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Vanuatu Citizenship-by-Investment: Swift and Smart way to your second passport

09 December 2021

Vanuatu, one of the leading offshore financial centers in the Pacific, is offering its citizenship in exchange for investment and opening up great business management opportunities.
The importance of second citizenship for people with less powerful passports is indisputable. It always pays to have a contingency plan in case of unforeseen political or economic circumstances or guarantees for asset safety. The quickest way to get all of these in one package is to invest in the Government Development Fund.

Vanuatu Citizenship-by-Investment: Swift and Smart way to your second passport — Migronis

Interested in Vanuatu CBI Program?

Make a contribution of a $130,000 for a sole person or for a family of 4!

What’s the appeal of Vanuatu for foreign investors?

Twelve countries around the globe have Citizenship-by-Investment programs (CIP). Such Caribbean countries as Saint Kitts and NevisDominicaAntigua and BarbudaGrenadaSaint Lucia are constantly competing for the foreign investors’ attention, using the foreign funds to survive economic crises and develop. Thus, the countries with CIPs would often update the conditions of the programs in a bid to gain more applicants, hereby making them more beneficial and appealing.

And here it’s high time to consider Vanuatu for your relocation

Vanuatu is one of the fastest and easiest ways to get second citizenship

Vanuatu Citizenship-by-Investment: Swift and Smart way to your second passport — Migronis

Vanuatu Citizenship-by-Investment: Swift and Smart way to your second passport — Migronis

Vanuatu Citizenship-by-Investment: Swift and Smart way to your second passport — Migronis

We at Migronis can help you decide which nation is the best for you and which program suits your budget and needs perfectly. To know more about the options available for you

Why Vanuatu citizenship is so good?

Just think:

  1. Visa-free travel to 133 countries, including the UK, Russia, and much more
  2. No income, wealth, inheritance, capital gains, and estate tax
  3. Possibility to get long-term visas to the USA and Canada
  4. Citizenship for lifetime
  5. Citizenship is hereditary
  6. Parents (56 and older) and children (up to 25 years old) can obtain citizenship together with an investor
  7. Fully remote procedure
  8. Dual citizneship is allowed
  9. The process of obtaining the second citizenship of Vanuatu is strictly confidential, and no third parties are informed of the deal
  10. No residency requirements

Looks solid, right? 

Can’t figure out which passport of the 5 Caribbean countries suits you best?

This guide will walk you through things to keep in mind, highlighting the most important advantages and differences of each country!

There is more to be said about Vanuatu CBI program

Vanuatu’s 2016 GDP reached $774 million. The country is a significant offshore financial center of the Pacific Region.

And, though the conditions of interaction with global financial havens have become slightly more complicated, Vanuatu still retains the advantages.

Another uncommon feature of Vanuatu’s citizenship by investment program is that even those who were denied a passport by other Caribbean countries may still have a chance with Vanuatu. Caribbean nations often exchange information on the candidates whose applications were turned down. However, the authorities of Vanuatu base their decision on their own conclusions. As a result, this country’s citizenship may be the last resort for foreign investors with previously rejected applications.

Step‑by‑step procedure for obtaining Vanuatu citizenship

The Development Support Program of Vanuatu, as mentioned above, requires a non-refundable donation of $130,000 both for a single applicant and a family of 4.

There are several stages of obtaining the second citizenship of Vanuatu.

  1. First, all the applicants submit copies of all the necessary documents and undergo a free preliminary check.
  2. Next, notarized original documents are submitted, and a document package is prepared, which takes 1 or 2 weeks. The first batch of payments is made: due diligence fee and 25% of the non-refundable donation.
  3. After the documents are submitted to the Screening Committee, the Committee will perform the due diligence check via the Financial Intelligence Unit (FIU). Once the FIU confirms the applicants have a clean criminal record and their funds are legal, the applications are passed on to the Citizenship Commission, which, in its turn, submits a list of approved candidates to Vanuatu’s prime minister.
  4. After reviewing and signing the list, the PM submits it for the president to sign. After completing the screening and signing procedures, the candidate pays 75% of the non-refundable citizenship cost.

The candidates also has to submit biometrics by going to Hong Kong for this purpose, or even in one’s country in a specialized institution that will directly send the data to Vanuatu. An applicant is aexpected to take an Oath of Allegiance, which may be done via Skype. Certificates of naturalization are issued next.

Finally, within the next 2 weeks, the foreign investor and their family members receive their Vanuatu passports.

The principal documents are:

  1. Internal and international passports;
  2. 6 coloured passport photos per person;
  3. Birth certificates;
  4. Certificates of non-criminal record (for applicants over 18 years of age);
  5. Health check and health statements;
  6. Marriage certificates;
  7. Proofs of financial dependence (certificate issued by the education institution for children, birth certificate for parents).

Important! The investor is also expected to provide confirmation of the source of funds. This includes employment verification (certificate of employment, employment contract) or proof of business ownership (a license, registration documents, financial reports, etc.). In addition, the principal applicant – the investor – must provide proof of ownership of a minimum of US $450,000 of assets.

What is the total budget for a passport?

  1. $130,000 — the main applicant, the spouse, and 2 children
  2. $5,000 — additional child under 18 years of age
  3. $10,000 — additional child aged 18-25
  4. $10,000 — parents over 65 years of age.
  5. $2,000 — due diligence per person
  6. $50,000 — processing for a sole applicant
  7. $70,000 — processing for a family of four
  8. $90,000 — processing for a family of six

The total average maximum of Vanuatu’s citizenship for the whole family is $280,000 with all the fees and extra payments.

This is a good alternative for European economic citizenship programs! In Cyprus, for example, the minimum budget for a passport is €2 million, and in Malta, €650,000. Once all requirements are met, and citizenship acquisition stages complete, the second passport of Vanuatu is all yours. It is valid for 5 years, and is subsequently renewed for the same period of time, but the citizenship is issued for an indefinite amount of time, and is inherited by the future generations.

What can Migronis do for you?

We at Migronis can help you create the ultimate portfolio of passports and residencies to become the optimal global citizen, with no boundaries or regimes holding you back. Our expertise in investment migration with our customer-centric approach allows us to decipher your needs and situation, we then research the best options and provide you with the ultimate route to complete global freedom for you and your family. 

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