How Much Does It Cost To Acquire Vanuatu Citizenship?
Vanuatu is a beautiful island nation located in the South Pacific that offers an investment program that allows foreign nationals to obtain citizenship by making a significant financial investment in the country. This program has gained popularity among global investors seeking a second passport for various reasons, including visa-free travel, business opportunities, and lifestyle benefits. This article will explore the costs of obtaining the Vanuatu Citizenship by Investment program.
Investment options:
Vanuatu’s Citizenship by Investment program offers several investment options. The main option is a non-refundable contribution to the government’s Development Support Program (DSP), which starts at $130,000 for a single applicant and varies depending on the number of dependents included in the application. The DSP funds support various infrastructure and social development projects in the country, such as healthcare, education, and housing.
Another option is to invest in approved real estate projects, starting at $400,000 for a single applicant. This option allows investors to own and generate income from the property while also obtaining citizenship.
Additional costs:
In addition to the investment cost, other fees are associated with obtaining Vanuatu citizenship through its Citizenship by Investment program. These fees include the citizenship application fee, which is $1,000 for a single applicant and increases depending on the number of dependents included in the application. There is also a passport fee of $300 per person.
Applicants must also pay for due diligence checks, which an independent third-party firm conducts to verify the applicant’s background, reputation, and financial standing. The due diligence fees start at $5,000 for a single applicant and increase depending on the number of dependents included in the application.
It is essential to note that additional costs may be associated with the chosen investment option, such as legal and processing fees. Working with a reputable authorized agent who can guide all costs associated with obtaining Vanuatu citizenship through its Citizenship by Investment program is essential.
Obtaining Vanuatu citizenship through its Citizenship by Investment program is an excellent opportunity for investors seeking a second passport in a beautiful, peaceful island nation with numerous benefits. The costs of obtaining citizenship vary depending on the investment option and the number of dependents included in the application. It is essential to work with a reputable authorized agent who can provide guidance on all costs associated with obtaining Vanuatu citizenship and ensure that the investment is structured efficiently to maximize the benefits of citizenship.
