The Vanuatu citizenship by investment program is the fastest in the world: a passport can be obtained within 1—2 months. For comparison, Caribbean countries issue citizenship in an average of 3—7 months.
Who can become a Vanuatu citizen
To apply for Vanuatu citizenship, investors need to be at least 18 years old and have an impeccable record. The conditions for participation in the program are the absence of a criminal record, legally obtained money, good health and at least $250,000 on the account.
Investors are permitted to include in the application a spouse, children under 25 years old and parents over 50 years old. Still, only those adult children who are not married are allowed to obtain passports under the investment program.
How to obtain Vanuatu citizenship
To obtain Vanuatu citizenship, you need to sign a contract with an agent that has been granted a state license. Only licensed agents are allowed to apply on behalf of investors.
Lawyers of the agent company prepare a package of documents. The application is sent for consideration as soon as the investor pays 25% of the program costs.
The Vanuatu program’s department conducts Due Diligence: examines the documents, checks the investor against international databases and decides whether to grant citizenship.
Upon approval, the applicant pays the remaining 75% of the program costs. The Vanuatu citizenship by investment program offers the only option that is a contribution to the state fund from $130,000.
The cost of participation depends on the number of family members included in the application. For example, a couple with a child under 18 needs to contribute at least $165,000, while a couple with two underage children is to invest $180,000. The investor also pays duties and fees.
When the investment condition is met, Vanuatu issues a certificate of naturalization and a passport. Both documents are handed over at the time of the oath. The oath is taken by the investor and their spouse.