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Make Vanuatu Your Home: Citizenship and Residency Visa Options

Have you always wanted to live on an island with beautiful landscapes, beaches, and greenery? Well, who doesn’t wish to reside in such a place?

Although there are quite a few places like that, one that stands out is Vanuatu. It is a stunning country with enormous beauty and a peaceful atmosphere.

It is far from the rest of the world, allowing you to live in a remote area that is warm and welcoming with a rich culture and many benefits.

Vanuatu offers citizenship and residency visa options for emigration. The country provides citizenship by investment program (CBI) and temporary and permanent residence permits.

Investors looking for citizenship should apply for the CBI program, but you must take guidance from professionals to understand the process better. Global Residence Index is the perfect place for consultation.

This article will discuss citizenship and residency visas offered by Vanuatu. If you want to learn more, then check out the article.

Why Choose Vanuatu?

Vanuatu, a country in the Southwestern Pacific Ocean, is well-known for its natural beauty, lush rainforests, beaches, crystal clear waters, and relaxed lifestyle. The place consists of over 80 islands with beautiful landscapes where you can enjoy many outdoor activities such as hiking, snorkeling, diving, etc.

The locals are known as Ni-Vanuatu and are very friendly and welcoming. Peaceful lifestyle of the country creates a cozy and inclusive atmosphere for non-natives. There is less hustle and bustle compared to urban areas. People who love secluded places will prefer Vanuatu because of its remoteness.

Vanuatu has no income tax, capital gains tax, and inheritance tax, making it a suitable location for investors, retirees, or anyone who wants to optimize their financial condition.

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There is a low crime rate, and the government ensures safety of all citizens and visitors. Healthcare system is also well-developed.

Overall, the country is great with its rich and diverse culture, and expatriates get to explore many different things while enjoying the calm living space.

It’s a compelling place for emigration and offers various citizenship and residency visa options.

Citizenship by Investment (CBI) Program

Vanuatu’s Citizenship by Investment Program (CBI), also known as Vanuatu Citizenship Development Support (DSP) or Vanuatu Contribution Program, permits citizenship and passports to investors or people willing to invest in the country’s economy for growth and development.

Eligibility Criteria for the CBI Program

There are some conditions you must meet to be eligible for this program. Below mentioned are a few criteria.

  • No Criminal Record: The candidate must submit proof of a clean criminal record. Thorough background checks will be conducted.
  • Financial condition: The candidate must have a minimum bank balance of $250,000 and submit proof of this.
  • Investment Contribution: The applicant has to invest a fixed minimum amount in the country’s National Development Fund to be eligible to apply for the program. The contribution amounts are:
  1. Single Applicant: $130,000
  2. Married Couple: $150,000
  3. Family of Three: $165,000
  4. Family of Four: $180,000
  5. Additional Family Members: $10,000

Application Process

Let’s look at the application process for the citizenship program.

  • Due diligence: First, a thorough background check of the applicant is conducted
  • Investment: Once done with the verification process, the candidate needs to transfer the investment amount to the respective authority
  • Submission of Application: The application is submitted with all the necessary documents
  • Approval of Citizenship: After all these steps are completed and the application is successfully reviewed, citizenship is granted to the investor
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Benefits of the CBI Program

The program offers some excellent benefits to the immigrants.

  • With Vanuatu citizenship, people can travel visa-free to over 90 countries, including the Schengen areas
  • The visa processing of this program is relatively faster, providing quick citizenship approval 
  • Vanuatu offers attractive tax benefits with no income, capital gains, corporate or inheritance tax
  • Second citizenship of Vanuatu is an excellent back-up option with many opportunities.
  • Passport availability for the whole family

Vanuatu Residency Visa Options

Vanuatu also offers residency visa options for people who want to visit or live in the country.

Self-Funded Resident Visa

This visa is for those individuals who have a reliable source of income and wish to reside in the country without local sponsors.

They must show proof of a minimum required income to be eligible for this visa. The applicant can live and work in the country.

The visa is for one year and can be renewed if you continue to meet the requirements.

Employment Visa

People who have secured employment in the country with a local company can live and work in Vanuatu with this visa. They must submit an employment contract and other required details. The visa can be renewed.

Business Visa

This visa allows people to visit the country for business-related matters. The duration of stay may vary.

Land Owner Visa

Individuals who want to purchase real estate in the country can opt for this visa. It is a pathway to permanent residency.

Dependent Visa

The visa allows dependent family members of an individual to visit or reside in the country.

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Conclusion

Vanuatu is the perfect remote island where people can live and enjoy the lovely atmosphere. Residing in a place with lush green forests and beaches is a dream come true for many.

The country is also rich in culture and traditions. There is no way this country won’t lure foreign nationals to emigrate.

Vanuatu offers citizenship and residency visas so individuals can visit or live permanently there. If you want to move to the country, get professional guidance and apply for a visa!

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