Migration, Residency & Citizenship

VanuatuCitizenship By Investment

vanuatu-citizenship-by-investment

Overview

Vanuatu runs the Development Support Program (DSP) and Capital Investment Immigration Plan (CIIP), offering Vanuatu’s citizenship and passports to those foreigners and their family members who meet the eligibility criteria of these programs and make financial contributions and investments in the country. Since 2021, Vanuatu’s Citizenship by Investment (CBI) Program has the Real Estate Option (REO) too.

Investment Options

  • Non-refundable financial contribution to the designated Government Fund – DSP
  • The CNO Future Fund – CIIP
  • Investment in a government-approved real estate project
The total amount of the contribution and investment depends on the number of applicants and their age.

Family Inclusion

Applicants have the option to include their spouse, as well as children under 30 years of age. Additionally, parents or grandparents can be included in the CBI application if they are financially dependent on the main applicant.

Eligibility

To qualify for the Vanuatu CBI program, applicants must have a clear criminal record and provide proof of funds amounting to at least USD 250,000. They have also to pass the Due Diligence review conducted by the Financial Intelligence Unit of Vanuatu. However, individuals from Iran, Iraq, Syria, North Korea, or Yemen are ineligible for the program, unless they hold permanent residency outside of these countries and have resided there for a duration exceeding 5 years.

Starting from September 2024, Vanuatu is not accepting paper-based applications for passports. The new passport system requires all who want to apply for new passports to travel to Vanuatu to provide biometrics. Vanuatu passports have a validity of up to 5 years.

Vanuatu citizenship obtained through any route of the CBI program can be passed down to future generations. Dual nationality is allowed in Vanuatu, and CBI applicants are not required to renounce their current citizenship(s).

Benefits

Fastest & Easy Process

Citizenship in a timeline of 45 days from application submission to the issuance of the citizenship certificate. No interview, educational, or language prerequisites.

Confidentiality Assurance

The entire CBI application process is conducted with the utmost confidentiality.

Favorable Taxation

Vanuatu maintains a system of low taxation, imposing minimal taxes with exemptions for wealth, gift, inheritance, foreign income, and capital gains.

Post Approval Investment

Qualified investments are to be made by applicants only after the conditional approval of their CBI application.

No Physical Residency Requirement

There is no mandatory residency requirement in Vanuatu before, during, or after acquiring citizenship.

Visa-free travel

Enjoy visa-free access to over 103 countries and territories, including the UK, Russia, Singapore, Hong Kong, and more.

Investment Options

A Non-Refundable Donation

Single applicant USD 130,000
Married Couple USD 150,000
Married Couple + 1 Child USD 165,000
Married Couple + 2 Children USD 180,000
Additional Dependent USD 10,000

The Capital Investment Immigration Plan (CIIP) - Coconut Oil (CNO) Future Fund

An investor plus 3 family members:
Minimum contribution USD 115,000
Investment (Fully redeemable & ROI after 5 years) USD 50,000
Additional dependent: USD 25,000
The Due Diligence & Administrative Fee (covers all family members) USD 8,000
The “fulfillment fee” (passport production, ceremony, delivery):
Family of four USD 2,000
Each additional dependent USD 1,500

Real Estate Investment

Vanuatu launched the real estate option of its CBI program in August, 2021, requiring:

Investment in a government-approved Real Estate Development, plus VAT +12.5% USD 200,000
The webpage of the Citizenship Office and Commission of the Government of Vanuatu lists two real estate developments on the Island of Efate authorized under the Real Estate Option (REO):
  1. ‘Pacific Springs’ – located at Rentabao;
  2. ‘Narpow Point Coral Bay’ – located at Narpow Point

Other Applicable Fees

The Financial Intelligence Unit (FIU) of Vanuatu Due Diligence fee USD 5,000 (per application)
Passport stamp fees Individual: USD 500 Family of four: USD 800 Applications with more than four persons: USD 1000
Application for passport USD 250 per passport

Application Process

Bayat Legal Services’ compliance team will conduct an internal due diligence check, which entails a background security screening of the applicant, Preparation of KYC (Know Your Client) and a qualification assessment.
Preparation of the tailored list of documents. The client signs a retainer agreement with Bayat Group. Gathering documents required for the application.
Applicants need to meet the eligibility criteria, including financial requirements and a clean background. After gathering all of required original documents and sending them to Bayat Group team, our citizenship experts will assess the file and make it ready for submission to the Citizenship’s Office and Commission. At this stage, the FIU performs due diligence checks. The associated cost of these checks, amounting to US$5,500 per adult applicant, is non-refundable and is the responsibility of the applicant to cover. The FIU clearance generally lasts around 3 days.
After the application has been processed and a decision has been reached at the Citizenship Commission, the applicant will receive a letter informing them of the outcome. If the application is approved, applicants will be required to proceed with making the qualified investment, covering the associated fees for the investment option.
Upon completion of the required contribution or investment, applicants will be issued the Citizenship Certificate, signed by the Prime Minister of Vanuatu. Parallel to this, all adult applicants have to take the Oath of Allegiance either in Vanuatu or at place of convenience online. However, after launching a new passport system, all applicants must travel to Vanuatu to provide biometric data. The Citizenship Commission meets twice a month, making Vanuatu's CBI program one of the fastest and most convenient for applicants.
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