Vanuatu Citizenship By Investment Program & Passport
Own A Powerful Second Passport In 30 Days Or Less
The Ni-Vanuatu are predominantly Melanesian, with a mild mix of Polynesian. The country has rich traditions, but proudly declares itself a Christian nation, work permit turkey reflected in the wording in its coat of arms, “Before God we Stand”. Being part of the Commonwealth makes a Vanuatu passport very attractive.
Two related applicants—for example, two brothers with wives and families—can invest $200,000 each in the same property and qualify. You can expect provisional approval halfway through, at which time you’ll be asked to make the agreed-upon contribution or close on the real estate purchase. You qualify for the first by buying a piece of government-approved real estate on either St. Kitts or Nevis for a minimum investment amount. You can invest at least $400,000 in a piece of property that must be held for five years or at least $200,000 in a property that must be held for a minimum of seven years.
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The country gained its independence in 1980 and, since this region was jointly administered by France and the United Kingdom for a considerable period, it has three official languages namely Bislama, English, and French. Not to have been denied a visa to a country with which Vanuatu has visa-free access. Due diligence checks and additional property checks completed by our experts. Study the application, sign the retainer agreement, prepare tailor made list of documents and application preparation.
A certificate of citizenship is also visible in the frame, and although the names are obscured, a tracking number is clearly visible, showing that it was issued through Vanuatu’s development support programme in 2020. Metadata attached to the video file indicates it was created in February 2020. The programs have grown rapidly to become one of the Vanuatu government’s turkish citizenship by investment chief earners, as its budget bottom-line has been hurt by pandemic shutdowns. In the first six months of 2020, passport sales represented nearly half of Vanuatu’s total income. Vanuatu runs citizenship-by-investment programs that allow foreign nationals to buy citizenship for US$130,000 for a single applicant, $80,000 of which goes directly to the government.
Why An Alternative Residence?
Contact Us today for a personalized list of required documents for you and your family. The staying permit turkey program is open to applicants from any country except Iran, Iraq, Syria, North Korea and Yemen. Vanuatu offers a streamlined route to citizenship-by-investment with no physical residency required and an attractive offering for investors seeking visa-free travel to the European Union, United Kingdom, Russia, Singapore, etc. The Vanuatu Development Support Program was created by the Government of Vanuatu in 2017. TheObjective of the Plan is to facilitate and attract overseas investors. Vanuatu has passed and enacted all necessary legislation and regulations.
Obtaining permanent residency-through-investment has become a very fast process which can be completed within 3-5 months. This article should not be construed as legal, tax or investment advice. Flag Theory has access to a global network of qualified attorneys and accountants who can give you the proper advice for your particular circumstances. Investing in Vanuatu has its risks, as it is a country vulnerable to natural disasters, its infrastructure is weak and its geographic isolation are just some of the possible obstacles to investment. But being an economy that has started to develop relatively recently, and with only 5 years of membership in the WTO, it can offer some attractive investment opportunities, as many parts of its economy have yet to be developed.
Most nations like France, the United States, Ireland, and Canada typically fast-track your naturalisation timeline so that one can receive their second passport without much hassle. If you are someone who is looking to expand their entrepreneurial law firm empire by running or owning a company in a different nation, this can be an ideal option for you. In order to get a passport of Vanuatu, the applicant needs to donate funds to the country’s Development Support Program.