Merits
The program is fully supported by the Vanuatu Government. The DSP program has the following merits:
Mature legal system in the country
Prestige status for Citizenship
No landing and residing requirement
Dual citizenship allowed
Short processing time (about 30 working days)
Three generations can apply
Freedom of movement
A Vanuatu second passport will allow you entry to more than 128 countries. You will rarely be questioned or delayed at airports because of issues with your travel documents. Having this passport also means that you can enjoy staying in any Schengen country for up to 90 days or 6 months every year in the United Kingdom even without a visa. Vanuatu also has a mutual visa waiver agreement with Schengen Area and Russia. Vanuatu is also a member of the Commonwealth and its citizens are considered Commonwealth citizens granting them additional rights in the UK and certain Commonwealth Countries.
Alluring tax policies
Vanuatu has some of the most favorable tax laws in the world. It has zero corporate tax. This makes it a perfect destination for investors and business people seeking to enjoy tax-free businesses. For example, your capital gains, global income, and inheritance will not be taxed at all. The World Bank rates Vanuatu among the top 100 countries that provide the most favorable environments for business operations.
Your second passport is kept private
Completely confidential process. If you apply for a second Vanuatu passport, your home country will not be informed of the application. This means that you can have dual citizenship without the knowledge of the nation of first citizenship.
Seamless application procedure
The process of acquiring a Vanuatu second passport is quite painless and transparent. For instance, you will be required to pay only 25% of the total application fees before submitting your documents. You pay the remaining 75% percentage after your application has been approved.
You get lifetime citizenship
Citizenship is hereditary. After your application has been approved and you get the passport, you and your dependents will be granted lifetime citizenship in Vanuatu. Passports are valid for a period of 5 years and renewable for the same period like normal citizens.
You don’t have to be physically present to apply for the passport
The application process does not necessitate that you be personally present. The process is entirely handled by a licensed agent who must also be approved by the government.
Privacy
Vanuatu is a low profile country which is ideal for providing the much-needed privacy. If you are a public figure and would like to evade public attention for some time, Vanuatu is the perfect place.
www.vanuatupassports.net
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