WorldWay Immigration has received significant news that Vanuatu and China are about to sign a visa exemption agreement! According to the Daily Mail, recently, Vanuatu Prime Minister Charlot Salwai stated in an interview with local media that Vanuatu citizens will soon be able to visit China without a visa, and conversely, Chinese citizens will also soon be able to enter Vanuatu visa-free!
It is reported that citizens of China and Vanuatu will be able to visit each other's countries "soon" without prior visa arrangements, and this agreement may take effect later this year. This is undoubtedly good news for investors!
It is worth mentioning that in February of this year, Vanuatu government officials stated in an interview during the investment immigration summit in Dubai that "we revised the Citizenship Act in 2019, removing the term 'honorary' from Vanuatu citizenship obtained through investment." Evidence suggests that the country will no longer refer to its economic citizens as "honorary," although the government has not announced any such regulatory changes. It is certain that the new citizenship obtained through the Vanuatu Development Support Program will be equivalent to that of citizens born in the country, marking a significant step forward!
Experts from WorldWay Immigration indicate that if the new policies for Vanuatu's investment citizenship program take effect, along with the visa exemption agreement with China, it may attract an increasing number of global investors to invest in Vanuatu.
In 2016, Vanuatu legislated the investment citizenship program—donation program, allowing foreign nationals to quickly obtain Vanuatu passports and become Vanuatu citizens by donating to the Vanuatu government, enjoying all rights of Vanuatu citizens. The Vanuatu passport is highly sought after by high-net-worth individuals due to its low investment amount, rapid approval, simple documentation, direct citizenship, tax benefits, and numerous visa-free options. However, the benefits did not stop there; in April 2018, the Vanuatu government amended the law, significantly lowering the investment threshold for citizenship, reducing the investment amount for a single applicant from the original $130,000 to the current $80,000. The amendment has been in effect since April 27, 2018.
Comparison of the old and new donation policies for the Vanuatu donation program
Advantages of the Vanuatu Passport Program
1. Investment starting at $80,000 allows a family of three generations to apply for a Commonwealth passport quickly;
2. Full support from the Vanuatu government, easy background checks, ultra-fast approval, generally only takes 6-8 weeks;
3. No immigration monitoring, simple passport renewal;
4. Visa-free and visa-on-arrival electronic visas for over 140 countries and regions, including the United Kingdom, France, Germany, Italy, and other EU countries, as well as Hong Kong, Singapore, Malaysia, and other Asian countries, making travel convenient;
5. Eligible children can enjoy free authentic British education in Vanuatu, and those returning to China as international students may be exempt from written exams to easily enroll in domestic prestigious schools. Academic credits from Commonwealth countries are mutually recognized, allowing transfers to other Commonwealth countries;
6. No foreign exchange controls, tax benefits, no personal income tax, corporate tax, capital gains tax, or inheritance tax, and no global taxation;
7. Beautiful environment, a paradise for vacations.
As a pioneer of the Commonwealth passport program, WorldWay Immigration Group has always maintained a good relationship of trust, interaction, and cooperation with the Vanuatu government.
2019 is the year of identity planning! For the Vanuatu Commonwealth passport program, choose WorldWay Immigration! Consultation hotline: 400-138-2929
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