Vanuatu passport: Detailed citizenship by investment guide

Vanuatu, a state in Oceania, is the only jurisdiction that permits investors to acquire citizenship by funding in document time. It’s potential to acquire a Vanuatu passport within just 1.5 months.

Please note! In our apply, we had cases of obtaining citizenship within three weeks, which is quicker than obtaining a Schengen visa!

In this article, we will take you through a step-by-step process of making use of for the citizenship of Vanuatu by investing in its state fund, and also we are going to level out to necessary details you could not miss. Reviewing the data will take 10–15 minutes of your time. However, after reading this materials until the tip, you will be taught at what stage you’ll be required to take active actions and the way a lot time every stage takes. The material under is based on the personal experience of our purchasers who participated in this program.

1. Preliminary check, contract signing and due diligence: 2 weeks

What does the applicant do?

An applicant signs the contract with the company and pays due diligence fee — $5,000 — performed by Financial Intelligence Unit (FIU).

What does the corporate do?

The corporate performs a free preliminary check of the applicant’s documents BEFORE signing of the contract, in order to assess the possibilities and doable risks throughout obtaining the citizenship. The company prepares the contract.

What does the FIU do?

The FIU conducts due diligence and sends the FIU report afterwards.

The list of documents required at this stage:

Police Certificates;

CV/resume of the principle applicant;

Scanned copies of all passports.

Bills at this stage

$5,000 — due diligence fee.

Essential note!

Escrow agent acts as a trusted party in the transaction between a seller and a purchaser, and, via pledges, insures them against poor fulfillment of conditions. Escrow agent is an American firm and, additionalmore, it is potential to pay your complete investment quantity by cryptocurrency following the identical scheme.

The Hungarian everlasting residence by investment program used to have the identical escrow scheme. It was one of the best program in the EU that had had quite a lot of advantages. After all, the Escrow agent insures both parties.

A Police Certificate (certificate of no felony report) could be issued below the traditional process (within a month) or it’s possible to pay an additional fee and get this certificate within 1 day.

Outcome

The contract is signed, due diligence is paid, the FIU report is issued.

2. Preparation of paperwork: 3–10 business days

What does the consumer do?

The consumer supplies unique or notarized copies of documents, fills in the questionnaire.

What does the corporate do?

Translation and legalization of paperwork in accordance with the check-list. The company organizes medical examination. The company sends the questionnaires to investors for filling in.

The list of paperwork required at this stage

The package of paperwork is submitted for every member of the family who is included within the application for Vanuatu citizenship by investment. Click here.

Important note!

It’s advisable to prepare medical certificates and utility bills closer to the date of filing the documents, since they’re legitimate for three months only.

Results

The complete bundle of documents in accordance with the check-list has been prepared, translations and legalization have been made. The questionnaires for filling out the state varieties have been despatched to the shopper for completion.

3. Submission of documents and сase examine: 2–3 weeks

What does the consumer do?

The shopper fills in the questionnaires, which will be needed to fill within the government kinds, of their native language. The consumer signs the government types that have been prepared by the company for submitting and pays 50% of the total amount minus $5,000 paid for the due diligence.

What does the corporate do?

The company’s specialists fill out every government kind on behalf of the client, manage and management the process of acquiring all certificates, translations and legalization. We also ship the package deal to our office in Vanuatu and our local agent submits the case to the Citizenship by Investment Unit of Vanuatu.

What does the federal government do?

The government accepts the documents. Licensed individuals review them and an Approval In Principle is issued.

Bills at this stage

50% of the total amount minus the $5,000 due diligence fee.

Vital note

In the process of preparation of a bundle of paperwork, traders usually rely on work of translators who make small mistakes, which end result within the necessity to redo the document, namely to have such doc translated and apostilled again. Not like rivals, we fill within the state varieties and arrange translation and legalization process by ourselves and this permits to exclude possible errors in spelling, for instance, surnames. This allows our prospects to save time and money.

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