Vanuatu, a beautiful island nation in the South Pacific, offers a Citizenship by Investment program that allows individuals to obtain Vanuatu citizenship through real estate investment. In this article, we will explore how to obtain Vanuatu citizenship through real estate investment.
The Vanuatu Citizenship Investment program requires investors to purchase or lease property in the country. To be eligible for citizenship, investors must make a non-refundable contribution of approximately $130,000 to the Vanuatu government’s Development Support Program (DSP). Additionally, investors must purchase or lease property worth at least $280,000 in an approved real estate development project.
Approved Real Estate Projects
The Vanuatu Citizenship by Investment program has a list of government-approved real estate development projects that investors can choose from. These projects include luxury resorts, marinas, and residential developments. Investors can choose to invest in either freehold land or leasehold property.
Process and Timeline
The process of obtaining Vanuatu citizenship through real estate investment is relatively straightforward and can be completed within a few months. The first step is to choose an approved real estate project and make the required investment in the project. Once the investment is made, the investor must apply for citizenship through the DSP. The Vanuatu government will then conduct due diligence on the investor, which typically takes 30-60 days. If approved, the investor will receive their Certificate of Naturalization and become a Vanuatu citizen.
Benefits of Vanuatu Citizenship
Obtaining Vanuatu citizenship through real estate investment offers several benefits. Vanuatu citizens enjoy visa-free travel to over 130 countries, including the EU Schengen states, the UK, and Russia. Additionally, Vanuatu does not impose any income or wealth taxes, making it an attractive destination for high-net-worth individuals seeking to minimize their tax liability. Vanuatu is also known for its high standard of living, with access to excellent healthcare facilities and quality education.
Obtaining Vanuatu citizenship through real estate investment is a straightforward process that offers several benefits. With a minimum investment requirement of $410,000, this program is an affordable option for investors seeking to obtain a second citizenship. Investors can choose from a range of approved real estate projects, including luxury resorts, marinas, and residential developments. Vanuatu offers visa-free travel to over 130 countries, tax benefits, and a high standard of living, making it an attractive destination for foreign investors.