At the beginning of 2018, the Government of Vanuatu stated that they have started to officially accept bitcoins and other cryptocurrency as payment for its citizenship by investment (CBI) program. At the end of July 2018, Caribbean country Antigua and Barbuda has also announced the acceptance of cryptocurrency by its CBI program.
It will be possible to pay for Antigua and Barbuda passport with cryptocurrency only this autumn, while Vanuatu passport can be purchased with bitcoins right now. According to James Harris, the Managing Director of the Vanuatu Information Centre, his office has already successfully processed several cases of citizenship by investment in Vanuatu with applicants paying in bitcoins.
How to pay for citizenship in bitcoins? At the moment the government doesn’t accept direct payments for CBI in bitcoins. Thus, Migronis Citizenship together with BankEx, block-platform that helps to make assets liquid (transform digital assets into non-digital), have developed a special project under support of a state agency of Vanuatu that allows to:
Important! The investment amount is transferred to the government fund only after the government decided to approve the application for citizenship.
Vanuatu has already carved a niche in the market of investment immigration. Price reduction of the CBI program, introduction of real estate investment option, quickest application process, acceptance of bitcoin payments — all these are advantages that, undoubtedly, attract wealthy investors who want to obtain a second citizenship.
1. DONATION TO GOVERNMENT FUNDThe investment for a single applicant is $178 000 (including the donation, due diligence fees, company service fees)
2. SERVICES INCLUDED IN THE INVESTMENT AMOUNT
In May 2018, the Government of Vanuatu changed the cost of its CBI program making it even more appealing. At the same time, there is a quota for the issuance of citizenship by investment - 300 applications. More than 150 applicants have already obtained Vanuatu citizenship.
Example of all expenses
Step by step procedure
Checklist of documents
Information about the country
The citizenship is issued within less than 6 weeks. Investors must meet the following criteria:
Absence of sanctions, restrictions or prohibitions to entry the EU, USA, UK and Canada Ability to confirm the legality of the source of income and available capital
A background free of bankruptcies and previous convictions and a favorable credit history are welcomed Good health
Who can obtain the citizenship of Vanuatu with the main applicant?
Children under the age of 18
Dependent children who have reached the age of 18 but are under 25 years old and are studying at university
Persons, regardless of age, who have a mental or physical disability
Dependent parents of the main applicant or his spouse, who have reached the age of 55 and are living with the main applicant
Сhildren who are born after their parents receive citizenship will obtain citizenship for free
Before you apply for citizenship we will perform the background check for free
Want to apply for a free background check?
Citizenship by investments is the official state program of Vanuatu You can fill out the application form and apply for citizenship only through a certified agent who has a permission from the Government. This excludes possible fraud with money and documents of the investor
We provide the preliminary background check, analyze risks and submit a preliminary report According to the citizenship act you should make an investment only application’s approval. We charge our services fee after you receive the passport. You only pay for the results!
Vanuatu has become the first country to start accepting bitcoins in exchange for its passport. With rapid bitcoin growth rate, investing bitcoins in a Vanuatu citizenship could be a wise thing to do. Your second passport could be issued in just 3 weeks. This is the fastest second citizenship acquisition process in the world. In contrast to the terms of Caribbean investment programs, Vanuatu only demands due diligence checks performed for adult applicants. This will reduce second passport purchase costs in case children under 18 years of age are included in the application. Government policies positively affect Vanuatu’s business sphere. Vanuatu’s economy ranks 83rd in the global ease of doing business index, according to the World Bank data. The progress this country has made over the past couple of years is truly interesting. In terms of investor protection and loan issuance, Vanuatu has climbed over 20 positions up in respective ratings.
Get a Detailed Consultation