A Second Passport For You Within 60 Days
Vanuatu Cbi Program
A company registered on any of Vanuatu’s islands is not required to pay capital gains or withholding tax. The process of applying for citizenship in Vanuatu is rigorous and requires diligent preparation in order to gather all the information needed. Application timelines can vary and be difficult to predict, although they usually depend on how easily an applicant can access the required documentation, as well as the complexity of the application as a whole. The citizens of Vanuatu can visit 97 countries without a visa ✅. Vanuatuan passport holders also have access to get 20 e-visas or 29 visas on arrival.
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on law firm turkey links to those products. Foreigners living there for consecutive ten years are eligible to apply to get the nationality.
Investment Funds Licenses Locations
Many countries allow you to easily acquire citizenship if you can prove that you have ancestral ties. For some countries, you need to prove that your parents were born there, but for others (e.g. Lithuania, Ireland, Italy) you can qualify for ancestral citizenship even if your grandparents or even great grandparents were born there. If you’re lucky enough to have ancestors from places like Poland, Italy or Ireland, then obtaining a second passport is quite straightforward assuming you can document your family ancestry. With over 30 years of experience in the offshore finance industry, our role as a private fiduciary and multi-family office is to cater to a very select clientele from across the globe.
I have an extensive private sector background in climate finance, policy development, tourism, agriculture and property industry with practical hands on knowledge of doing business in the pacific context. My clients including Governments, financial institutions, corporates, regional agencies and institutional investors have enjoyed a broad range of advisory and strategic services from myself. I have resided permanently in Vanuatu for 15 years and sit on numerous private and public boards and committees including the current Chairperson of the Vanuatu Business Resilience Council.
The capital of the country is Port Vila, which is also the most populous city with around 50,000 inhabitants. The country’s largest and only international airport is Bauerfield International Airport , which also hosts the national carrier Air Vanuatu. The airport provides access to destinations in Australia and within the region. Altogether, Vanuatu passport holders can enter a total of 132 destinations—either without a visa, through a visa on arrival, or via an eTA. A selection of alternative residency and citizenship investment programmes to consider.
Catching vehicles on a weekend can involve a long wait, up to a few hours, as these are church days, not working days. Unity Airlines and Air Taxi Vanuatu have chartered flight services. There are many flights between the outer islands and Port Vila which you can try to board. Efate is commonly referred to as Port Vila and is Vanuatu’s most populated island.
Recommended Travel Vaccinations For Vanuatu
The validity of a Visitors Permit may be extended to a maximum period of four months but, under the law, cannot be extended further. For about nine months this country will be warm and three to four months it will be cool. Rainy season will be for longer time, with a significant rainfall almost every month. This country is also prone to natural disasters like earthquakes, cyclones. The official languages in Vanuatu are Bislama, English and French.
Nationality of passport applicants in 2020The citizenship-by-investment scheme is not illegal and many countries around the world offer CBI programs. There are many legitimate reasons for applying, including improved freedom of movement or tax-free offshore banking privileges. As of March 2021, the fastest passport US citizens can obtain by investment is the Vanuatu Passport.
Vanuatu doesn’t just reduce a person’s tax rates but eliminates them entirely in most cases. So let’s take a look at the tax rate structure in Vanuatu and give you a better idea of how it can benefit you. No residence requirement, language test, business experience or military service required.
While some voyage ships make short-lived stops on one side of the principal island, actually the islands that makeup Vanuatu are generally not on individuals’ radar as Fiji and New Caledonia seem to be. This is perhaps the best resource combined with the most amicable of individuals and the sheer magnificence of the islands; we feel that Vanuatu hits it out of the ballpark. Vanuatu is situated in the Pacific Ocean and isn’t a long way from Australia and New Zealand.
Client Support For Citizenship By Investment For Vanuatu
The good telecommunication infrastructure, the stable financial system, and the excellent tax residency conditions all make Vanuatu an outstanding destination if you are looking for a second passport. Individual tax is paid by a person, while tax levied on corporate income is paid by a business or incorporation. The heftiest of these taxes is usually the income tax rates that both companies and people must abide by. Here is a breakdown of the tax rates on individuals as well as local and international companies in Vanuatu. A New Zealander and Vanuatu citizen, I divide my time between both Vanuatu and New Zealand. Across both countries I have comprehensive private sector experience in tourism, hotel and operations management, project management and property development.
