Vanuatu Citizenship is one of the most popular and affordable citizenship programs in the world and offers only one investment option which is non-refundable government donation. However, the chairman of the Citizenship Commission, Ronald Worsal, recently has announced that a Parliament will consider the terms of the new real estate investment option.
On the meeting on 20th of April, 2021, the Parliament approved long-awaited legislation that will allow investors obtain Vanuatu Citizenship by investing in real estate.
“The advantage of the REO Program is that Vanuatu, like other countries, has a greater potential to attract retired investors or wealthy individuals in the real estate option sector. Its prestige scenic and natural environment is an inherited asset that entices foreign investors and wealthy individuals to come to Vanuatu and seek a place for a peaceful holiday from busy working environments. This investment model enables the investor to tap the real estate market without the responsibilities of managing physical property.”
Vanuatu Citizenship by Investment Program is one of the fastest citizenship programs that grant second passport in just 1 month. Vanuatu passport grants visa-free access to over 129 countries worldwide. To acquire Vanuatu Citizenship a non-refundable investment of $130,000 must be made to a local development fund.
Vanuatu stretches across 1,300km of the South Pacific Ocean and is the first and foremost, a beautifully untouched South Pacific nation. Decorated by the volcanic mountain ranges that are so common in the region, there are plenty jungle trails, villages, coastlines to explore and experience. The official languages are English and French. A Vanuatu passport allows you to open an account with European banks, take out loans, deposit money and carry out simple currency transactions. Vanuatu residents pay no taxes on income, wealth, inheritance, capital gains, or export of the capital.
Vanuatu Citizenship Program lets obtain a second passport in 1 month. The physical residence is not required, and the passport can be easily obtained remotely. The whole family including spouse, children, and parent can apply for citizenship. Vanuatu tax regime claims no tax on personal income, wealth, gifts, and inheritance which is beneficial for high net-worth individuals and their families. In addition to that, the whole application and citizenship acquisition process is completely confidential.
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