The Infinity – Narpow Point Coral Bay is a Government approved project for the Citizenship by Investment in Real Estate Program (“the REO Program”). The Infinity – Narpow Point Coral Bay is located just 25 minutes from the Port Vila International airport on the Island Efate ,Vanuatu nestled on the shores of Teouma Bay.
A Purchaser of an apartment in the Infinity will automatically qualify for Vanuatu Citizenship for their family of four.
Half Share Investment
From a $100,000 investment in the Infinity – Narpow Point Coral Bay, investors with their families qualify to apply to be naturalised as Citizens of Vanuatu under the Citizenship by Investment Real Estate Option Program. Investors can obtain their Citizenship and Passports NOW whilst their property is being built. The $100,000 for a half share of the Investment Property as tenant in common.
Full Share Investment
The full share is $200,000 plus Processing and Govt costs
Title Deed Investment
Investors in the Infinity – Narpow Point Coral Bay obtain a title deed to their property which they can pass on to their children or sell after the qualifying period. Approximately 100m2 property on Title with the apartment approximately 42m2.
Exit Strategy for an Investor
- Investor may sell the Property after 5 years and retain Vanuatu Citizenship for life.
- 7 days Free Accommodation and use of Resort facilities for Investor and One (1) Companion during high season; or 14 days Free Accommodation and use of Resort facilities for Investor and One (1) Companion during low season
Return on Investment - Dividend income generated annually from Resort’s operations;
- Dividends paid from 1st year of Resort’s operations, after 36-month construction period; Estimated 3% of Investment Value
Qualifying Property
A Qualifying Property is a Lot registered under the Community and Strata Titles Act [CAP 266] in a VGAP for the REO Program for a minimum price of USD$200,000.00. The actual price of the Qualifying Property will vary depending on the purchase price set by the developer of each project. Where the Qualifying Property is not currently constructed the part of the purchase price applicable to the villa or apartment to be built will be held in a lawyers trust account of an international law firm appointed by the Master Agent. The funds held in the Trust Account may be drawn upon by the Developer as the relevant stages of construction of the Qualifying Property are completed (as certified by an Engineer/Architect approved by the Master Agent). The Master Agent requires that the Qualifying Property is administered in accordance with the Community and Strata Title Act. All stages of construction will need to be certified in accordance with the Trustee’s requirements before funds are released. This will ensure the building on the Lot comprising the Qualifying Property will be built.
Time Frame
An Applicant can obtain citizenship under the REO Program within 4 weeks or less from the time their complete application is lodged with the Vanuatu Citizenship Commission (“the Commission”).