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Vanuatu To Become More Popular Among Mainland Chinese, Hong Kong Investors Once It Allows Property Investment For Residency, Passport

citizenship 250.000 USD

Vanuatu To Become More Popular Among Mainland Chinese, Hong Kong Investors Once It Allows Property Investment For Residency, Passport

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How Selling Citizenship Is Now Big Business

New Street, London Ex2m 4tp, United Kingdom

With an investment of $150,000 you can obtain citizenship using VCP and DSP scheme. Vanuatu involves four fundamental islands and 80 more modest islands, around 60 of which are possessed. VSA tasks generally the most recent two years, so neighborhood language preparing is significant.

vanuatu passport

Currently, the Citizenship by Investment Program of Vanuatu only includes the option of making economic contribution to the government fund. But despite the troubles and the uncertainty, the program remains an attractive option for those seeking a second passport. Vanuatu might be a gorgeous archipelago in the South Pacific with a regionally strategic location to boot, but most people know it as an offshore tax haven. That means no income tax, no corporate tax, and no inheritance tax. No, you don’t need to go to Vanuatu to apply for or receive a passport. You will need to take an oath, but that can be done anywhere in the world for an extra fee.

Vanuatu Lowers Passport Sales Fees Amid Review

I am Nicholas, with 15 years of studying and working experience in Singapore, familiar with local business environment and education system. I look forward to assisting you with residence and citizenship planning. 10 years of international experience in Switzerland, France and Singapore etc. Specialize in residence and citizenship planning, oversea education and global asset management. 11+ years of studying and working in Singapore, I am familiar with local business environment. Expertise in international immigration and tax policies, I look forward to assisting you with my professional knowledge and dedication.

vanuatu passport

The island is accessible by sealed road, has phone coverage and stable power supply. Read my detailed guide to travel in north Malekula where I visited small islands like Uripiv without electricity, roads or mobile phone coverage. The most popular attractions in Santo Espiritu is to visit one of Vanuatu’s Blue Lagoons. There are actually three popular Blue Lagoons here including the Riri Blue Hole, Nanda Blue Hole, and Matevulu Blue Hole. As the name suggests, the water here is incredibly blue and crystal clear . The east coast is well connected by sealed roads from Luganville in the south to Port Olry in the north.

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The acquisition of citizenship in Cyprus is not reported to other countries. No residency requirement to live in Dominica before or after citizenship. Remember below table representsjust donation contribution to Government. Real estate option also becomes cheaper than donation option for large families with over 5 dependents. The Caribbean countries has the cheapest CBI/CIP schemes compared to Europe/Asia. Here are some of the tips we provide to quickly decide on the best CBI scheme for you.

vanuatu passport

Second citizenships offer access to world-class health care, education and an improved lifestyle. Citizenship by investment is the process of obtaining a second citizenship and passport by investing in the economy of the host country. Citizenship by investment programs legally confer citizenship status faster than traditional immigration processes and do so without requiring investors to put their lives on hold. However, Vanuatu citizenship by investment also provides a fast and easy two step approval process.

Take An Oath, Obtain A Passport

Once the application is approved, the applicant will receive a full benefits and rights of a Vanuatu citizenship. It also comes together with the assurance of visa free travel up to 125 countries. This would mean that children of the foreign Vanuatuan can acquire the said citizenship too. If you wish to apply for Vanuatu citizenship, look for an approved representative agent of the DSP program. The applicant must provide a true copy of existing passport’s cover and bio data page, police clearance report, birth certificate copy, and personal profile. The applicant should pay USD 6,500 for the client account opening and Vanuatu government due diligence.

vanuatu passport

And it’s a huge shame, because Vanuatu’s CBI has a lot of potential as a tax-free jurisdiction with visa-free access to 125+ countries, including the Schengen Area, Russia, the UK, Ireland and many others. If I could manage it, I could bring in millions and make their little economy as other Caribbean island. Your total contribution includes a non-refundable $130,000 donation to the DSP, as well as $40,000 in due diligence fees and $30,000 in agency fees. You could spend about $65,000 less in the Caribbean nations of Dominica or St. Lucia; your specific needs would determine which program is best for you. As of 2018, Vanuatu is working with cryptocurrency agents to allow citizenship investors to make their donation in Bitcoins.

RCP is a leading independent immigration service firm, offering the best residency and citizenship by investment options in Europe. The icing on the cake, though, is the fact that the country boasts some of the most relaxed tax laws in the world, making the island chain a haven for investors, businesses, and other professionals looking to earn a decent living. Nor are there income or withholding taxes, exchange controls, or requirements for individuals and businesses to file annual returns and other financial statements.

The donation to the National Development Fund is the cheapest passport option in Antigua and Barbuda. But the government now offers inexpensive “COVID-19 Relief Bonds” as part of its citizenship-by-investment program. Real estate requires a $300,000 minimum investment and is limited to high-end branded hotels and resorts and high-end boutique properties. In other words, anyone shopping for an economic citizenship can save a lot of money now.

All the 80 islands offer landscapes, rainforests, fantastic island views and great diving. Vanuatu, a paradise is well known for its hospitality and prices for all adventures are quite less when compared to other islands in the Pacific Ocean. There are no taxes like income tax, law firm withholding tax, capital gains tax, inheritance tax or exchange control. Raising cattle is another important economy which leads to beef production for export. Contact our Visa Experts and apply for your Vanuatu visa instantly with minimum documents and lowest visa fee.

