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consisting of 83 islands, The economy of Vanuatu is driven by agriculture, tourism, offshore financial services, and the cattle industry.
The citizenship by investment program has enabled Vanuatu to become economically successful.
Investing in a second passport for Vanuatu allows you to travel visa-free to 117 countries.
Vanuatu has long been a tax-friendly jurisdiction, with no personal income tax, capital gains tax, or withholding tax. The Vanuatu citizenship by investment program can process applications in as little as two months.
To qualify for the Vanuatu Citizenship by Investment Programme, you must fulfil one of the following investment options AND other requirements:
OPTION 1. Contribute to the Development Support Program (DSP)
The first Citizenship by Investment option is for you to make a $130,000 contribution. This increases to $180,000 for a family of four. You must pay an additional $5,000 for a Financial Intelligence Unit check and a $2,000 administration fee per person.
OPTION 2. Support Cocoa Production Via the Capital Investment Immigration Plan (CIIP)
Alternatively, make a $155,000 investment in the CIIP. The price stays the same for individuals and families of four, with every further dependant incurring an additional charge of $25,000. There is a non-refundable $5,000 Due Diligence and Administration Fee to cover everyone listed on the application.
Other Requirements and Benefits
To be eligible for the Vanuatu citizenship-by-investment programme, you must:
Prove that you and your family have a clean bill of health.
While you do not have to live in Vanuatu to become a citizen, the only taxes in the country are indirect VAT and import duty.