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Vanuatu

Vanuatu offers a Real Estate Option (REO) program that allows investors to obtain citizenship through real estate investment. Here are the key details:
 Program Overview: The REO program commenced on July 23, 2021. Applicants for citizenship under the REO must invest in a property in a Vanuatu Government Approved Project (VGA Project) in addition to paying the prescribed fees.
 Currently, there are four approved VGA Projects:

  •  Pacific Springs: Located at Rentabao on the island of Efate.
  •  Narpow Point Coral Bay: Situated at Narpow Point on the island of Efate.
  •  FPF Rainbow City Project: Also located at Narpow Point on the island of Efate.
  • Milai : Situated on the island of Espiritu Santo.

  Minimum Investment: Prospective investors must invest at least USD $200,000 in any of the approved real estate projects by the Vanuatu government.
 Tax Implications: Vanuatu does not impose personal income tax or capital gains tax.The country offers a favorable tax environment for investors.
 

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Types of visa required and processing time

Vanuatu Citizenship by Investment (CBI) Program:
 Overview:Vanuatu offers a Citizenship by Investment (CBI) program known as the Development Support Programme (DSP).  Applicants can obtain Vanuatu citizenship by making a non-refundable government donation and investing in an approved fund.
 Investment Requirements: The main investor must contribute $130,000 to the local development fund. An additional $50,000 is invested in shares of an approved fund, which becomes redeemable after five years.
 Processing Time: The processing time for Vanuatu citizenship through investment is relatively fast, with citizenship usually granted within 30-60 days.Due diligence checks are conducted on all applicants to ensure a clear criminal record.
Benefits:
⦁    Full family citizenship and passport.
⦁    Visa-free travel to 148 countries.
⦁    No language requirement.
⦁    Dual citizenship allowed.
⦁    No need to visit or reside in Vanuatu to obtain or retain a passport   
⦁    Vanuatu Temporary Residency (Investor Visa):
⦁    If you’re interested in temporary residency rather than citizenship, you can apply for an Investor Visa.
⦁    Requirements:
⦁    Make a qualifying investment approved by the Vanuatu Investment and Promotion Authority (VIPA).
⦁    Investments in real estate or bonds do not qualify for this visa category.
⦁    Pay an annual fee of VUV20,000 for each year of the visa’s validity.   Processing Time:The processing time for the Vanuatu Investor Visa can vary but typically takes several weeks to finalize the transaction

What are the specific investment options for Vanuatu's Investor Visa?

Investor Visa:
 The Vanuatu Investor Visa allows you to invest in the country and obtain a residency permit.
⦁    The visa’s duration of validity varies based on the investment amount:
⦁    VUV15,000,000 for a 3-year residence visa.
⦁    VUV25,000,000 for a 5-year residence visa.
⦁    VUV50,000,000   for a  10-year  residence visa

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