Vanuatu is an archipelago located in the Great Flat Ocean, bordering Australia and New Zealand. The Country of Wa is made up of about 80 islands in Oceania that offer people natural beauty and many tourist attractions. And it is the only country in the Asia-Pacific hemisphere that has obtained citizenship through an investment program. Since the launch of the Vanuatu Citizenship by Investment Programme, it has been favored by many people from abroad. As one of the fastest programs, the popularity of the Vanuatu Golden Visa has increased significantly in recent years. What are the immigration conditions in Nawanuatu? Lai Wan is described in detail in this article.
What are the conditions for immigration in Vanuatu?
1. Be at least 18 years old;
2. Personal assets
Applicants must provide proof that the total assets exceed $250,000.
3. Donation requirements
Donations that require government approval. The amount varies depending on the number of applicants. The specific requirements are as follows:
a. A single applicant will need to pay $130,000;
b. A married couple will have to pay $150,000;
c. A family of four will pay at least $180,000;
Additional dependents can be added for an additional fee of $25,000 per person. Don't forget the filing fee, which is $5,000, which includes due diligence and government fees for each person under the same main applicant. There is also an additional $400 fee, including passport applications, citizenship committees and citizenship certificate fees. The specific costs are subject to the actual expenditure.
4. The main applicant must have no criminal record;
5. Must be well-known in your community, society or country;
6. The applicant cannot be on any global sanctions list and has certainly not resided in Iran, Iraq, Syria, North Korea or Yemen in the past five years;
7. Other application requirements imposed by the Government of Vanuatu.
2. Vanuatu immigration process
Once the applicant meets the requirements, he can submit an application to begin applying for Vanuatu passport status, and Aozhen hereby introduces the timetable for applying for Vanuatu citizenship as follows:
1. Day 1
The applicant entrusts a professional body to conduct an initial investigation.
2. Day 7
Applicants review the applicant's conditions, and for those who do not meet the requirements, it is recommended to choose another immigration plan. Applicants who meet the requirements can proceed with the preparation of their applications.
3. Day 14
The application includes a nomination form and supporting documents sent to Vanuatu.
4. Days 15-30
The application is approved and the second payment is generally due.
5. Day 45
Confirmation of citizenship and passport application submitted.
6. Day 60
A professional body will send the applicant a copy of the applicant's citizenship certificate and Vanuatu passport.
7. Days 60-90
Take an oath at Vanuatu or your nearest mission and present your original passport. Oath officers and passport officers can be invited to your home country to take the oath and present their passports.
Advantages of the Vanuatu Migration Program
1. Visa-free travel to 130 countries and regions, including the European Union, the United Kingdom, etc.;
2. Low application threshold: the overall application cost is the lowest compared to any other citizenship investment program;
3. The applicant has no personal income tax: The country has long been a tax-friendly country, with no personal income tax, capital gains or withholding tax, which is very beneficial to asset preservation;
4. There is no minimum check-in time requirement: after the applicant gets the identity, he can go out to Vanuatu freely;
5. There is no language requirement for the application for nationality;
6. Vanuatu is a quiet, pristine environment, favored by foreigners;
7. Great location near Australia and New Zealand;
8. Permanent resident status: Vanuatu citizenship is held permanently and belongs to the hereditary system, so the children and descendants of the applicant can have Vanuatu citizenship;
9. Simple process: obtain the most efficient citizenship in the world through the investment application process, and the application speed is very fast;
10. The investment is safe and stable, and the applicant will only invest after the application is approved.
Before making any final decision regarding obtaining a second passport through the Citizenship by Investment Program, applicants should ensure that you are eligible to apply. If you meet these requirements, you can apply for Vanuatu citizenship and thus enjoy favorable benefits!