Updated: Dec 9, 2021
The Pacific nation of Vanuatu has launched the real estate option for its citizenship by investment program. The new option offers high-net-worth individuals (HNWIs) the chance to obtain robust second citizenship by investing in the country's real estate sector with no prior residence required.
Historically, the Vanuatuan program only had one option. Applicants from all around the globe could choose from donating a sum of 130,000 USD for a single applicant, or 180,000 USD for a family of four, to the Vanuatu Government.
The minimum real estate investment threshold that applicants must meet to qualify for citizenship is 200,000 USD for a complete unit or 100,000 USD for half ownership. The property can be resold after a seven-year holding period.
However, unlike many options in Vanuatu's citizenship by investment counterparts in the Caribbean, Vanuatu's real estate option offers investors a full title instead of just a timeshare.
The real estate option in Vanuatu is officially the most affordable one of its kind throughout all citizenship by investment programs worldwide. This cost-effectiveness, combined with the quick processing time of two months, makes the Vanuatu citizenship by investment program the most economical, fastest, and most straightforward program of this nature.
Investors can now obtain property, second citizenship, and endless benefits for themselves and their families within the range of 100,000 USD. A Vanuatu passport costs about as much as a luxury car to put that in perspective.
The Vanuatuan passport itself comes with a wide array of advantages, such as: Enhanced global mobility- holders of a Vanuatu passport can travel visa-free to 135 destinations worldwide, including highly desirable tourist hotspots such as the entirety of the EU, the UK, Singapore, Hong Kong, and many others.
Tax benefits - Vanuatu is one of the most tax-friendly nations globally. Considered by many as one of the world's most sought-out tax havens, Vanuatu does not impose taxes on personal or corporate income. Furthermore, the Pacific nation does not set capital gains, withholding, wealth, or inheritance tax, making it one of the best places for HNWIs globally in tax burden alleviation.
A persistent "Plan B" - There is no better way to combat the dire effects of political and economic instability in one's home country than by having a second citizenship. The Vanuatuan passport offers its holders a backup plan if something goes wrong in their home country. The recent turbulence in Afghanistan and the Vanuatuan Government's rapid movement to evacuate an Afghani family holding Vanuatuan citizenship were prime examples of this benefit.
Adding the real estate option to the Vanuatuan citizenship by investment program only adds to those benefits, as investors can now profit from their investment and get their initial investment (plus appreciation) back after a seven-year holding period. The real estate option has suddenly made Vanuatu's program every savvy investor's dream.
Vanuatu's natural scenery offers a serene and stunning backdrop for high-end properties that perfectly harmonize with the surrounding silky beaches and lush forestry.
Vanuatu's program was top-rated before the real estate option and is now set to garner even more demand.
The minimum threshold for investing in real estate ensures that it is the lowest of its kind throughout all citizenship by investment programs worldwide. At the same time, the two-month processing time remains the fastest worldwide.
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