Solutions
Pricing
Log in
Teams
Get started
Log in
Get started
Second passport - Vanuatu
AJ
by
Anna Jovancic
·
0 views
·
Updated Jan 4, 2023
Share
Embed
Re-use content
Create your own
How to obtain a second passport in Vanuatu
#secondpassport
#vanuatu
#taxes
#citizenship
#seconcitizenship
Audio Transcript
Auto-generated
00:01 - 00:02
Hello
00:02 - 00:05
Today I would like to talk about second passports.
00:05 - 00:10
Specifically passports issued by Vanuatu government.
00:11 - 00:17
I am very often asked. Is it is it completely illegal just to have a second passport?
00:17 - 00:20
Isn't that something strange? Dodgy?
00:20 - 00:22
Um well,
00:22 - 00:27
this passport is not It's actually issued by the government Perfectly legally,
00:28 - 00:30
you have every older ones.
00:30 - 00:35
You obtain the passport, you have all the rights like any other Vanuatu citizen.
00:36 - 00:40
Of course, there are certain other items factors we need to consider.
00:40 - 00:41
For example,
00:41 - 00:47
if you are a citizen of a country which does not allow you to hold second passports,
00:47 - 00:53
then you are not technically able to get that passport from Guanajuato.
00:53 - 00:57
There are countries like Singapore, Malaysia,
00:57 - 01:01
even Germany which do not allow their citizens
01:01 - 01:03
to citizens to hold a second passport.
01:03 - 01:08
But there are many other countries which are quite okay with it.
01:08 - 01:15
So let's assume that this problem is not your problem and you can definitely
01:15 - 01:19
obtain a second passport and your current country has no issue with it.
01:19 - 01:24
Then what are the benefits of second passports?
01:24 - 01:25
Well,
01:25 - 01:27
I will just be talking about the Vanuatu
01:27 - 01:30
passport right now because each country has different,
01:30 - 01:33
different benefits and different requirements.
01:33 - 01:38
So it so happens that Vanuatu has no taxation, no income tax.
01:38 - 01:45
It has taxation in terms of, um, like VT and custom duties, but no income tax.
01:45 - 01:51
So it could be quite beneficial if you live in a country which is highly taxed.
01:51 - 01:54
And you would like to stop being a tax
01:54 - 01:58
resident there and actually move perhaps another country,
01:58 - 02:03
obtain different citizenship, become a tax resident in Vanuatu.
02:03 - 02:06
This this is all possible if you obtain the passport
02:07 - 02:13
and therefore, quite legally you can make you can earn millions and pay no tax,
02:14 - 02:17
which could be quite interesting.
02:17 - 02:22
Another reason is that Vanuatu offers visa free
02:22 - 02:26
travel to over 100 countries in the world.
02:26 - 02:29
It is quite interesting.
02:29 - 02:35
And it is quite, um, encouraging in a way, because there are quite a few countries,
02:36 - 02:38
uh,
02:38 - 02:40
the citizens of these countries have to obtain
02:40 - 02:44
a visa to everywhere they go nearly everywhere.
02:44 - 02:49
So one example, which comes to my mind, uh, people from India.
02:49 - 02:56
If you are an Indian passport holder, you need to obtain a visa to many countries.
02:56 - 02:59
Singapore, UK,
02:59 - 03:01
I think Hong Kong as well.
03:01 - 03:05
These countries require Indian passport holders to obtain a visa.
03:05 - 03:07
It is quite time consuming
03:08 - 03:10
and quite bureaucratic,
03:10 - 03:15
and no doubt that costs money as well. So
03:15 - 03:18
if you happen to be travelling travelling a lot and you
03:18 - 03:24
are fed up with this situation of obtaining visas for everywhere,
03:24 - 03:25
it would be
03:26 - 03:30
a good solution to obtain a passport which would get rid of this problem for you.
03:31 - 03:36
And another reason is that Vanuatu citizenship is for life.
03:36 - 03:42
So once you pay the fee, which is one of fee, obtain the passport,
03:42 - 03:50
then you can just renew it or every 10 years without any additional special fees,
03:50 - 03:51
just a normal renewal fees.
03:51 - 03:54
And it is hereditary.
03:55 - 03:59
Your kids are eligible to, uh, to obtain a
04:00 - 04:03
passport, which is quite interesting as well.
04:03 - 04:05
So, as you can see,
04:05 - 04:12
there are quite a few completely innocent reasons to obtain a second passport.
04:12 - 04:15
Uh, in fact, if you are,
04:15 - 04:20
if you want to obtain a second passport just to run away from some problems,
04:21 - 04:22
it's not so simple,
04:22 - 04:28
because the government in Guanajuato requires you to have a clean criminal record.
04:28 - 04:28
In fact,
04:28 - 04:34
this is one of the main requirements you are only eligible for Vanuatu citizenship.
