While there is history of civilization dating back as far as 500 BCE, as countries go, Vanuatu is still relatively new. The area—formerly known as the New Hebrides—was ruled by separate British and French administrations in what is known as a condominium. In this case, a condominium refers to a political territory where multiple sovereign powers formally agree to share ruling authority without dividing it into national zones. However, this eventually became a challenging situation and after a brief conflict known as the Coconut War, the nation of Vanuatu was established on July 30, 1980.
The constitution, which was drafted in 1979 and enacted in 1980, declares that Vanuatu is a sovereign democratic state. However, though Vanuatu is an independent nation, it should be noted that it is still part of the British Commonwealth. The constitution covers basics like official languages—Bislama, English, and French—the electoral structure, and basic citizenship law which does allow for a government sanctioned citizenship by investment option.
Citizenship can be straight forward, with the process taking as little as 45 days, with no requirement to physically be present in Vanuatu, making it an attractive option for many investors.
Program fees are nominal:
Single Applicant: $160,000
Married Couple: $185,000
Married Couple with One Child: $200,000
Married Couple with Two Children: $220,000
Additional Dependent: $25,000
FIU Due Diligence Fee: $5,000
*All prices are listed in US Dollars.
And, as the only citizenship by investment program of its kind in the Asian Pacific, Vanuatu offers visa-free access to 125 countries including the UK and Europe, Russia, Hong Kong, Singapore, and more.