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Are you dreaming of acquiring beautiful Vanuatu citizenship and enjoying a peaceful life in a tropical paradise? The Vanuatu residency program is attracting many investors due to its superior benefits, especially reasonable investment levels and relatively simple participation conditions. This article will provide you with detailed information about Vanuatu residency costs to help you make the most informed decision.
Famous for its pristine nature, mild climate, and friendly community, Vanuatu offers you a fresh, peaceful, and close-knit atmosphere. The developed infrastructure system meets all living needs, further enhancing the quality of life for residents here.
Many benefits of residing in Vanuatu
The attractive tax policies, potential economy, and opportunity to own reasonably priced real estate are highlights that create favorable conditions for business and investment activities. Furthermore, Vanuatu is a tax haven, with no personal income tax, corporate income tax, property tax, etc., creating a competitive advantage for businesses.
A Vanuatu passport allows visa-free travel to over 130 countries and territories, including economic powers like the UK, USA, Canada, etc. You can freely travel and reside in any country within the Commonwealth. Your children will also enjoy high-quality education and excellent medical services in Vanuatu.
Vanuatu has a low crime rate, stable politics, and a transparent legal environment, providing favorable conditions for development, living, and working. The Vietnamese community in Vanuatu is growing, making it easier for you to integrate and live.
To get an overview of the costs of residing in Vanuatu, you need to consider two main groups of expenses:
First and foremost, this is the most important and largest expense you need to pay when deciding to reside in Vanuatu. Initial costs include contributions to the Government Development Fund and investment in real estate.
Contribution to the Government Development Fund:
Below is a reference price list for contributions:
Reference price table for contributions
Investment in Real Estate:
Purchase real estate worth at least $130,000 USD (single) or $180,000 USD (family)
Retain ownership of the real estate for at least 5 years
Note: The minimum investment amount may change over time, so you should update the latest information from the official Vanuatu government website or contact us directly for the most accurate advice.
Additionally, some other costs also need to be paid:
Document appraisal fee: $5,000 USD
Government fee: $5,000 USD
Consulting company service fee: Depending on the company (usually ranging from $5,000 USD to $15,000 USD)
Medical examination fee: Depending on the requirements of the authorities (about $500 USD per person)
Identity verification fee: Depending on the requirements of the authorities (about $200 USD per person)
Initial living costs: Depending on your needs and lifestyle (about $5,000 USD per month for a family of four)
Initial investments in Vanuatu
After completing the residency procedures and settling in Vanuatu, you will need to pay for monthly living expenses. Living costs in Vanuatu include:
Housing costs: Depending on the location, size, and type of housing (about $1,000 USD to $3,000 USD per month)
Food costs: Relatively high compared to neighboring countries (about $500 USD per month per person)
Education costs: Free for primary and secondary levels, high tuition fees for high school and university levels
Healthcare costs: Free public healthcare services, high private healthcare costs
Other costs: Entertainment, shopping, etc...
Depending on your and your family’s needs and lifestyle, these costs may vary higher or lower; the above costs are for reference to help you better visualize life in Vanuatu..
In addition to initial and monthly living costs, you also need to note some other incidental fees such as:
Citizenship renewal fee: (about $500 USD per person per year)
Passport replacement fee: (about $250 USD per person)
Property tax: (about 1% of the property value per year)
The costs of residing in Vanuatu vary depending on each person
Vanuatu attracts many investors and tourists with its wonderful benefits when residing. However, the residency process in Vanuatu can be quite complicated and requires many procedures. Therefore, choosing a reputable agency to support you in obtaining Vanuatu citizenship is extremely important..
Here are some reasons why you should choose us when you want to reside in Vanuatu:
We have in-depth knowledge of the Vanuatu residency program, including conditions, procedures, and related requirements, helping you choose the most suitable program for your needs and financial capabilities..
A reputable agency will support you in preparing all necessary documents, representing you in submitting the application, and tracking the review progress, saving you time and effort.
Ready to answer all your questions about the residency program, providing updated information and useful advice to help you best prepare for your new life.
Committed to protecting your rights throughout the residency process, ensuring you enjoy all the benefits as per Vanuatu laws.
Helping you connect with the Vietnamese community in Vanuatu, introducing potential business partners, building a network, and expanding development opportunities in Vanuatu.
Professional, experienced, dedicated team supporting you 24/7 throughout the process.
Through this article, we have compiled issues related to Vanuatu residency costs, hoping to help you if you are looking to move to beautiful, magnificent Vanuatu. If you are looking for a reputable agency, please contact us directly for more detailed and specific support and advice on the working procedures and residency documents in Vanuatu. We look forward to welcoming you on our website: https://quoctichthuhai.com/.
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