[ HTJ Podcast ] Citizenship In Vanuatu

If you need #InternationalTax advice?

We are here…

Here are 4 ways we can help you –

1. We offer HOLISTIC strategies to help you live that international life. Tax + MIGRATION options.

2. We help you MODEL the tax impact of moving to a new jurisdiction

3. CONTACT us for tax optimization consults over Zoom

4. High Net Worth? We can QUOTE for doing your “US – International” tax returns

DERREN JOSEPH:
So, we went through the Caribbean and Vanuatu as well. How does Vanuatu fit in?

JASON PHILLIP:
Yes. So, Vanuatu it’s at this point, it’s purely nation program. It has been about including real estate as an option, but right now it’s probably donation and it’s not the cheapest program, but it is the fastest, okay. Vanuatu, you’re typically able to get approval within 30 days and get the passport in hand within 45 to 60 days. So, we do the Vanuatu program quite frequently for investors looking for, looking for that quick passport, looking for something that’s just going to be a second passport to use for business, to use for restructuring, because Vanuatu is also a tax-free jurisdiction, so, you know, Vanuatu if we don’t have the time to wait for a Caribbean passport, it is by far the best option on the market because we get it quickly, it’s reliable, and it is a strong passport offering visa free to the UK and EU like the Caribbean passports. So, we do see a high demand for it from persons, just physically who are looking for some passport needed within a short timeframe.

DERREN JOSEPH:
And can you repeat how much is the donation again?

JASON PHILLIP:
So, Vanuatu starts from 130,000.

DERREN JOSEPH:
130,000, okay, understood. Now I know for some jurisdictions you can go in using the investment route, or you can set up a company and once you are providing X number of jobs or whatever the criteria may be, you yourself, as the entrepreneur, the investor will get permission to live there. Is that possible with the jurisdictions that you’ve just touched on?

JASON PHILLIP:
Not, not really. Generally, so, Antigua does have a business development option, and I think they extend all kind, but it’s not visioned in that sense of you make X number of jobs. You get, you know, jurisdictions like, you know, Canada and other jurisdictions. They have programs related to that, but the character is more focused, purely on investment. So, you’ve made a certain amount of money has been invested in the country, but you must get approval with the government on a very specific case by case basis. So, I would not say that that’s a common route to citizenship to Caribbean, but some of the programs do allow avenues to explore that.

DERREN JOSEPH:
Okay. Understood. And of course, you’re based in Dubai, in the UAE, do you offer, residency, or access to the Emirates as well?

JASON PHILLIP:
So, we don’t do specifically residency, in the Emirates. We focus on the Caribbean, but what we do, we do have partners that work that offer offshore business solutions and residency solutions. So, our equities really are investment in the Caribbean.

DERREN JOSEPH:
Okay, understood.

VOICE-OVER:
Please subscribe, like, share and comment below. Our books and upcoming events are available at HTJ.tax. Email us at help@htj.tax to engage us to advice on international tax or business matters.

#HTJpodcast #internationaltax #taxplanning #financialplanning #taxes #compliance #AdaptOrDie #internationalbusiness #offshore #expats #investors #offshore #liveyourbestlife #flagtheory #InternationalEntrepreneur #entrepreneur

source