{"id":33466,"date":"2023-06-12T13:49:48","date_gmt":"2023-06-12T13:49:48","guid":{"rendered":"https:\/\/109-74-204-46.ip.linodeusercontent.com\/?p=33466"},"modified":"2023-06-12T13:51:54","modified_gmt":"2023-06-12T13:51:54","slug":"why-vanuatu-may-be-the-ideal-choice-for-your-second-citizenship","status":"publish","type":"post","link":"https:\/\/ikonnect.ae\/en\/ikonnect-news\/why-vanuatu-may-be-the-ideal-choice-for-your-second-citizenship\/","title":{"rendered":"Why Vanuatu May Be the Ideal Choice for your Second Citizenship?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"33466\" class=\"elementor elementor-33466\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2d642ff elementor-section-full_width elementor-section-height-default elementor-section-height-default tm-col-stretched-none tm-bg-color-over-image\" data-id=\"2d642ff\" data-element_type=\"section\" id=\"ikonnect-page-content\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cea53d1 tm-bg-color-over-image\" data-id=\"cea53d1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b067eaa elementor-widget elementor-widget-text-editor\" data-id=\"b067eaa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"font-weight: 400;\">Besides the beautiful and peaceful environment of Vanuatu, which consists of 83 islands, there are many reasons why this country is attracting many global investors. Over one hundred languages are spoken in Vanuatu, with English, French, and Bislama as the three main languages. As a huge advantage, securing citizenship after obtaining it is easy and inexpensive. The citizenship by investment program is only possible through the Development Support Program. Anyone above 18 can apply, and no language test, minimum stay, or business knowledge is required. The main reasons why Vanuatu is offering ideal citizenship by investment program are:<\/span><\/p><h2><span style=\"font-weight: 400;\">The incredibly fast citizenship approval process:<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/h2><p><span style=\"font-weight: 400;\">The government can issue the Vanuatu passport in 45-60 days. To apply for second citizenship, the principal applicant needs to apply for the following:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pre-approval phase: For this phase, the principal applicant must provide their passport, certified ID cards such as driving license, a police clearance report showing the clean criminal background of the applicant, and a CV. A USD 5,000 fee should also be paid at this stage.\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Gaining pre-approval and submitting the investment: The applicant will receive the written pre-approval document from the Vanuatu government Financial Intelligence Unit and make the full payment, plus provide further documents.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Document submission screening: In this stage, the applicant\u2019s documents will be screened by the government for a final inspection.\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Citizenship approval: The prime minister will approve the applicant\u2019s citizenship with the president, who signs the citizenship certificate directly.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Taking citizenship oath: Taking the citizenship oath is mandatory but can be done remotely, in any Government of Vanuatu Consulate or global nominated office.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/li><\/ul><h2><span style=\"font-weight: 400;\">Affordability of the program<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/h2><p><span style=\"font-weight: 400;\">The principal applicant must donate USD 130,000 to this program (plus government fees) or USD 180,000 to cover a family of four. On average, it means applying for a second passport for only USD 60,000, a unique opportunity globally. Aside from its affordability, the major plus to this program is that Vanuatu citizenship is hereditary.<\/span><\/p><h2><span style=\"font-weight: 400;\">The global mobility<\/span><\/h2><p><span style=\"font-weight: 400;\">Vanuatu is a member of the British Commonwealth. The country\u2019s citizens have access to 125 countries, including the UK and the members of the European Union, Hong Kong, Singapore, and Russia.\u00a0<\/span><\/p><h2><span style=\"font-weight: 400;\">Exceptional business opportunities<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/h2><p><span style=\"font-weight: 400;\">Exceptional tax policies adopted by the government of Vanuatu are another factor that has caught the attention of global investors. Aside from costumes tax and VAT, the nation is tax-free. Both international and national corporations based in Vanuatu have no associated tax charges, and the profits made by such corporations are not subject to tax. This strategy has successfully attracted many international banks and corporations to make Vanuatu their starting point for running a business or opening new branches in this country. Besides, the Vanuatu government has significantly facilitated company formation and management to attract more wealth from around the world.<\/span><span style=\"font-weight: 400;\"><br \/><\/span><\/p><h2><span style=\"font-weight: 400;\">Affordable real estate<\/span><b>\u00a0<\/b><\/h2><p><span style=\"font-weight: 400;\">Relatively cheap real estate is another plus for foreign investors who want to invest in this field. It is also possible to buy a whole island in Vanuatu. The country\u2019s growing tourism industry guarantees that real estate and rentals are always in demand.\u00a0<\/span><\/p><p><\/p><p><span style=\"font-weight: 400;\">For more details about Vanuatu residency and citizenship, talk to one of <\/span><a href=\"https:\/\/ikonnect.ae\/\"><span style=\"font-weight: 400;\">iKonnect Citizens\u2019<\/span><\/a><span style=\"font-weight: 400;\"> Citizenship and Residency Specialists today. Call +971 50 152 4200 or email <\/span><span style=\"font-weight: 400;\">info @ ikonnect.ae.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-98c399c elementor-widget elementor-widget-html\" data-id=\"98c399c\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<script>\n    window.addEventListener('load', (ev)=>{\n    let mainText = document.getElementById('ikonnect-blog-context-text-block');\n    let htwoCleaner = mainText.getElementsByTagName('h2')\n    for (let index = 0; index < htwoCleaner.length; index++) {\n        const htwoElement = htwoCleaner[index];\n        if (htwoElement.getElementsByTagName(\"span\").length > 0)\n        {\n            for (let index2 = 0; index2 < htwoElement.getElementsByTagName('span').length; index2++) {\n                const spanElement = htwoElement.getElementsByTagName('span')[index2];\n                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elementor-col-100 elementor-top-column elementor-element elementor-element-0b417a4 tm-bg-color-over-image\" data-id=\"0b417a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a612a80 elementor-widget elementor-widget-heading\" data-id=\"a612a80\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading 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country&#8230;<\/p>\n","protected":false},"author":6,"featured_media":33467,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"rank_math_lock_modified_date":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_joinchat":[],"footnotes":""},"categories":[63],"tags":[84,93,79,26,94],"class_list":["post-33466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ikonnect-news","tag-ikonnect-tips","tag-investment","tag-second-citizenship","tag-travel","tag-vanuatu-citizenship"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/ikonnect.ae\/en\/wp-json\/wp\/v2\/posts\/33466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ikonnect.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ikonnect.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ikonnect.ae\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/ikonnect.ae\/en\/wp-json\/wp\/v2\/comments?post=33466"}],"version-history":[{"count":4,"href":"https:\/\/ikonnect.ae\/en\/wp-json\/wp\/v2\/posts\/33466\/revisions"}],"predecessor-version":[{"id":33471,"href":"https:\/\/ikonnect.ae\/en\/wp-json\/wp\/v2\/posts\/33466\/revisions\/33471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ikonnect.ae\/en\/wp-json\/wp\/v2\/media\/33467"}],"wp:attachment":[{"href":"https:\/\/ikonnect.ae\/en\/wp-json\/wp\/v2\/media?parent=33466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ikonnect.ae\/en\/wp-json\/wp\/v2\/categories?post=33466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ikonnect.ae\/en\/wp-json\/wp\/v2\/tags?post=33466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}