As of December 2023, the Vanuatu Citizenship by Investment program is still the fastest among existing passport programs. Let us clarify that Vanuatu is not the Caribbean. A small country, not far from Australia and New Zealand, in the South Pacific Ocean, consisting of 83 islands.
However, like the Caribbean, Vanuatu has a completely remote citizenship by investment process. For a minimum investment of $130,000 (USD) plus government fees and legal fees, citizenship can be obtained per applicant. And for $180,000 (USD) for a family of 4 people.
The Vanuatu Citizenship program is valid for the applicant’s spouse, his children, and parents.
Citizenship of Vanuatu: new investment options announced
Recently, information appeared in the press that the authorities of Vanuatu, a small state in the Pacific Ocean, will offer investors an alternative option for contributing to the fund. Namely, to invest in another fund, coconut, as part of the environmental initiative program to switch to climate-friendly fuels by 2030.
The declared investment is $138,000 for a family of 1-4 people. The number of applications will be limited to 120 per year. But for now, this is only a project that does not have an exact date for entry into force.
«Please note that this is not the first time that Vanuatu authorities have announced options that remain only on paper. Such as, for example, an investment in authorized real estate projects or an option with repayable government bonds. It is unlikely that the citizenship program, which is now so popular due to the unavailability of Caribbean programs for some applicants, will lower the investment threshold so much as to accept an application for a family at $138,000 instead of $180,000. However, we are monitoring developments and will keep our readers informed. Let me clarify that APEX clients from various countries continue to receive approvals and passports for their applications for Vanuatu citizenship. We have all the capabilities and experience to successfully process such applications,” explains Nuri Katz, President and Founder of Apex Capital Partners.
Interview procedure
Recently, in the summer of 2023, the Caribbean Citizenship by Investment Programs introduced a mandatory candidate interview process. It is important to note that they interview applicants BEFORE making a final decision on them. And in the Vanuatu program, candidates take an oath as part of the naturalization procedure AFTER their application is approved. That is, this procedure does not affect the issuance of a passport, since it is a formality. How to obtain Vanuatu Citizenship by Investment – Step-by-step with APEX >>
What about visa-free entry into the EU?
The right to visa-free entry into the EU zone for Vanuatu citizens has been suspended. The Last recall has been moved to August 3, 2024. By this date, the European Commission and the Vanuatu authorities will have to make changes to the program and procedure that will satisfy the requirements of European parliamentarians. That is, it is quite possible that this privilege will be returned to the Vanuatu people.
Apex Capital Partners has extensive expertise in preparing and submitting applications to the Vanuatu program. You can receive a free consultation and a full cost estimate for participation in the program, indicating the desired number, status and age of family members to apply.
