Vanuatu, a country with a population of just over 300,000, is trying to improve its economy and has been actively seeking foreign investment opportunities. Its citizenship by investment program has been an integral part of this strategy. The program allows investors to gain citizenship of a country with a stable political environment and a robust economy. This program has attracted the attention of high-net-worth individuals searching for a secure location to maintain their assets.
The small island nation of Vanuatu in the South Pacific has made substantial investments in its citizenship by investment program. The program grants citizenship to foreign investors by requiring them to invest a minimum amount into the country’s economy. The benefits of obtaining a Vanuatu passport include visa-free travel to more than 130 countries, tax-free status, and access to some of the world’s leading investment opportunities.
Recently, the Vanuatu government gazette published reports stating that investors now have the option to obtain citizenship through a bond investment opportunity within the existing Vanuatu citizenship by investment program.
Requirements
To invest in the Australian dollar-denominated bonds, investors need to make a minimum investment of AUD 150,000 to AUD 180,000, depending on the maturity period, which ranges from 2 to 3 years.
- AUD 150,000 for bonds maturing in 3 years
- AUD 170,000 for bonds maturing in 2.5 years
- AUD 180,000 for bonds maturing in 2 years
How to acquire the bonds
The Reserve Bank of Vanuatu will issue the bond units, which do not earn any interest. To apply for them, applicants must pay an application fee of VT 5,000 (USD 42), a certificate fee of VT 10,000 (USD 84), and a global marketing fee of approximately USD 5,000 in AUD to the designated master agent for the Investment Government Bond Option (IGBO).
Vanuatu now offers the only CBI option globally that costs less than $100,000 and is one of the few programs that accept currencies other than USD. This option is a much better investment than the existing donation route, which does not offer any possibility of a return on investment.
In summary, the Vanuatu citizenship by investment program offers significant financial benefits to investors. By paying the bond fee and obtaining citizenship, investors can eventually receive their investment back once the bond matures. This strategy allows the government to enhance the program’s attractiveness without reducing the required investment amount.
Benefits of acquiring Vanuatu citizenship by investment
Investors who participate in the Vanuatu citizenship by investment program can enjoy various benefits. These benefits include:
- By obtaining a Vanuatu passport, investors can travel to more than 130 countries without needing a visa or with the option to obtain a visa upon arrival. This makes it an excellent choice for individuals who travel frequently for either business or leisure purposes.
- Vanuatu is a tax-free country which means it does not impose a personal income tax, inheritance tax, or capital gains tax. This makes it a desirable place for investors who want to reduce their tax obligations.
- Thanks to its stable political system and growing economy, investors can find a safe and secure environment in Vanuatu.
- Vanuatu citizens can invest in global opportunities that may not be available in their own country.
About Passport Legacy
At Passport Legacy, we hold the expertise required to help you secure your citizenship through the Vanuatu citizenship by investment program. We are an experienced firm and have successfully handled many applications for investors from all over the world. Contact us today to find out more about how you can become a citizen of Vanuatu.
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