Understanding Vanuatu Citizenship Program
Author : Levi Board | Published On : 20 Sep 2021
Who does not want to have dual citizenship that offers additional benefits of living in any country under their citizenship program? While some of the countries do not offer you dual citizenship, you can still manage to get benefits of 2 countries from some governments. One search country is Vanuatu that offers citizenship to foreigners under Investment Program. Any applicant can apply for Vanuatu citizenship for the cost of $ 130,000 for the economic growth of the country.
Vanuatu has a total of 18 islands and is situated in the south Pacific east of Australia. The country is also a part of Commonwealth countries and so you can expect the weather to be pleasant and suitable for living. You can easily communicate with the people in the country if you are familiar with French and English.
You will be astounded to know that Vanuatu is the only country in the Asia Pacific that offers citizenship upon investment cost. The entire process is also known to be the fastest so the investors do not have to wait for long before getting the passport and citizenship. According to the Vanuatu citizenship program, a single investor can contribute $130,000 if he is looking forward to single citizenship. If the investor is keen to offer citizenship to the entire family, he has to invest $ 180,000. The investor also has to pay the fees for the family of 4.
The Key Elements of the Investment Program
The Investment Program has a lot of key benefits that you need to be well aware of. If you become one of the citizens of Vanuatu, you are going to experience and enjoy full Vanuatu rights that even includes voting and political involvement. If you require dual citizenship there will be no restrictions on your rights and you can retain both the passport and citizenship rights. You will not be liable to any income tax, wealth tax or inheritance tax as Vanuatu do not practice these. You will be surprised to know that the entire processing just takes just 30-60 days to complete. The entire Vanuatu citizenship cost includes a $130000 donation along with applicable fees. For a couple, the minimum donation is $150000 plus processing fees. After processing the entire citizenship documentation, the family or the investor has to attend an oath-taking ceremony where the individual or the family takes the oath to serve the country and abide by the laws. The ceremony can take place anywhere around the world at the convenience of the investor.
About the Author: This contribution has been made by Levi Board who has written a number of articles on Vanuatu Citizenship Cost and provides fruitful information.