Vanuatu is known as the most cost-effective and fastest completed program in the world.
The Vanuatu Citizenship by Investment Program has been operating since 2017. The entire application and investment process is usually completed within 60 days.
As a type of investment, investors are required to make an economic contribution by making a donation to the Vanuatu government. The minimum donation amount is set at 130,000 USD, depending on the number of family members involved in the application.
There are also some requirements, such as the applicant must be at least 18 years old, and all applicants must provide a medical certificate and a criminal record.
The Vanuatu passport offers many advantages:
The process of obtaining Vanuatu citizenship is usually completed within 60 days. Applicants are not required to travel to Vanuatu.
Vanuatu is recognized as a tax haven. There is no income, inheritance or capital gains tax.
Once acquired, Vanuatu citizenship is valid for life and can be passed on to the next generation. Passports must be renewed every 10 years.
Applicants can change their first and last name by stating the reason. However, this change must be notified before the passport is issued.
There is no obligation to reside in Vanuatu during or after the application process. Applicants may continue to live abroad after naturalization.
In addition to the main applicant, the spouse, children under the age of 25 and dependent parents over the age of 50 can be included in the Vanuatu citizenship application.
Knowledge of the Vanuatu language is not required to apply for citizenship.