A cost-effective and route to second citizenship that enables visa-free travel.
Vanuatu is a country made up of a string of 13 main islands and several smaller islands in the South Pacific Ocean.
Vanuatu’s connectivity, well-developed infrastructure and tax system make it an ideal location for businesses to thrive. There is also plenty to see and do on the island.
The country has a rich and varied culture that mixes local traditions with foreign influence. The island nation is awash with breathtaking landscapes, from mountain ranges and tropical rainforests to pristine white sand beaches.
Vanuatu is also home to the world’s only underwater Post Office, allowing divers and snorkellers to send special waterproof postcards.
Also referred to as the Vanuatu Development Support Program (DSP), the Vanuatu Citizenship by Investment scheme was launched in 2017 by the government.
The programme offers one of the quickest and most straightforward routes to second citizenship in the world.
Applicants can choose from two investment options, starting at $130,000, and passports can take as little as one month to receive. The whole process can be completed remotely, meaning there is no need to visit Vanuatu at any point.
Once approved, investors gain access to a wide array of benefits. These include favourable tax treatment and greater global mobility with visa-free access to almost 100 countries, including Singapore and Hong Kong.
Make a non-refundable contribution to the National Development Fund (NDF). The government fund is used to develop Vanuatu’s economy as well as provide other financial support for the country.
There is an additional $15,000 for each family member starting from the fifth. Due diligence fees also apply.
The minimum donation required varies depending on the number of applicants:
To be eligible for the programme and qualify for Vanuatu citizenship, applicants must meet the following criteria:
Vanuatu recognises dual nationality. However, individuals must register their status with the Vanuatu Citizenship Commission.
Vanuatu has no income tax, estate or capital gains tax. There is no tax on worldwide income and no tax to be paid on personal income. The country is also well known for having zero corporate tax.
Family members can be included in the application. Those eligible include:
Depending on how many family members are added to the application, there is an additional cost.