It is a tropical island nation, known as the paradise island, with its lush jungles and sandy beaches. Vanuatu is particularly rewarding for individuals seeking a peaceful lifestyle. Vanuatu is dominated by ancient traditions with only little influence from its European colonizers. The Vanuatu legal system is a mix between the English common law, the French law and the customary law.

But his immediate family members have been beyond the continent too. In May, Raees Cajee said in his filing, his father Bilal Cajee was kidnapped and held in a Dubai hotel for half a day, supposedly by Pakistani nationals working for “disgruntled investors”. The brothers say they were hacked, but some investors suspect an exit scam, in which investment managers simply make off with cash entrusted to them, and are seeking criminal prosecution for theft. But his father was in Dubai – where he was kidnapped – while Cajee reportedly recently bought a passport from the island state of Vanuatu. Where you can get a valuable Second Passport in less than HALF the time compared to other countries.

vanuatu passport

The renewal process itself can take up to 10 days but is otherwise straightforward and uncomplicated. Vanuatu citizenship visa-free travel is a huge bonus for investors, since you can travel without a visa to over 140 destinations including Europe’s Schengen Zone, the United Kingdom, Hong Kong and Singapore. With citizenship, you can enjoy zero tax on your worldwide and personal income, plus you gain the right to live and work in this beautiful island nation.

  • According to Cajee, no more than $5m was stolen in the alleged hack of the cryptocurrency investment scheme.
  • Only applicants over 18 years of age are subject to a due diligence check.
  • Maybe to discover its natural beauty, for funding or business features or to reside there, you should apply for their second citizenship or residency programs.
  • Interestingly, Bulgaria allows applicants to finance their investment amount through a loan from a European bank.

The legal basis regarding citizenship-by-investment is contained in Part II, § 3 of the Citizenship Act, 1984 and the Saint Christopher and Nevis Citizenship-by-Investment Regulations, 2011. Like Santo, getting transport to further parts of the island can be challenging. The cheapest way is to try wave down a vehicle heading in the right direction or negotiate with one of those small van drivers.

The remaining documents, as well as 25% of the Government contribution, should be submitted to the citizenship office. Vanuatu imposes no personal taxation; neither foreign or personal income tax nor inheritance, gift, capital gains, or wealth taxes. This makes Vanuatu particularly enticing for foreigners, particularly digital entrepreneurs who wish to have tax-friendly second passports. Obtaining Vanuatu citizenship can be done in several ways, including by birth, marriage, naturalization, ancestry, or Vanuatu citizenship by investment program. The official currency is the Vanuatu vatu , which has a current exchange rate of VUV 110 per USD.

vanuatu passport

This small island in the South Pacific Ocean offers you a route to privacy, a strong second passport, and an almost unending summer vacation. Are you a public figure looking for some personal time away from all the cameras and attention? People with poorly rated passports can enjoy more seamless travels across the world with their Vanuatu passports.

vanuatu passport

Argentina is the fastest country to get citizenship by natiralisation which you can get after residency in two years. For those who do not have 6 figures to hand out in order to buy a second passport, or want to get citizenship in a country which does not offer an economic citizenship program, citizenship by naturalisation is an alternative. Throughout the five years, you cannot leave the country for more than 6 consecutive months. You will also have to prove that you have sufficient means to support yourself. For wealthier individuals, Portugal also offers a fast-track residency option through their Portugal Golden Visa program.

At $1,979 per visa-free country, Dominica’s citizenship by investment program is the best value real estate option out there today. The immigration through investment in real estate option usually requires a large purchase of local real estate, plus a hefty government application fee ranging from $25,000 to $50,000… or more. But the quality of Caribbean passports – defined as the number of visa-free countries you can visit – isn’t as high as some of those granted by high-end economic citizenship programs in Europe. The Vanuatu Development Support Program offers citizenshipto foreign investors against one time contribution ofUSD 130,000and will replace the existing Vanuatu Economic Rehabilitation Program . Citizenship is only approved by Citizenship commission in Vanuatu after vetting of applicants for criminal record including due diligence checks.

Our team look forward to working with you and ensuring you join our fast-growing list of genuinely global citizens. One long-standing court case questions the means staying permit turkey by which the current passport schemes were created. Most nations have only one approved means of acquiring citizenship by investment, but this country has several.

In addition it gives the opportunity to quickly apply for a USA tourist visa. Citizens of Vanuatu are issued B1/B2 visas for 10 years and the processing takes only a few days. No, the information about citizens who obtained a passport by investment is not made public to third parties and the entire process is confidential. To see a full list of the Vanuatu passport applicant documents required follow this link. There are no restrictions on dual citizenship and there is no requirement to visit or reside to retain your Vanuatu passport. A birth certificate or an approved option will be required from applicants.

Those looking to obtain a second passport must, at some point or another, consider that of Vanuatu. Not only is the commonwealth country’s passport a great mobility asset, providing visa-free travel to 135 destinations worldwide, but the process of getting a Vanuatu passport is simple, quick, and cost-effective. Stanford Knight is the leading Government Agent of the Citizenship Program of Vanuatu.

vanuatu passport

Visa-free entry to 129 countries, including the Schengen area and UK. External links to other Internet sites and listings of private entities on this page are provided as a convenience and should not be construed as the U.S. Department of State or U.S. government endorsement of the entity, its views, the products or services it provides, or the accuracy of information contained therein. The order in which names appear has no significance, and the listings or links may be removed at any time at the discretion of the Department. Children’s passports are issued for 5 years, adult passports for 10 years. The CDC’s latest guidance on international travel for vaccinated people can be foundhere.

vanuatu passport

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