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".
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