Presentation of Vanuatu Citizenship and Greece Residence Permit by Investment
At the exhibition, Yulia Veremeva met with potential clients and discussed the conditions for obtaining a Vanuatu passport by investment and its status benefits.
To obtain Vanuatu citizenship, investors have a choice between:
- Making a non-refundable contribution to the National Development Fund of $130,000. If family members are included in the application, the contribution amount increases.
- Investing $157,000 in the CNO Future Fund. After five years, part of the investment can be returned.
A Vanuatu passport can be obtained within two months. With Vanuatu citizenship, investors travel without visas to more than 100 countries, open accounts in foreign banks, relocate businesses, and participate in other citizenship or residence permit programs by investment without restrictions.
With a Vanuatu passport, Russian investors can apply for a “golden visa” to Greece, which is otherwise not available to Russians. The minimum investment amount for real estate purchases is €250,000 until August 31st, 2024, after which it will increase to €800,000.
To obtain status under the same conditions, investors must:
- Conclude a preliminary purchase and sale agreement and pay 10% of the cost of the property by August 31st, 2024.
- Complete the transaction by December 31st, 2024.
- Apply for a residence permit.
The amount of investment in real estate is relatively low compared to other EU countries. For example, it is half the amount required for a golden visa in Spain. After five years, you can obtain permanent residence and sell the properties.
Detailed information about obtaining a Vanuatu passport and a residence permit in Greece can be found at a personal meeting with experts from Passportivity.