This program officially known as Individual Investor Program of Malta (“IIP”). The scheme was suspended after reaching 1800 applicants as a whole. Montenegrin passport has visa free travel to 124 countries, according to Henley passport index 2020. A passport which is valid for 6 months from the departure date is required to enter the country.
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As an immigration consultant in Globevisa Group,Min has a profound understanding about immigration policy and industrial development trend in various countries. Vanuatu is a major financial center in the south pacific in the backyard of Australia and New Zealand. Vanuatu is also a popular tropical holiday destination for travelers . Is a citizen of a restricted country who still has ties to their native country and has not been living abroad with residency in another country for at least 5 years. Vanuatu second passport holders can connect to over 130 countries visa-free, which includes the UK and all of Europe, Hong King, Singapore and Russia. Overall the island chain is still underdeveloped; however, upmarket tourism is rapidly expanding.
I obtained an EU Pet Passport for my dog during a six-month stay in Paris. At first, I was worried that not having EU citizenship or permanent resident status would disqualify me from applying. Yes, it is often advisable to have a travel insurance plan beforehand so that you do not have sleepless nights over a lost passport in Cambodia. Yes, you should begin by contacting the consulate closest to you as well as your agent at whichever travel company you hired. A handwritten application describing the situation of your lost passport in Cambodia.
If you come from a country where dual citizenship is prohibited it may cause an issue and some times you automatically lose your previous citizenship. EUR 2,000,000one time investment in real estate, bonds or business. Travel visa free to over 119 countries including UK, Ireland and EU schengen. Real estate investments are expensive and time consuming, but has perks. You get to buy a home, you qualify for permanent resident card plus you can prove owning a home is a real estate to hold a passport.
Our associates are ready to assist you with attaining your investment objectives and answer any questions you might have about the Vanuatu Passport / Vanuatu Citizenship by Investment program. Vanuatu is an archipelago of beautiful islands east of Australia, and north of New Zealand which is a geographically attractive destination for Asian investors. However, In 2010 the Vanuatu government implemented significant changes to the Vanuatu passport. It became fully biometric, and the database of electronic records is secure and safe from crime and misuse.
While Vanuatu Citizenship Programme isn’t the cheapest option, it certainly is one of the easiest and the fastest ways to get your second citizenship. Applicants must provide an official extract from their criminal record. AJC Vanuatu send applicants copies of your Citizenship Certificate and s.
- An Applicant for Vanuatu Citizenship under the REO Program must purchase a property in a Vanuatu Government Approved Project and pay the relevant prescribed fees.
- And if you do, iVisa ensures a smooth and fast application process that happens entirely online.
- Through our vast experience, expertise and numerous services, we have been helping and facilitating business owners, companies and freelances.
- Fayez al-Sarraj secured Vanuatu passports for him and his family.
- Mr. Mera’s statements refuted the premise of the whole investigation.
It’s approximately 1,750 kilometres east of northern Australia, 540 kilometres northeast of New Caledonia, east of New Guinea, southeast of the Solomon islands, and west of Fiji. At Global Citizen Solutions, we work first and foremost for our clients, providing unique tailor-made residency and citizenship solutions to each individual. If you wish to bring along your family members, additional fees apply. The government will pre-approve your application, depending on meeting the investment requirement. Collate and check the required documents, then submit your application.
You can read more about Plan B Passport and Americans who are looking for a tax break on bitcoin. You are buying into a citizenship by investment program, which is not illegal. You can keep your U.S. passport, or you could give it up if you wish. A key feature of the deal is the notion that you are making a donation of $100,000 or $150,000 to the sustainable growth fund of the country, plus some fees. Montenegro opened a brand new special citizenship by investment program from Jan 1, 2018. Foreigners must invest EUR 250,000 in real estate and also donate to government EUR 100,000 in application fee.
Our digital business model makes it cheaper, faster and easier for clients applying for citizenship or residency. We work directly with Government authorized law firms and CIP approved property developers in 15 countries, without any brokers or middlemen, making the whole process cheaper, faster and easier for clients. First you start the process with initial 10% of the total (DD fee + 50% lawyer fee). The rest 90% you will ONLY pay after application is approved by Govt. These are Government rules, applies for all real estate and donation option.