While many countries offer citizenship in exchange for investment, only some can match Vanuatu’s environmental commitment. The country’s well-established Capital Investment Immigration Plan (CIIP) and its flagship Crude Coconut Oil (CNO) Future Fund are drawing attention by combining environmental sustainability with economic development and citizenship opportunities.

The CIIP-CNO Future Fund represents a shift in citizenship by investment (CBI) programs. It provides investors with a pathway to citizenship in a peaceful, tax-friendly nation and the chance to directly support Vanuatu’s ambitious renewable energy goals. Through this program, investing in the country’s thriving coconut oil sector contributes to local economic growth and the global fight against climate change.

Investing in a Greener Future

Vanuatu’s CIIP-CNO Future Fund stands out among CBI programs worldwide for combining citizenship with sustainable investment. Unlike other models, the CIIP supports the growth and development of Vanuatu’s coconut oil industry, a renewable energy source.

This investment-linked model ensures that the program directly contributes to Vanuatu’s economic development while allowing investors to obtain citizenship in one of the world’s consistently ranked happiest countries. “The CIIP-CNO Future Fund signifies a new chapter in citizenship by investment, one that prioritizes sustainability, transparency, and long-term value creation,” says Daniel Agius, the chief operating officer of Vanuatu Investment Marketing Bureau (VIMB) and mastermind behind the program.

Harnessing the Power of Coconut Oil for Renewable Energy

The CNO Future Fund is the foundation of Vanuatu’s CBI program and is vital in the country’s renewable energy strategy. Vanuatu aims to achieve 100% renewable energy in electricity generation by 2030, and the development of the coconut oil sector is key to reaching this goal.

The CNO Future Fund invests in various aspects of the coconut oil industry, from plantation automation and centralized drying infrastructure to modernized milling and refining facilities. These investments support Vanuatu’s transition to clean energy and create significant opportunities for investors seeking to capitalize on the growing demand for sustainable products and services. “Investing in the country’s coconut oil sector not only secures an emerald green passport but also contributes to a greener future for everyone,” notes Agius.

Streamlined and Transparent Application Process

One key advantage of Vanuatu’s CIIP is its streamlined and transparent application process. Managed by Vanuatu Investment Marketing Bureau (VIMB), a government-appointed agent, the program ensures strict compliance with international due diligence standards and regulations.

The application process typically takes between 45 to 60 days, making it one of the fastest CBI programs in the world. This efficiency, combined with the program’s emphasis on transparency and reliability, has established Vanuatu as a trusted destination for investors seeking a second citizenship.

Vanuatu’s Commitment to Global Climate Leadership

Vanuatu’s sustainable CBI program is just one facet of the country’s broader commitment to global climate leadership. Despite its small size and limited resources, Vanuatu has become a vocal advocate for ambitious climate action on the international stage.

The country has developed a comprehensive Low Emissions Development Strategy (LEDS) that outlines how to reduce emissions across all sectors while supporting resilient, sustainable, and equitable growth. By aligning its CBI program with these climate goals,  Vanuatu demonstrates that economic development and environmental stewardship coexist harmoniously.

Benefits of Vanuatu Citizenship

Investors can enjoy various benefits of Vanuatu citizenship with the CIIP-CNO Future Fund. These include visa-free or visa-on-arrival access to over 100 countries, a tax-friendly environment with no personal income, wealth, or inheritance taxes, and the ability to include family members in the application.

Moreover, Vanuatu consistently ranks as one of the world’s happiest countries, offering investors and their families a safe and welcoming environment. The Happy Planet Index 2024 reports that Vanuatu is the happiest country globally. With its stunning natural beauty and vibrant community, the island nation provides an attractive option for those seeking second citizenship in a country that values quality of life and environmental responsibility.

As the world urgently needs to address climate change and promote sustainable growth, Vanuatu’s approach offers a glimpse into the future of CBI programs.“Vanuatu’s CIIP-CNO Future Fund is more than a citizenship program,” Agius emphasizes, “It’s an investment in a better world for all.“