VANUATU - paradise for business, vacation and life

admin 2019-05-15

Enjoy relaxed tax regulationsand cross 124 boarders not applying for a visa (all territories which belong to Schengen zone, UK, Ireland etc.) with a Vanuatu residency which you are eligible to get.

Vanuatu is a beautiful, free of taxes tropical heaven known not only for its great location and weather, but in additionthe exceptional location to own and operate a company.

Life in Vanuatu – what you need!

Вануату - второе гражданство

Vanuatu is formed from a group of little isles and positioned not distant from New Caledonia as well as Fiji and New Zealand in the Pacific, the county is not overpopulated, approximately 270 000 live there. The weather is typical to tropical and subtropical climate. The average daily temperature is 29 degrees during summer months and 25 degrees during winter months.

In 2017, the local authorities implemented a target Programme to enable candidates to become naturalized members of the state. TheProgramme was promoted in order to attract highly needed financing for improvement of the country’s roads, social schemes, facilitate the growth of economy and contribute to creation of jobs. Being a Ni-Vanuatu will bring you many benefits and give you a chance to get pleasure from living and employment on this beautiful and the safest group of isles.

If you need more proof about uniqueness of this country, keep reading to find out such facts as:

One of the many advantages of this amazing country is that thelocals don’t pay any tax on received financial gains (private or capital). There is also no tax on inheritance of property.

People who possess a Vanuatu travel document are exempt from entrance visasto 124 lands. Those lucky travelers are welcomed to all territories which belong to Schengen zone, as well as Singapore, Ireland, UK, Russian Federation, Hong Kong etc.

Several times Vanuatu was called a land with the highest happiness index around the globe, what became a part of thestatebranding. Studies have been conducted by the NEF based on factors such as length of life,welfare of people and factors influencing the environment.

Vanuatu is inhabited mainly by locals, Australians, New Zealanders, Europeans, Asians and other Pacific Islanders, so people speak among themselves mainly in English as well as French and some of them also practise Bislamic, but business is conducted mainly in English. Life in this Pacific country is unbelievably quiet and relaxed, people are open-minded and very friendly to each other.

On the isle called Efate the capital and the main city is based – Port Vila. 30 000 people live there. Port Vila has a well-developed financial, as well as banking sector, there are some well-known banks known internationally, it is easy to find qualified specialists such as consultants, advisors, lawyers, advocates and accountants, required to serve new and existing businesses. Another big city worth mentioning is Loganville.

The Pacific group of islesbelongs to the British Commonwealth territory, and its legal system is based on British common law. The economic prosperity of the land dependsmainly on small farming and agribusiness, which supports 65% of local people, as well as on travel industry, fishery. The country is also famous in supplying offshore financial services for nonresidents, by adopting a flexible attitude towards taxes.

Candidates can submit their applications for naturalization not only as individuals, but also together with a whole family, that helps to reduce the costs significantly. As a comparison, the cost of an individual package of documents is 150 000 USD, and the cost of dossiers‘ submission for a household consistingof 2 adults and 2 children is only 200 000 USD.

The permanent right to reside in this land authorized under the Vanuatu’s Programme forsupporting Vanuatus‘ development is absolutely legal and accepted by the governing body. Those who have been granted naturalization are fully eligible to reside permanently on the group of isles and, of course, to be employedand study. Their passports can be renewed avoiding any problems at the end of their validity period. However, you are not obliged to live in the country or visit it to retain your status as a resident.

In majority of cases, 40-90 days and just a few simple steps are needed to become a Ni-Vanuatu. Basic requirements for the applicant:

– The person who submits the documents must be over 18 and under 65 at the time of filingof application;

– Applicant must submit an original certificate of criminal record requested from the country‘s authorities where he/she has lived for the last 365 days, otherwise, this letter should be requested from the country‘s authorities of his/her main nationality.

Please do not hesitate to request more details on the topic of filing of documents for Vanuatu citizenship, timing, opportunities and much more from us.

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