Vanuatu is a South Pacific Ocean nation made up of roughly 80 islands that stretch 1,300 kilometers. The islands offer scuba diving at coral reefs, underwater caverns and wrecks such as the WWII-era troopship SS President Coolidge. Harborside Port Vila, the nation’s capital and economic center, is on the island of Efate. The city is home to the Vanuatu National Museum, which explores the nation’s Melanesian culture.
Pacific Islands nation Vanuatu is operating two Citizenship by Investment (CBI) schemes: The Vanuatu Contribution Program (VCP) and 2. The Development Support Program (DSP). Since 2019, both programs are harmonized in terms of application process, pricing and citizenship features. Applicants do not have to travel to Vanuatu neither before, nor after the citizenship is granted.
A main applicant for Vanuatu’s CBI programs should have clean criminal record, be between age of 18 and 65, in a good health and preferably have at least US $500,000 of net personal assets, including half of that amount in banking assets. Along with large number of visa-free travel destinations, Vanuatuan passport helps in tax optimizing and expanding a business internationally.
The application process, which is strictly confidential, is the quickest among all CBI programs and can be accomplished in 45 days. Successful applicants and their family members are granted Vanuatu’s citizenship and passports. Spouse, children and parents can be also included as dependents. There is no limit on the number of dependents, though siblings and “in-laws” are not eligible.
Benefits
- Visa-free access to 133 countries, including EU, UK, Russia, Singapore, Hong Kong, etc.
- Right to stay in the UK for up to 180 days per year.
- Fastest application process lasting 45 days.
- Fast track visa processing while travelling to the Commonwealth countries such as Australia, Canada and New Zealand.
- Tax optimization and business expansion opportunities.
- Payments can be done in cryptos.
- Guarantees of commercial privacy in the well-developed banking sector.
Investment Options
Application Process
Step 1
Bayat legal Services’ compliance team will conduct an internal due diligence.
Qualification assessment, KYC and background security check.
Step 2
Study the application, sign the retainer agreement, prepare tailor made list of documents and application preparation.
Step 3
Submission, file review, due diligence process.
Step 4
Final decision, Comfort letter issuance and contribution payment.
Step 5
Naturalization certificates and passports issuance.