If you’ve been considering a second passport for you and your family, Vanuatu recently launched one of the most innovative citizenship by investment programs available. This investment-linked citizenship program combines all the benefits of traditional citizenship by investment with a redeemable investment in the coconut oil sector.
Only available through Vanuatu Investment Marketing Bureau (VIMB), this unique program has the ability to provide you and your family with freedom of travel and residency, as well as financial security.
Traditional Citizenship by Investment Programs
As you may know, citizenship by investment is a way for countries to attract foreign investment by offering citizenship in return. Vanuatu, a stunning archipelago in the South Pacific, has been a popular destination for those seeking second citizenship due to its excellent benefits, attractive policies, and beautiful scenery.
Existing Programs and Benefits
Until recently, Vanuatu has offered a straightforward citizenship by investment program, known as the Development Support Program (DSP). These typically involve making a donation to the Vanuatu government’s development fund. The benefits? Visa-free or visa-on-arrival access to over 100 countries, no income tax, capital gains tax, or inheritance tax, and a relaxed, island lifestyle for those who choose to live on the island.
Introducing the Investment-Linked Citizenship Program
The Republic of Vanuatu has now launched its new opportunity, an investment-linked citizenship program, officially known as the the Capital Investment Immigration Plan (CIIP) – Coconut Oil (CNO) Future Fund. This isn’t just any investment opportunity; it’s a chance to contribute to a fund with a sustainable future while enjoying the benefits of Vanuatu citizenship.
How It Works
Applicants pay $115,000 upfront, for a family of four, and invest an additional $50,000 in the Coconut Oil Future Fund. The investment in the fund is redeemable after five years, making it a secure and appealing option for those looking to combine financial growth with global mobility.
Who Can Apply?
This program is designed for anyone looking to improve their security, freedom, and financial portfolio. There are no specific restrictions based on nationality, making it an inclusive option for global citizens.
The Coconut Oil (CNO) Future Fund
The Coconut Oil Future Fund is an innovative and sustainable investment vehicle that focuses on the production and export of coconut oil, a highly sought-after commodity in global markets.
Why Coconut Oil?
The Vanuatu government has established coconut oil as a primary part of its plan to achieve 100% renewable energy in electricity generation by 2030. Production of coconut oil will be increased to meet the domestic biofuel demand. This will be accomplished through initiatives across the coconut oil industry, including plantation automation, transport infrastructure, and biofuel production.
The Benefits of the CNO Future Fund
The CNO Future Fund offers several compelling advantages:
- Financial Returns: With the global demand for coconut oil increasing, the fund is projected to provide solid returns on your investment.
- Sustainability: Investing in the fund means supporting environmentally friendly and sustainable agricultural practices.
- Economic Support: Your investment helps bolster Vanuatu’s economy, supporting local farmers and creating jobs.
Benefits of Vanuatu Citizenship
Let’s look at the many benefits that come with being a citizen of Vanuatu.
Travel Freedom
As a Vanuatu citizen, you’ll enjoy visa-free. eVisa, or visa-on-arrival access to over 100 countries, including Hong Kong, Russia, and Australia. This makes traveling for business or pleasure a breeze.
Tax Advantages
In Vanuatu, there’s no income tax, capital gains tax, or inheritance tax, which means you get to keep more of your hard-earned money. This is a significant advantage for high net worth individuals seeking to optimize their financial portfolio.
Business Opportunities
Vanuatu’s favorable business environment makes it an attractive destination for entrepreneurs and investors. With your citizenship, you can easily set up businesses and take advantage of the growing opportunities in the region.
Quality of Life
While there is no requirement to live in Vanuatu, the opportunity is always open to you. If you choose to do so, this tropical paradise features pristine beaches, lush rainforests, and a welcoming community. Vanuatu offers a relaxed and high-quality lifestyle, perfect for those looking to escape the hustle and bustle of city life.
How to Apply
If you’re ready to get started, follow our step-by-step guide to applying for the investment-linked citizenship program.
Initial Consultation
The journey begins with an initial consultation with our Vanuatu Citizenship Experts. We’ll discuss your eligibility, answer any questions you have, and guide you through the process.
Required Documentation
You’ll need to gather and submit various documents, including proof of identity, financial statements, and a clean criminal record. Our team will help ensure everything is in order.
Application Submission
Once your documents are ready, we’ll submit your application to the Vanuatu government. The process is streamlined and efficient, so it all goes very quickly.
Investment and Payment
Upon approval, you’ll make the $115,000 payment and invest $50,000 in the Coconut Oil (CNO) Future Fund. The investment is redeemable after five years.
Receiving Your Citizenship
After completing the payment and investment, you’ll receive your Vanuatu citizenship. Congratulations! You’re now a proud citizen of one of the most beautiful countries in the world.
Frequently Asked Questions (FAQs)
Is the investment in the Coconut Oil Future Fund safe?
Absolutely. The fund is managed to international standards by experienced professionals and focuses on a high-demand commodity, providing stability and growth. The fund has its own site – www.cno.vu – where performance can be tracked and where news and updates will be published.
What happens after five years?
After five years, you can redeem your $50,000 investment in full. You may also choose to keep your investment in the fund due to the fund’s projected returns.
Can my family apply with me?
Yes, your immediate family members can also apply for citizenship under this program, ensuring you can all enjoy the benefits together.
Conclusion: A Vanuatu Passport for Your Family
The investment-linked citizenship program and the Coconut Oil Future Fund offer a unique and attractive opportunity for high net worth individuals. With the chance to gain Vanuatu citizenship, enjoy numerous benefits, and make a sustainable investment, there’s never been a better time to explore this option.
Contact VIMB today to schedule your consultation and learn more about how the investment-linked citizenship program can transform your future.