Indian entrepreneurs are increasingly looking for ways to expand their businesses beyond borders. One effective tool is obtaining a second passport, and many are turning to Vanuatu for this solution.
Lyle Julien, Investment Programs Expert at Immigrant Invest, explores why Vanuatu citizenship is becoming a key for global business expansion among Indian entrepreneurs, providing the necessary information on how Indians get a Vanuatu passport and its benefits.
Vanuatu Second Passport for Indians by Investment
Vanuatu offers a Citizenship by Investment program that allows individuals to gain a second passport. This is appealing to Indian entrepreneurs who face visa restrictions or want to establish a stronger global presence.
The process is fast, with a Vanuatu passport issued in as little as 1—4 months. This passport opens doors to travel, business, and investment opportunities in over 130 countries, making it an attractive option for Indian business owners.
Another key factor attracting Indian entrepreneurs to Vanuatu is the ease of holding dual citizenship. India, although restrictive on dual citizenship, allows Overseas Citizenship of India (OCI) status, which means an Indian entrepreneur with Vanuatu citizenship can still enjoy many of the benefits in India, including long-term visas and the right to own property. This makes Vanuatu’s program an ideal solution for those who wish to maintain ties with their home country while expanding globally.
Benefits of Vanuatu Citizenship for Indians
Vanuatu passport benefits include new opportunities for investors and their family members. Also, Indians get a Vanuatu passport within 4 months. It is the fastest way to obtain citizenship by investment in the world.
Business opportunities with fewer barriers. Vanuatu citizens can benefit from favourable tax policies. Vanuatu has no personal income tax, wealth tax, or capital gains tax, which can significantly reduce financial burdens for entrepreneurs. This provides the opportunity to retain more profits and reinvest in their business.
Strategic location for Asia-Pacific growth. Vanuatu’s location in the Pacific places it in proximity to the rapidly growing economies of Asia and Australia. This makes it easier for entrepreneurs who are looking to expand into these markets. Additionally, as Vanuatu’s economy itself grows, there is an opportunity for business owners to explore regional investments and partnerships, capitalising on new growth areas.
Securing business mobility. Indian entrepreneurs gain a significant edge when their travel and business dealings are unrestricted by visa requirements. Vanuatu citizenship can offer greater mobility, flexibility, and security, making it easier to negotiate and close deals in person, which can often be critical in growing business overseas.
Vanuatu Citizenship Requirements for Indians
Straightforward eligibility. The Vanuatu citizenship program is accessible to individuals who can meet basic financial and legal requirements. Indian applicants get citizenship by a contribution of $130,000 to the government fund. The second option includes a partly refundable investment in shares of the CNO Future Fund — $157,000.
Applicants must also demonstrate a clean criminal record and undergo Due Diligence checks to ensure compliance with international standards.
Family inclusion. One of the key advantages of Vanuatu’s Citizenship by Investment program is that it extends to family members. For Indian entrepreneurs, this means that their spouses, children and parents can also obtain Vanuatu citizenship as part of the same investment. This makes it easier for the entire family to relocate or travel together, benefiting from the same global mobility and business opportunities.
Clear steps in the process. Once the investment is made, the application process involves submitting the necessary documents, including proof of identity, financial records, and health certificates. The entire process can take 1—4 months from submission to the approval of citizenship, making it one of the fastest citizenship by investment programs available.
How to Get Vanuatu Citizenship for Indians
Following the right steps. Indian entrepreneurs can begin their path to Vanuatu citizenship by contacting an authorised agent who facilitates the Citizenship by Investment program. The agent will guide the applicant through submitting forms, gathering necessary documents, and making the required financial contribution.
Investment and Due Diligence. Applicants must first submit the necessary personal documents, such as identification and proof of income. Next, they need to make the investment to the Vanuatu Development Support Program. Due Diligence checks will be conducted to ensure there is no criminal activity linked to the applicant. Once cleared, the final step is taking an oath of allegiance, which can be done remotely or at a Vanuatu consulate.
Fast-track to a second passport. The Vanuatu government has streamlined its process, allowing applicants to receive their passport within 1—4 months after approval. This speed makes it especially appealing for entrepreneurs seeking a quick solution to enhance global mobility.
Conclusion
Indian entrepreneurs are discovering that Vanuatu citizenship by investment offers a fast, efficient route to global business expansion. The benefits of visa-free travel, tax advantages, and simple application procedures make it an attractive option for those seeking to grow their businesses internationally. Also, Vanuatu’s location in the Asia-Pacific region adds to its appeal.
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