Vanuatu Citizenship by Investment Program
by XIPHIAS IMMIGRATION migration executiveVanuatu is an island country located in
South Pacific Ocean and is part of Oceania continent. It’s an archipelago. Most
of the islands that are part of Vanuatu were formed because of volcanic
eruptions. Vanuatu has started their Vanuatu
Citizenship by Investment program to help them fund their development
projects. Anybody who can make a donation of USD $130,000 can become eligible
for citizenship of the country.
Investing in countries outside increases
one’s wealth and personal net-worth. The Citizenship
by investment programs bring in lot of benefits for the investor. An
international passport allows the holders to travel to more than 100 countries
visa free. Citizenship in another country allows the investor explore the
markets in the country where he has citizenship in. The citizenship application
can be extended to all of the family of the main applicant albeit with extra
fees for each of the added applicants. However, citizenship in a new country
will have its own set of regulations and limitations.
The whole process to obtain Vanuatu
Citizenship by Investment program is 2 months. This program was started in the
year 2017 in support of the Vanuatu Development Support Program. Vanuatu allows
dual citizenship for their new citizens. However, they will not be allowed to
participate in the administration of the country. With Vanuatu passport, the
investor gets to travel to more than 125 plus countries visa free. In the
recently introduced investment immigration programs, Vanuatu is one of the most
prominent ones which is also fast gaining importance. The application
processing is fast and does not require the investor to step into the country
during or after having received the citizenship. Investment immigration is
gaining more popularity than the skilled
migration programs.
With Vanuatu passport the investor can
travel to 125+ countries visa free which includes travel to countries like UK,
Hong Kong, Schengen countries among others. The country has no income tax,
wealth tax, tax on capital gains and inheritance tax. The program takes less
than 2 months to process with limited documentation required. The applicant’s
spouse and children below the age of 26 years can obtain the citizenship along
with the main investor. However, the purchase value of citizenship will be USD
$180,000 for a family of 4. The investor’s parents who are more than 50 years
of age can be part of this program. Vanuatu is located close to Australia and
New Zealand and both countries invite skilled professionals into their country
to fill in their job vacancies through Australia
skilled immigration program and New Zealand immigration programs.
As part of the process, the investor will
has to enter into retainer agreement and pay required fee at the time. The
investor will submit their application along with the required documents. The
required documents include certificates from the local authorities that the
investor has no records of criminal background to his credit. They will need to
submit health certificate.
Once the application is received Vanuatu
Financial Intelligence unit evaluates the documents to approve the application.
Once the applicant gets his approval, the investor will need to pay 25% of the
Government contribution. Once the citizenship is approved, the applicant can
pay the remaining 75% of the contribution value. The applicant receives his
citizenship and passport at the same point of time.
Most investment immigration programs
require that the aspirant investor work with approved international investment
immigration agents and not apply directly for the same. There are very few
genuine international
investment immigrations experts and it is important that the applicant
chooses one of them to help them successfully obtain citizenship of the
countries of their choice. XIPHIAS Immigration is one such team of
international investment immigration experts who have helped hundreds of HNIs
to invest in another country and be benefitted for the same.
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Created on Dec 3rd 2020 05:01. Viewed 367 times.