04:35 - 04:43
Uh, if you have no serious criminal convictions, so this is the first requirement.
04:43 - 04:48
The second requirement is that you need to pay a one off government donation.
04:48 - 04:51
The government donation is
04:51 - 04:54
100 and $35,000
04:55 - 04:59
and it's broken into two stages. Um, so
05:00 - 05:01
first out,
05:01 - 05:04
the value of the passport is obtained remotely can be remotely
05:04 - 05:08
so you don't have any special expenses just travelling to Guanajuato.
05:09 - 05:14
Everything can be done via email via telecom via zoom call or a Skype call,
05:15 - 05:20
and the 135,000 is broken up into two stages.
05:20 - 05:24
So the first stage you pay 5000, and that's a preapproval stage.
05:24 - 05:27
This 5000 is not refundable
05:27 - 05:30
because that's the fee,
05:30 - 05:34
which needs to be paid in order to search your name in
05:34 - 05:39
the global database just to cheque if you have no criminal record.
05:39 - 05:44
So on that first stage you pay the 5000. You also provide a few documents,
05:45 - 05:47
uh, just to show who you are
05:49 - 05:52
and that you do not have. And then you do have a clean record.
05:52 - 05:59
And once the preapproval stage is finished and you are given a green light,
05:59 - 06:04
I would say it's like 99% chance that your passport
06:04 - 06:07
will be approved in the stage to I mean,
06:07 - 06:10
it will be issued on the stage to you need to pay
06:10 - 06:14
100 and $30,000 and provide
06:15 - 06:17
the government with certain documents.
06:17 - 06:21
The list of the documents is given to you up front.
06:21 - 06:23
So even before you decide to go to stage one,
06:23 - 06:28
you know exactly what you need to provide and you need at that moment
06:28 - 06:32
you need to decide if you are able and willing to provide these documents.
06:32 - 06:37
And if you are, then on the, uh, on the stage to comes,
06:37 - 06:40
you just provide everything to the government.
06:40 - 06:43
Then they have a commission which gathers twice a month.
06:43 - 06:48
They consider all the applications, and if they are happy with what they see,
06:48 - 06:50
they issue the residents.
06:50 - 06:54
The certificate granting the citizenship,
06:55 - 06:59
the whole the whole process can take as little as two months
07:00 - 07:04
provided, of course that you that you have all the documents ready
07:04 - 07:05
for sending,
07:06 - 07:08
and once the passport is issued,
07:09 - 07:11
it can be sent to you via DHL.
07:11 - 07:14
So again, you don't even have to travel to Vanuatu if you don't want to.
07:14 - 07:18
Although I would say, Why not? It's a beautiful country
07:19 - 07:21
if you think it sounds too easy.
07:22 - 07:26
Um, I would say, Yeah, it is easy. It is really quite easy.
07:27 - 07:28
It is not.
07:28 - 07:29
It's not very bureaucratic,
07:29 - 07:36
it's fast and they actually want you to be to become
07:36 - 07:38
a citizen and pay the money to the government there.
07:38 - 07:42
So to summarise,
07:42 - 07:45
the single application cost 100 and 35,000 broken
07:45 - 07:49
into stages and as mentioned above earlier,
07:49 - 07:55
uh, your spouse, Children, your parents and parents in law can also be included.
07:55 - 07:58
There will be additional fee for each family member.
07:59 - 08:07
Um, but it's not. Not as much as you know. It's not 100 and 35 per by H H member.
08:07 - 08:10
I can give you all the information if you're interested.
08:12 - 08:16
So please contact me and ask me any questions you have.
08:16 - 08:21
I don't want to put all the fees in here are the ones it will be will be here all day.
08:21 - 08:22
Um,
08:23 - 08:29
this holistic is working with Vanuatu government appointed designated agent.
08:30 - 08:30
Um,
08:30 - 08:34
it's very important because Vanuatu does not deal
08:34 - 08:40
directly with potential passport holders or passport applicants.
08:40 - 08:46
They insist they require that this is done through a government
08:46 - 08:50
appointed designated agent Ballistic is working with such an agent.
08:50 - 08:57
We have a certificate issued if anyone would like to see And the fees we charge, uh, as
08:57 - 09:02
specified by the government, which which are the minimum fees, Uh,
09:03 - 09:05
for the for the passport.
09:06 - 09:11
If you would like to have a quick, brief consultation with me about this,
09:11 - 09:16
And if you have any questions, please contact me here on my contact details.
09:16 - 09:19
Uh, I'm available on telegram email.
09:19 - 09:21
Also on WhatsApp.
09:21 - 09:24
If you would like to know anything more,
09:24 - 09:28
please contact me and I will be very happy to speak to you.
09:28 - 09:32
I hope the this very short presentation was helpful
09:33 - 09:37
and I look forward to hearing from you
09:38 - 09:40
and I would like to say good bye for now. Bye.
See full transcript