Living Offshore - Establishing Residence in VanuatuResidence permits - General ConditionsVanuatu offers expatriot residents many benefits. For a pictorial summary of the main features of Vanuatu see the Rocket Guide to Vanuatu. 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.
Retirement PermitsIf you plan to retire to your own island 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:
IncorporationIf 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 for expatsResidents of Vanuatu can obtain medical insurance with specialist international insurance companies such as 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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