
The Cyprus Tax System: Features, Pros, and Cons
For those planning to open a company or relocate to Cyprus, it is important to understand how the tax system works and what benefits it can provide.
The Vanuatu Citizenship Investment Program, launched in 2017, is a unique offering in the southern Pacific Ocean region. Also known as the Development Support Program (DSP), it provides the opportunity to swiftly obtain citizenship by contributing to a local government fund.
The essence of the program is that, for a non-refundable contribution starting at $130,000, you can become a citizen of Vanuatu. The final contribution amount depends on the number of family members included in the application.
The government of Vanuatu processes applications quickly, providing citizenship decisions within a few months.
Obtaining Vanuatu citizenship is ideal for those seeking mobility and freedom of movement around the world. It's also a solid choice for securing your family's future in case of economic or political instability. The program additionally offers a chance for effective asset diversification and reduced tax burden.
Investment requirements for the Vanuatu Citizenship Program include a non-refundable contribution to the local government fund starting at $130,000. Additionally, applicants must have no criminal record and not be citizens of Iran, Iraq, Syria, North Korea, or Yemen. To participate in the program, citizens of these countries must have resided outside their territory for at least 5 years and have permanent residency in another country.
Opting for Vanuatu citizenship through the investment program is an opportunity to quickly and advantageously acquire a second passport.
Experts from the internationally licensed company One World Migration will assist in promptly and efficiently submitting the application for second citizenship and preparing all necessary documents for verification.
For those planning to open a company or relocate to Cyprus, it is important to understand how the tax system works and what benefits it can provide.
In this article, we'll take a detailed look at what a green card is, the rights and responsibilities it provides, how to obtain one, and the pros and cons of permanent resident status.
BIG UAE Visa News! ICP introduces new visas for AI experts, entertainment, events, and cruise tourism. Updated rules for visiting family, business, and humanitarian cases.