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CEOWORLD magazine - Latest - Special Reports - Report: Vanuatu Citizenship by Investment Programme, 2023

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Report: Vanuatu Citizenship by Investment Programme, 2023

Vanuatu

Vanuatu’s Development Support Programme (DSP) offers the opportunity to apply for CBI. Tourists, mainly from Australia and New Zealand, are a major contributor to Vanuatu’s GDP. China is boosting its involvement in Vanuatu, mainly through investments and loans.

Vanuatu provides one of the most expeditious ways of obtaining citizenship through investment, with applications likely to be approved in principle in a space of 12 weeks.

Vanuatu’s Citizenship by Investment Program ranked 7th in the Citizenship By Investment Index, 2023, by the CEOWORLD magazine.

Vanuatu

Vanuatu’s DSP offers one investment option.

INVESTMENT CONTRIBUTION: US$130,000, of which US$80,000 is retained by the Government.

Occasionally the requirement to take the oath of allegiance in front of a Commissioner for Oaths located in Vanuatu, Dubai, Hong Kong, or Singapore can cause a stumbling block in the quick processing of applications for citizenship by investment in Vanuatu.

Designated agencies can acquire citizenship certificates without the need for additional journeys. Fortunately, the government does not demand applicants to take a language test in any of Vanuatu’s three official languages – English, French, and Bislama – which would require considerable effort to learn.

Vanuatu

Applicants do not need to partake in an interview during the screening procedure, and relatives, including dependent children and parents aged 50 and above, can be included in the main request. Those who are accepted are not obligated to give up their primary citizenship.

The Vanuatu Government announced on 27 March 2023 that it was going to launch an Australian Dollar (AU$) denominated Government Bonds option, starting with a minimum investment of AU$150,000 for a minimum holding period of three years.


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CEOWORLD magazine - Latest - Special Reports - Report: Vanuatu Citizenship by Investment Programme, 2023
Sophie Ireland
Sophie is currently serving as a Senior Economist at CEOWORLD magazine's Global Unit. She started her career as a Young Professional at CEOWORLD magazine in 2010 and has since worked as an economist in three different regions, namely Latin America and the Caribbean, Africa, East Asia, and the Pacific. Her research interests primarily revolve around the topics of economic growth, labor policy, migration, inequality, and demographics. In her current role, she is responsible for monitoring macroeconomic conditions and working on subjects related to macroeconomics, fiscal policy, international trade, and finance. Prior to this, she worked with multiple local and global financial institutions, gaining extensive experience in the fields of economic research and financial analysis.


Follow her on Twitter, Facebook, Instagram, or connect on LinkedIn. Email her at sophie@ceoworld.biz.