Vanuatu citizenship through the Golden Visa program. The most common investment option is a non-refundable contribution to the National Development Fund. This fund is used to support various economic sectors in Vanuatu.
Another investment option is the local development fund. This fund is used to support development projects in Vanuatu’s provinces and is managed by the local government.
Real estate ownership is also an option for investors. The real estate option requires investors to purchase property in Vanuatu with a minimum value of $400,000. The property must be held for at least four years before it can be sold.
Investors may also choose to invest in cryptocurrency or other approved financial instruments. However, these investment options are subject to additional due diligence requirements and may not be available to all investors.
Overall, the Vanuatu Golden Visa program offers a range of investment opportunities for investors to obtain citizenship. The investment requirements are straightforward, and the program is designed to be accessible to a wide range of investors.
Benefits of the Vanuatu Golden Visa
Vanuatu’s Golden Visa program offers several benefits to individuals and families seeking a second passport or permanent residence in a safe and affordable location.
Visa-Free Travel and Global Mobility
One of the most significant advantages of obtaining Vanuatu citizenship through the Golden Visa program is visa-free travel. With a Vanuatu passport, you can travel to more than 130 countries without a visa, including the United Kingdom, Russia, and the European Union’s Schengen Area.
Tax Advantages
Vanuatu’s tax system is favorable for high net worth individuals and investors. The country has no income tax, wealth tax, or inheritance tax, making it an attractive destination for those seeking to protect their wealth.
Family Inclusion
The Vanuatu Golden Visa program allows for family inclusion, meaning that dependent children and parents can also obtain citizenship. This is a significant advantage for families seeking to relocate to a safe and peaceful location.
Moreover, the application process for Vanuatu Golden Visa is relatively quick and simple, with an average processing time of 30 days. The program offers dual citizenship, allowing you to keep your current passport while also obtaining a Vanuatu passport.
In conclusion, the Vanuatu Golden Visa program offers a range of benefits, including visa-free travel, tax advantages, family inclusion, and quick processing times. It is an excellent option for those seeking a second passport or permanent residence in a safe and affordable location.
Golden Visa for Vanuatu: Living in Vanuatu
Residency and Citizenship
Vanuatu is a beautiful island nation located in the South Pacific. It offers a golden visa program that allows investors to obtain citizenship in just six weeks. The program requires a non-refundable contribution of at least $130,000 to the government’s National Fund to obtain citizenship. Applicants must also meet the good character requirement and provide proof of funds.
The program also offers residency options for those who do not want to obtain citizenship. The residency program requires a minimum investment of $50,000 in the government’s National Fund. The program allows investors to live and work in Vanuatu and travel visa-free to many countries worldwide.
Spouses, dependent children, and parents can also be included in the application. The investment price increases for family requirements. For example, if applying with a spouse, the investment price is $150,000. If applying with a spouse and one child, the investment price is $165,000.
Life and Culture
Vanuatu is a great place to live and raise a family. The country has a rich culture and is known for its friendly people. The official languages are English, French, and Bislama. The education system is modeled after the British system and offers quality education.
Vanuatu has no income tax, making it an attractive destination for investors. The country is located in the Asia-Pacific hemisphere and has a stable economy. It offers a low cost of living and a relaxed lifestyle.
The country has a tropical climate with two seasons, wet and dry. The wet season runs from November to April, while the dry season runs from May to October. Vanuatu is known for its beautiful beaches, coral reefs, and clear blue waters. The country also offers a variety of outdoor activities, including hiking, fishing, and water sports.
In conclusion, Vanuatu offers a unique opportunity for investors to obtain residency or citizenship in a beautiful island nation. The country offers a relaxed lifestyle, quality education, and a stable economy. It is a great place to live and raise a family.
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