The world is an ever-changing and unpredictable place. Although you can’t tell what the future holds for you or your family, there are a few ways you can prepare for it. One of the more popular ways high-net-worth investors are securing a safe and prosperous life for themselves and their loved ones is through obtaining a second passport through Citizenship by Investment (CBI) programs.
Holding a second passport, especially in a country like Vanuatu, provides you with the freedom to travel around the globe and easily grow your business or career in the global market.
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Vanuatu continues to improve its Citizenship by Investment program and enhance its applicant vetting and due diligence processes, to ensure that the Vanuatu Citizenship Program continues to be one of the best CBI programs for investors from all over the world. The Vanuatu Ministry of Foreign Affairs issued a statement on the 8th of March 2021 verifying their efforts:
“The Ministry of Foreign Affairs wishes to offer its assurances that the Government of Vanuatu is engaged in an active dialogue with the European Union to ensure mutual understandings are reached regarding the current and future management of Vanuatu’s Citizenship Program. The Vanuatu Citizenship Commission continues to move forward with plans to restructure the Citizenship Program- with due diligence processes being one of the primary considerations.”
The program is approved and guaranteed by the government since 2017.
Vanuatu remains a favourite for investors, due to the many aspects that influence high-net-worth individuals to seek out a second passport through the Vanuatu Citizenship Development Support Program not only for themselves but also for the insurance that your wealth, assets and family will be taken care of. Here, we look at the most common reasons:
Gain Access to the Global Market
The emergence of a global market due to economic growth have entrepreneurs and business people eager to obtain a second passport for the purpose of growing and expanding their companies internationally. Holding a Vanuatu passport grants the freedom of movement around key economic hubs that will make this possible. Having unrestricted access to the United Kingdom and European Union (EU) economy affords access to lucrative business and investment opportunities that may not be available to them in their home nation.
Freedom of Movement Around the World
One of the biggest reasons investors seek out second citizenship is for the ease of global travel that is attached to holding a passport from certain countries. A Vanuatuan passport, for instance, grants visa-free or visa-on-arrival access to over 125 countries and territories worldwide, including popular travel destinations, like the United Kingdom, the Schengen Area and Singapore.
Singapore skyline and view of skyscrapers on Marina Bay at sunset.
This benefit is particularly appealing to high-net-worth individuals who travel a lot for business and pleasure. It also saves investors time and money that would otherwise be spent obtaining travel documents.
Quick and Easy Application Process
The year 2020 was dominated by the COVID-19 pandemic, with unprecedented havoc, irrevocably changing the world as we know it. The biggest lesson we have all learned is that nations around the globe, no matter how powerful, are prone to instability now more than ever.
Living in an unpredictable world can be scary – but having second citizenship can bring you some form of comfort and peace of mind. A second passport acts as a Plan B for you and your family in times of socio-economic and political disruption. If a situation were to severely escalate in your home nation in the form of a civil war or economic downfall, your mind will be at ease knowing that you have a reliable country to call home.
It only takes a few months to acquire second citizenship through the Vanuatu Citizenship by Investment program. The program holds the reputation for being the quickest route to a second passport in the world – with investors usually receiving their new citizenship status from as little as 45 days to 6 months at the absolute most. Not to mention, that the application process itself is simple and efficient, making it a breeze to apply.
You can also apply to Vanuatu Citizenship as a family group (Family of 3 starting from USD 180,000 plus fees).
The Ultimate Plan B
Even without the COVID-19 crisis, life is unpredictable and tragedy can happen at any time. The best thing you can do is prepare for the worst-case scenario and have a backup plan in place. If the day ever arrives where you are forced to flee your home country in search of safety and a better life elsewhere, you will find that Vanuatu is one of the best places to move to.
Vanuatu is particularly ideal as it is known to be a stable and peaceful country. In fact, Vanuatu is so safe that it does not have a Regular Armed Forces, and the country has been declared the happiest place on the planet several times. The island nation is commonly known as a piece of paradise – and if ever need be, it will make the perfect second home for you and your loved ones.
Appealing Retirement Prospect
You work hard for your money, so it’s only fair that your money works for you when you finally reach those golden years of retirement. Vanuatu is more than just an ideal vacation destination. It has become a quintessential place to live, work and retire in peace.
Who wouldn’t want to spend their days tanning on one of Vanuatu’s pristine beaches?
Vanuatu is an archipelago nation spread across 82 islands situated just between New Zealand and Australia.
Book a Free Consultation
When applying to any Citizenship by Investment program, please be sure to render the services of a government authorized agent and advisor like Savory & Partners. Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. Such accreditation is bestowed through a rigorous verification process that gives citizenship investors peace of mind knowing that they are in the hands of certified professionals.
The Savory & Partners team is made up of a diverse group of industry experts who span over 15 nationalities, speak over 25 languages collectively, and come with decades of CBI and RBI industry experience. Our level of expertise combined with our commitment to serve our clients with the highest level of professionalism and transparency has led us to aid over 1,100 families obtain a second passport with a 100% success rate. There is no-one better positioned and more trustworthy than Savory & Partners when seeking the best results on your quest to secure a better future for yourself and your family.
If you are considering applying to any Citizenship by Investment program, do not hesitate to contact us for a free online consultation.
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