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Vanuatu’s citizenship program exceeded revenue forecasts in 2024 despite EU sanctions and corruption concerns.
Vanuatu’s citizenship-by-investment program generated 24.3% more revenue than forecast in 2024, with around 2,000 foreign nationals granted citizenship, despite losing EU visa-free access and remaining on the EU’s anti-money laundering blacklist.
The program continues to attract applicants from China, Indonesia, Russia, and elsewhere seeking fast citizenship, global mobility, and tax benefits.
However, ongoing issues include restricted foreign currency transfers—limited to Japanese yen due to lost correspondent banking relationships—and a government-commissioned corruption inquiry that remains unpublished, fueling public distrust.
The government has strengthened oversight and compliance measures, including updating laws and bolstering its Financial Intelligence Unit, while agents maintain the program remains one of the fastest routes to citizenship globally.
El programa de ciudadanía de Vanuatu superó las previsiones de ingresos en 2024 a pesar de las sanciones de la UE y las preocupaciones por la corrupción.