Overview of Vanuatu
Vanuatu, located in the South Pacific, is an archipelago consisting of 80 islands situated to the east of Australia. Covering a land area of 12,199 km2, it has a population of approximately 320,000 people. The economic foundation of Vanuatu has traditionally been subsistence agriculture, with 80% of the population engaged in various agricultural activities, ranging from subsistence farming to cultivating cash crops like coconuts. The official languages are English and French, yet Vanuatu holds the distinction of being the most linguistically diverse nation globally, boasting over 100 languages. The local currency is the Vanuatu vatu, but US Dollars are widely accepted.
Vanuatu’s remarkable coral reefs and canyons attract a substantial number of tourists annually, making tourism the fastest-growing sector in its economy. In 2000, tourism accounted for 40% of GDP, contributing to an annual economic growth rate of 3.5%.
Citizenship by Investment Program of Vanuatu
In the Asia-Pacific Hemisphere, Vanuatu stands as the sole country with a citizenship investment program. The citizenship by investment program was initially introduced in early 2016 and officially adopted by the Vanuatu government in April 2017. The Vanuatu Citizenship Development Support Program (DSP) is recognized as one of the fastest citizenship by investment programs globally. Foreign investors can obtain their Vanuatu passports within 2 to 3 months.
Nevertheless, through the DSP, Vanuatu citizenship is purely honorary, and holders are not permitted to engage in any political activities within the country. This implies that honorary citizens cannot exercise their right to vote or stand for political office.
It’s important to note that individuals from Iran, Iraq, Syria, North Korea, and Yemen are not eligible for the Vanuatu citizenship program unless they hold permanent residence outside of those countries and have resided outside for a period exceeding five (5) years.
Citizenship by investment in Grenada is available through one option which is Donation to the Development Support Program (DSP).
Benefits of Vanuatu Citizenship and Passport
Opting for Vanuatu citizenship proves appealing to those aiming to enhance their global mobility and reduce tax obligations. Vanuatu boasts a favorable tax regime, where no taxes are levied on income, inheritance, or gains. Applicants can obtain their passport within a month, granting them visa-free access to over 130 countries, including strategically important destinations like Singapore and Hong Kong.
Vanuatu passport holders are privileged to numerous benefits:
- Visa-free access to over 130 countries and territories, including Schengen zone & UK
- Option to live in a peaceful, beautiful country
- Quick process with 45-60 days to full citizenship in Vanuatu
- No income, inheritance , wealth or capital gains tax
- Allows dual citizenship
- Conducive investment environment with good returns on real estate environment
Vanuatu Citizenship by Investment Options
Donation to the Development Support Program (DSP)
A non-refundable donation depending on the number of dependents included in the application:
Single applicant
$130,000
Main applicant and spouse
$150,000
Married couple plus one child under 18
$165,000
Married couple plus two children under 18
$180,000
Additional dependents
$15,000 per dependent
Due Diligence Checks
$5,000 per application
How to Qualify for Vanuatu Citizenship?
- Main applicant to Vanuatu citizenship must be 18 years of age or older
- Applicants must hold no criminal record
- Proof of funds totaling at least $250,000
- Dependent children under the age of 25
- Dependent parents above the age of 50
How to Apply and Obtain Vanuatu Citizenship?
The process to obtain Vanuatu citizenship is straightforward, especially with the guidance of an experienced consultant. The Citizenship Network team will assist you through the investment process step by step, ensuring a smooth and efficient journey towards acquiring your Vanuatu passport in the shortest time possible.
- Our specialized team will assist you in collecting, translating, and notarizing the required documents, ensuring compliance with Vanuatu government requirements.
- The documents, along with due diligence and processing fees, will be submitted to the government of Vanuatu for pre-approval. Due diligence checks will be conducted during this stage.
- Upon receiving pre-approval, our Citizenship Network team will initiate your citizenship application, guiding you through the remaining steps and reminding you to pay any outstanding fees.
- Once your application for citizenship is approved, you will take the Vanuatu citizenship oath. Subsequently, you will be issued your Vanuatu passport, completing the process. Our team is dedicated to ensuring a smooth and efficient journey throughout the citizenship application process.
Reach us to learn all about Vanuatu Program, Application Details and Visa-Free Countries
In recent years, the Vanuatu government has made significant efforts to broaden the list of countries offering visa-free access to Vanuatu passport holders.
FAQ’s About Vanuatu Citizenship
How do I become a citizen of Vanuatu?
Vanuatu’s citizenship can be obtained through a financial contribution to the government, with a fee of $130,000 for a single applicant and $180,000 for a family of four.
Does Vanuatu allow dual citizenship?
Yes, Vanuatu allows dual citizenship, and investors are not required to give up their existing citizenship.
How long is the Vanuatu passport valid for?
The Vanuatu passport is valid for up to 5 years from the date of issuance.
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