Living in Vanuatu - Residence permits
General Conditions
Standard residence permits are issued for a duration of one year, renewable every year provided conditions of first issue are unchanged. Fee: 20,000 Vatu per year (about US$140).
Work permits are issued by the Labor Department and attached to Residence Permits. Work Permits require an application from both the Employee and the Employer.
A repatriation bond (including airport tax) must be settled by the employer. For individuals seeking an investors permit and work permit, the bond is 5 million Vatu (about US$35,800).
Long term residence permits. Major investors can obtain long term residence permits. So, for example, if you buy real estate in Vanuatu, you will automatically qualify for a residence permit.
Investment (Vatu) |
US$ |
Resident permit |
15 Million |
107,150 |
3 Years |
25 Million |
173,600 |
5 Years |
50 Million |
347,200 |
10 Years |
100 Million |
694,400 |
15 Years |
Retirement Permits
If you plan to retire to your new waterfront property in Vanuatu, and have a monthly retirement revenue transfer to Vanuatu of at least 300,000 Vatu (US$2140) per month, you can obtain a retirement permit which is good for life.
For any type of residence permit you will need to provide the following:
- A Police Clearance from your Country of Origin
- A Birth Certificate
- A list of dependents, including their gender and a copy of their birth certificates.
- A certificate of Incorporation (for investors).
- A divorce certificate if you are divorced.
- Medical Certificate stating your medical condition
- Marriage Certificate if you are married.
- A copy of your Passport
- 2 Passport Photos.
Incorporation
If you wish to invest or do business in Vanuatu you will need to incorporate a company - either a local company or, if you only want to do international business, an International Corporation. To find out more about incorporation of a company in Vanuatu, click here.
Medical Insurance
Foreign residents living in Vanuatu can obtain insurance from international specialists like www.medibroker.com
http://www.medibroker.com - Medibroker International - "Private Medical and Healthcare independent insurance brokerage specialising in cover for Expatriates of any nationality, in any country. Free advice and free quotations".
For more information about Vanuatu, get The Rocket Guide to Vanuatu,
New CD-ROM about Vanuatu
The Rocket Guide to Vanuatu has a wealth of information on Vanuatu accommodations,Vanuatu restaurants, Vanuatu communications, Vanuatu diving, Vanuatu game fishing, Vanuatu sailing, Vanuatu shopping, Vanuatu sporting events, Vanuatu tours, Vanuatu travel tips, Vanuatu visas, Vanuatu travel news, Vanuatu weather, Vanuatu rental cars and Vanuatu out-island adventure. Visit www.rocket-guide-vanuatu.com more links |
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