Vanuatu

VANUATU CITIZENSHIP

The Vanuatu Citizenship Program (Development Support Program) was developed by the Government of Vanuatu in 2017. The maximum validity period of Vanuatu passports is 10 years for all family members, regardless of their age.

Processing time 2 months
Visa-free entry instant visa-free entry to 130 countries, including the Schengen states of the United Kingdom, Singapore and Hong Kong
Type of investment: donation
Investment amount: 130,000 US dollars
Dependents: spouse, children under 26 years old and elderly parents over 50 years old

The Republic of Vanuatu is a beautiful country located in the South Pacific Ocean, west of Fiji and a four—hour flight from the east coast of Australia. Vanuatu is a 1,300—kilometer-long country in the South Pacific Ocean, consisting of about 80 islands. On the islands there is an opportunity to go scuba diving at coral reefs, underwater caves and sunken ships, such as the warship SS President Coolidge from the Second World War. The city of Port Vila, the capital and economic center of the country, is located on the island of Efate. The city is home to the National Museum of Vanuatu, where you can get acquainted with the Melanesian culture of the country.

Vanuatu is a member of the African, Caribbean and Pacific Group of States, the Pacific Community, the Pacific Islands Forum, the United Nations and the World Trade Organization.

Why Vanuatu

Flexibility in transferring funds

No need to renounce your current citizenship (or citizenship)

Your home country does not receive notification of your new citizenship of Vanuatu for investment

Instant visa-free entry to 130 countries, including the Schengen states, the UK, Singapore and Hong Kong

The possibility of staying in the UK for 6 months in one visit

The second passport of a respected country simplifies obtaining visas if necessary

No requirement of actual residence: you have the right to apply immediately

Absence of an interview or a language proficiency test, as well as requirements for education or managerial experience

No capital gains taxes, no taxes for non-residents

The ability to open accounts in reliable banks around the world

No restrictions on the repatriation of profits and imported capital

Expenses

To be eligible for citizenship of Vanuatu under the Citizenship by Investment Program, the applicant must make a donation to the State fund.

Contribution to the state fund

Non-refundable contribution to the state fund. Costs vary depending on the number of applicants and their age.

The sole applicant is 130,000 US dollars
Main applicant and spouse 150,000 US dollars
The main applicant, spouse and 1 dependent US$ 165,000
The main applicant, spouse and 2 dependents 180,000 US dollars
Each additional dependent is 10,000 US dollars

Due diligence & background check

Mandatory background checks are paid for by the Government, which appoints the preferred body responsible for conducting due diligence. The inspection authorities use information obtained from various international and local sources, such as Interpol, World-Check, and other government agencies. Fees to be paid when submitting an application.

Due diligence cost 5000 US dollars (per applicant)

The costs associated with the procedure include the costs of paying for the professional services of iSK International, an official application, a certificate of citizenship and passport, courier services, as well as other related costs. In each specific case, a detailed commercial offer is sent without additional hidden costs.

Required documents

Our company appoints a specialist to collect documents in each individual case. We offer personalized service that simplifies the application procedure and requires minimal effort on the part of the client. Our task is to simplify the collection of documents as much as possible, and if necessary, we receive documents for the client without his participation. Please note that the list below is provided solely for reference. After evaluating a specific case, iSK International will prepare an individual list of documents.

Documents required from each applicant, including children:

The first stage

Preliminary approval:
• Application form of the applicant
• Certified copies of all available passports
• A certified copy of the photo ID
• Original certificate of no criminal record from the country of birth, country of citizenship, country of residence (if different) and any other country in which the applicant has lived for at least one (1) year in the last ten (10) years, for each applicant over sixteen (16) years.
• Personal resume, including information about the education and work experience of the main applicant and spouse

The second stage

Submission of a full package of documents:
• Applicant’s application form — a complete package of documents
• An original extract from the birth certificate record or a copy of the birth certificate certified by the Ministry of Foreign Affairs (that is, a birth certificate that contains information about your parents, or a house book, family book, etc.)
• An original medical certificate
• Eight (8) original passport photos

Forms and documents submitted only by the main applicant:
• One original letter of recommendation issued by an international bank no more than 6 months ago
• One original letter of recommendation issued by a specialist (for example, a lawyer, notary, chartered accountant or other professional with a similar social status) no more than 6 months ago
• One original letter of employment
• A certified copy of the diploma of the university/ other higher educational institution
• Proof of residence address (copy of the current lease agreement / original utility bill)

Documents required only for joint application of married persons:
• Original extract from the record of the marriage registration act or a copy of the marriage certificate certified by the Ministry of Foreign Affairs (if applicable)
• Copies of divorce documents certified by the Ministry of Foreign Affairs (if applicable)

Timeline

*The estimated time of approval of the application for citizenship depends on the timing of the due diligence in each case.

First month

iSK International checks your passport to obtain prior government approval. To apply, you must make an initial
payment for professional services.

A team of iSK International professionals will help and advise you on collecting the basic necessary documents for initial approval by the Vanuatu Financial Intelligence Unit. After the package of documents is ready for shipment, the state fees for paperwork and due diligence and the iSK International company’s bill for submitting documents are paid.

The approval in principle is issued by the Financial intelligence unit. The remaining documents are submitted, and 25% of the government contribution is paid.

Second month

A permit for obtaining citizenship is issued and 75% of the state financial contribution is paid.
Certificates of citizenship and passports are issued. The applicant makes full payment for iSK International professional services.

VANUATU CITIZENSHIP

VANUATU

Capital

Population

Currency

Language

Government

Exchange rate

Why Vanuatu

Expenses

Timeline

Hong Kong:

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