For the fifth year in a row, Vanuatu breaks its own records for the number of investments received through the Citizenship by Investment program. In 2020, this amount was US$132.6 million. This is the largest indicator for the entire time since the program has been running.
- 2016 – US$ 24.4 million
- 2017 – US$ 31.6 million
- 2018 – US$ 87.6 million
- 2019 – US$ 105.4 million
- 2020 – US$ 132.6 million
“The CBI-funds collected in 2020 exceeded those raised during 2019 by 25.8%, an even greater year-on-year expansion than the 20.3% growth observed from 2018 to 2019,” writes imidaily.
This is an excellent indicator because, during the year, various information of concerns emerged.
Looking at the percentage of all government revenues, Vanuatu Citizenship by Investment program generated 42% in 2020. It’s also a new record (the previous record from 2019 resulted in CBI inflows reaching 37% of government revenues)
By comparison, VAT revenues – the largest source of government tax revenue and the second-largest source of revenue overall – accounted for only 18.9% of the total, while excise and import/export duties together accounted for 17% and 9%. the government’s annual revenue came from overseas development partners.
Find out how to get Vanuatu Citizenship by Investment
Source: Imidaily
