VANUATU

Vanuatu is an island nation by the South Pacific Ocean, made up of mountains, lush tropical rainforests, and turquoise blue waters. Vanuatu is the ultimate paradise for expats looking to upgrade their lifestyles.

Vanuatu is also known as an offshore financial center. They offer a wide variety of banking, investing, legal, accounting, insurance, and trust services. Also, there is no estate or inheritance taxes, no capital gains taxes, no dividend distribution taxes, no capital gains taxes, no withholding taxes, no foreign currency controls, no company regulations, easy administration, or privacy, etc.

Last year, the Vanuatu Government launched several programs to grant citizenship or residency to foreigners who make investments or donations to the country. The new Vanuatu citizenship by investment program came into effect in 2017, by which through a donation a foreigner can obtain a Vanuatu passport, considerably valuable after the visa waiver agreements with Russia and the Schengen area.

Capital
Port Vila
Population
276,244 (2017)
Currency
Vanuatu Vatu
GDP
USD 862.9 Million (2017)

About Vanuatu Citizenship by Investment Program

The Vanuatu Citizenship by Investment Program is also referred to as the Vanuatu Citizenship Development Support Program (DSP) and is one of the fastest and most straightforward ways to acquire a second passport.
Currently, under the Honorary Citizenship Act [CAP 112] of Vanuatu, honorary citizenship can be obtained by donation through the Development Support Program.

The Development Support Program replaced the former Economic Citizenship Program -Vanuatu Economic Rehabilitation Program (VERP)-, which was established in 2015 to raise funds to mitigate damage made by Tropical Cyclone Pam to the infrastructure and houses.

On January 1, 2017, come into force the Regulation Order No. 215 and 216 of 2016, which grants under the Development Support Program, honorary citizenship by investment in Vanuatu to foreigners who make certain economic contributions to the Government.

The best advantage of the Vanuatu citizenship program is that a Vanuatu passport grants you visa-free travel to 96 countries, including the UK, Singapore, Hong Kong, and Russia.
Even though the program is not the cheapest option, Vanuatu offers great support if you have an international business to run, which requires a lot of travel.

Eligibility 

The Applicants of the program must have the following:

  • Be of outstanding character.
  • Hold no criminal record.
  • Have excellent health.

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