Why People Borrow to Get a Vanuatu Passport
Vanuatu’s Citizenship by Investment (CBI) program is one of the fastest and most accessible in the world. With a donation starting at $130,000 to the Vanuatu Development Support Program (DSP), applicants can obtain a second passport within 1–2 months, making it an attractive option for entrepreneurs, frequent travelers, and individuals from countries with limited visa-free access.
However, not everyone has that kind of money readily available. For some, borrowing—whether through a personal loan, home equity, or business financing—becomes a strategy to secure the passport and gain global mobility, tax advantages, or even business leverage.
If you need an explanation on writing your CV, Cover Letter and Email Template or help applying speak to Happy Face
Pros of Borrowing to Secure a Vanuatu Passport
1. Speed and Access Without Upfront Capital
By taking out a loan, you can secure your Vanuatu passport immediately rather than waiting to save over several years. This is useful if you’re seeking urgent mobility, planning international business, or preparing to relocate.
2. Leveraging Future Income
Borrowing lets you use future earnings to fund your citizenship today. Entrepreneurs or freelancers with steady cash flow might find this manageable—especially if they expect increased revenue from opportunities made available by holding a second passport.
3. Business and Tax Benefits
A Vanuatu passport offers access to a tax-friendly jurisdiction with no income tax, wealth tax, or inheritance tax. If used strategically, these financial benefits can offset the loan cost over time, especially for high-net-worth individuals or international consultants.
4. Asset Protection and Freedom of Movement
Having a second passport can protect you from political or economic instability in your home country. For individuals in volatile regions, this benefit may justify the decision to borrow.
5. Quick Processing Time
Unlike many other CBI programs that take months, Vanuatu’s passport can be ready in just 30–60 days. This makes borrowing even more practical for those who need swift solutions for international mobility or investment.
If you need an explanation on writing your CV, Cover Letter and Email Template or help applying speak to Happy Face
Cons of Borrowing to Secure a Vanuatu Passport
1. No Return on Investment (Donation-Based Program)
Vanuatu’s program is donation-based—meaning you don’t get your money back. Borrowing to give away non-refundable funds can be financially risky, especially if you’re unable to repay the loan.
2. Debt Burden and Financial Stress
Repaying a personal loan or business loan comes with interest. If your income doesn’t increase as expected, the debt can become a heavy burden, potentially affecting your credit score or financial stability.
3. Lack of Long-Term Residency Benefits
Although Vanuatu’s passport provides visa-free access to over 90 countries, it doesn’t grant you the right to live or work in Australia, New Zealand, or the EU. Borrowing to acquire limited mobility might not be worth it if you’re seeking actual relocation opportunities.
4. Currency and Transfer Costs
Depending on your country, you may face high currency conversion fees or transfer costs when funding the DSP donation. This could increase your overall loan requirement.
5. Eligibility Risk
If you borrow and then discover you’re ineligible due to background checks or missing documents, you may still owe the loan without receiving a passport. It’s crucial to confirm eligibility with an authorized agent before taking on debt.
6. Opportunity Cost
Using borrowed money for a donation means missing out on other potential investments. That same money might be better used for a business expansion, a real estate asset, or another CBI program with a return component.
