Vanuatu citizenship by investment
Starting from 2017, private investors have another chance to secure freedom and visa-free travel to almost a hundred countries worldwide. Thanks to the state program of this island nation, dozens of private individuals have acquired a second passport here.
The government is trying to attract investment in the economy by developing tourism and creating attractive conditions for entrepreneurs. Due to its geographical location (proximity to the Solomon Islands and Australia), the resort is not very popular among Europeans. Still, American, Chinese, and Australian tourists visit the island with pleasure. Nevertheless, revenues from this industry bring at most 40% of GDP. To somehow correct the situation a global offshore center was created in the capital city offering non-resident institutions favorable profit tax rates.
Why choose Vanuatu
The first key advantage is the fastest immigration program in existence today. The procedure for considering applications is simplified as much as possible, the coveted document can be obtained in just a month. In addition, Vanuatu citizenship by investment allows optimizing taxes for a business owner and getting a visa to the UK and the USA.
Other advantages of the jurisdiction include:
- Certificate of nationality for spouses, children and parents
- No taxation on income received outside the country
- Benefits for newly registered companies during the first 20 years
- Dual citizenship is allowed here and there will never be a need to renounce existing citizenship.
In addition, one may live close to Australia, one of the safest and most developed lands in the modern world. In a word, this is an excellent choice for a comfortable life.
Advantages of citizenship in the Republic of Vanuatu
A client can contribute as little as $130,000 to the state development fund in exchange for a passport. If there are 4 or more people in the family, then for each additional applicant you will have to pay an additional 15 thousand US dollars. This is a low cost compared to other existing programs. In addition, the average processing time for applications is from one to two months.
To obtain Vanuatu citizenship by investment, you must pass a compliance review under the requirements of the national regulator. But the investor can be sure of the security of the transaction. The main contribution is paid only after confirmation of the reliability. The entire process is completely confidential and data on status holders is not made publicly available.
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Vanuatu citizenship by investment requirements & conditions
The most important condition is to pay a non-refundable fee (contact us to find out the fee based on the amount of members of your family). All funds must be obtained legally and the owner must explain exactly how he earned this money. You need to have a quarter of a million dollars at your disposal to provide for life. Also, the applicant must not have a criminal record and be associated with money laundering and terrorism.
The terms for acquiring a passport take from one to two months. Citizenship by investment Vanuatu cannot be obtained by applicants from Iran, Iraq, Syria, North Korea, or Yemen. To participate in the program you must have lived outside your home country for at least 5 years and have a residence permit in another country.
How we can help?
The Fintech Harbor team will help you in obtaining your citizenship in the shortest possible time. Our international lawyers have extensive experience in dealing with government authorities and We will help to prepare and translate documents that meet the requirements of the government. Once verified and pre-approved, we will process the fee payment transaction. The last stage is the oath and obtaining a passport.
We will assist with Vanuatu citizenship by investment program remotely. Neither the main applicant nor their family members need to travel to the state. If a person does not have a goal to live on the island, then during the entire possession of a ID, you can never visit it. You can live anywhere in the world and travel the world without restrictions. The list of countries is constantly growing.
FAQ
What is the development support program (DSP)?
The main purpose of Development Support Programme (DSP) is to create local jobs, stimulate the economy, and keep the national budget balanced. Immigration law of the island for the past 5 years has allowed individuals to invest in a special government fund in exchange for national status. The contribution is modest by world standards, you do not need to purchase luxury real estate, learn the language and take an exam in the knowledge of the language and history. The regulatory body considers the application for a maximum of 2 months. All participants must be vetted and have no criminal record.
What are the tax benefits of jurisdiction?
Citizens of this country do not pay levies on profits received outside the state. Also, company owners have benefits for the first two decades from the date of registration, you can pay $300 as a voluntary contribution.
How much does Vanuatu citizenship by investment cost?
To find out the cost based on your personal circumstances, please contact us and we will provide you with a detailed consultation. Individual investors pay $130,000, couples pay $150,000. The larger the family, the higher the amount. Also, for each person, you must pay $5,000 for due diligence checking each member. to the government fund.
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