It should never be a misinterpretation to state that second citizenship has become a necessary investment alternative instead of a luxury product. In the chaotic conditions, the second citizenship is considered as insurance. Vanuatu is the country that offers second citizenship by its citizenship programs that have been approved since 2017. The citizenship programs are Vanuatu Citizenship by investment and Vanuatu development support program. Development support program was introduced in 2017 and its purpose is to create local jobs and boost the economy of Vanuatu. An applicant applying in this program has to pay 130000$ as a donation. Both the programs have the same investment amount but both provide different investment opportunities. Vanuatu Citizenship by Investment Programme is the only program of its type in the south-western Pacific Ocean. Investment for Vanuatu Citizenship is 130000$ for a single applicant, 150000$ for a married couple, 165000$ for a family of three and 180000$ for the family of four.
Vanuatu is an archipelago of 80 smaller islands which lie around 1800 kilometres east of Australia and almost 800 kilometres west of Fiji. Vanuatu is full of natural beauty and there are so many attractive spots that attract thousands of tourists every year. Applicants who get citizenship through Vanuatu Citizenship by Investment programme are entitled Citizenship with full Ni-Vanuatu rights(Less voting and political involvement rights). Vanuatu Citizenship by investment has become the most desirable and fascinating option for the people looking for second citizenship as the Vanuatu Passport increases international mobility and is called as an international travel document because Vanuatu Passport holder has access of passport and Visa-free travel to more than 130 countries. Vanuatu citizens get the benefit of fast-track processing while travelling to Commonwealth countries i.e Australia, Canada and New Zealand. Vanuatu citizens are formally permitted to stay up to 90 days within any of the above-mentioned nations and can stay 180-days in any of the Schengen countries and up to six months in the UK.
Investment Opportunities in Vanuatu:
The government of Vanuatu has opened the matchless Business investment opportunities for the foreigner investors through their investment scheme to their citizenship programme i.e Real estate investment, agriculture investment, livestock investment and investment in the tourism sector. There are no limitations on foreigner investors while purchasing a property. One can invest in city land, buy a rest house and buy a resort. The best investment is the Tropical Pawpaw Farmlet Investment Opportunity. Every tree can create more than 80 kg's a season, so the extensive return could be $6,000 to $12,000 per annum. Vanuatu government has made available separate destinations devoted to only the farming of cattle. The livestock business has proved itself to be profitable in exporting out the beef to outside market sectors, for example, Australia, Japan, New Zealand and other Pacific Island nations. The tourism sector is generally seen as the nation's most important development sector, making up over half of the nation's GDP. If you want to invest in tourism then invest in the resorts and hotels which are located in eye-catching areas because the main destination for tourists seeking accommodation in Vanuatu is the internationally branded resorts.
Vanuatu Passport Ranking and Requirements:
Passport ranking of Vanuatu is 40th in terms of travel freedom according to the Henley Passport Index with mobility score 77, Visa-free 42, Individual Power Rank 82 and World reach 39%. Vanuatu government policy for issuing passport is the Government issues passport only to those applicants who are Vanuatu citizens by birth and to those who obtain Vanuatu Citizenship through CBI or DSP program. There are requirements which the foreign applicant has to meet while applying for the Vanuatu citizenship and Vanuatu Passport.
A completed application form.
Your Valid passport's attested copy.
Your national identity's attested copy.
Clearance certificate from local Police.
You should pass the Vanuatu due diligence check.
A marriage certificate, if married.
Medical certificate that confirms you’re in good health.
Passport size photographs.
A bank statement showing your personal assets, at a minimum $250,000.
The legislative base for a Citizenship by Investment was legalised in the form of dual citizenship act in the parliament on December 2012. The main focus of this act was to attract foreign investment in the country to create local jobs and to boost the economy. Vanuatu citizenship is an attractive offering for the investors as Vanuatu is the tax-free heaven with no tax restrictions imposed on income, inheritance, or capital gains. Vanuatu offers offshore company formation and offshore banking with full privacy of personal assets.
WHY CHOOSE CITIZENSHIP BY INVESTMENT IN VANUATU?
Vanuatu has the only citizenship by investment program of its type in the south-western Pacific Ocean countries. Vanuatu has so many attractive and eye-catching places that attract so many visitors from all over the world every year. The main benefit of Vanuatu citizenship by investment is Citizenship certificate with Vanuatu passport is provided to the citizen in just one month. If you are looking for a second passport then Vanuatu provides the best alternative citizenship by investment option as Vanuatu provides the best investment opportunities to the investors and you can also travel to more than 130 countries without any visa by just having a Vanuatu passport that will save your time and money. We are providing citizenship to more than 600 foreigner investors every year and the number of applicants exceeds the quota limit every year. Vanuatu is a peaceful country with no army and is the best plan B for the people around the globe as in the condition of any kind of unrest you can easily move to Vanuatu. Vanuatu is an island nation and the people have a welcoming attitude and have a rich culture who enjoy a quality life. We provide all kind of assistance to the new applicant from the start of application submission to the passport issuance. Our experts remain in contact with the applicants who resolve their queries and provides them with a better solution. We have provided citizenship passport to more than 3000 people form 2017 to until now.