Vanuatu is a Pacific country which occupies 80 islands. The state capital, Port Vila, is located on Efate Island. The country is known for its warm climate, the greatest part of the economy is dedicated to agriculture and tourism. Vanuatu is a tax haven country with a loyal tax system. Moreover, the government does its best to invite foreign investments: there exists the program which allows receiving Vanuatu citizenship by investment.
Citizenship by investment program has started its work in Vanuatu in 2015: a single-time donation gave an opportunity to benefit from all advantages of Vanuatu citizenship. However, in 2018 amendments in investment sum were adopted. The government of the state has decided to decrease contribution value in order to make the program more attractive.
Today, the estimated cost of receiving Vanuatu passport is as follows:
The investment sum includes government fees and duties, as well as security screening. Also, the value includes:
Except for the number of applicants, the final price depends on the package of service. Thanks to the lowered cost Vanuatu government has received greater income of foreign finance which had a positive impact on the country’s economy.
The investors, on their hand, received relevant privileges:
Taking into account all benefits, you can see that Vanuatu citizenship by investment program (CIP) is one of the greatest opportunities to obtain a passport of another country. Any respectable businessman should look into it.
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