Vanuatu passport is coming to be progressively preferred among Russians and people of various other CIS nations. There are numerous factors for that. Allow us to take a closer consider the main benefits of the Vanuatu citizenship by investment.
Initially, it is the speed and benefit of purchase. If you have all the documents prepared and the required funds available, you can obtain Vanuatu passport in 1.5-2 months. No investment citizenship can provide such record-breaking deadlines. For example, in case of Dominica, St. Lucia or St. Kitts and also Nevis citizenship, it will take a minimum of 4-5 months and possibly much longer.Fast Process
The cost of obtaining Vanuatu citizenship by investments is fairly affordable and is between the lower and middle bar costs for comparable citizenship of the leading Caribbean countries, such as Dominica, St. Lucia, St. Kitts and also Nevis as well as Grenada. The cost comes to be a lot more appealing if you obtain Vanuatu citizenship by investment not just for yourself, but also for your member of the family.
In addition, Vanuatu has the fastest process time in the world, and has one of the best reputation.
The procedure of passing the due diligence, along with checking the resource of funds - both main elements of any type of citizenship by investment application process - in case of Vanuatu is much softer than any in the Caribbean countries, in addition to Malta or Cyprus. This might be a game changer, due to the fact that based on this test authorities of a given country determine whether to give investment citizenship to you and your member of the family.How to get
The following extremely crucial, and for several, one of the most essential benefit of a Vanuatu passport, is visa-free entrance to more than 125 countries of the world, including the Schengen nations and the UK. However, for Russians as well as residents of various other CIS nations it's getting more challenging to obtain a visa to Schengen and Great Britain. This trend will probably proceed due to the increasing conflict of Russia with the West.
In addition to visa-free travel, a Vanuatu passport will provide you with brand-new chances for opening up bank account, establishing business and also count on various foreign territories. Together with Vanuatu passport documents, you can request Vanuatu's chauffeur's license and also get it immidiately.Visa free
The next benefit is Vanuatu's very liberal tax system. There is neither earnings tax neither business tax. Additionally, most various other tax obligations are additionally missing out on below, such as income on investments, inheritance, etc. It's no surprise that Vanuatu is called a "tax haven".Tax free
One more crucial benefit is that the procedure of evaluating applications for citizenship of Vanuatu is kept in total privacy, and also you are not endangered by an expected disclosure of the fact that you made an application for a second citizenship or by the fact that you got a Vanuatu passport.