Vanuatu vs Greece

Vanuatu vs Greece: side-by-side comparison

Greece runs Europe's most popular Golden Visa, granting residency in exchange for a property investment of €250,000–€800,000 depending on the region. It does not grant citizenship — citizenship requires 7 years of residency and a language test. Vanuatu is full citizenship in 45 days with no property commitment.

Direct CBI

Vanuatu

Development Support Program / CIIP

Residency → Citizenship

Greece

Greece Golden Visa

Program & cost

CriterionVanuatuGreece
Program typeDirect CBIResidency by real-estate investment
Minimum investmentUS$130,000 (DSP)€250,000 / €400,000 / €800,000 (region-dependent)
What you receiveLifelong citizenship + passport5-year renewable residence permit
Property requiredNoneYes — must be maintained to keep status

Process & timeline

CriterionVanuatuGreece
Time to residence permitn/a (direct citizenship)~3–6 months
Time to citizenship~45 days✓ Edge7 years residency + naturalisation
Physical presenceNoneNot required to maintain Golden Visa; required for citizenship
Language requirementNoneGreek language test for citizenship

Citizenship & travel

CriterionVanuatuGreece
EU citizenship at end of processNoYes — after 7 years residency✓ Edge
Schengen short-stay rights from day 1SuspendedYes (residency)✓ Edge
Visa-free destinations of final passport~88~190 (EU passport)✓ Edge

Tax & living

CriterionVanuatuGreece
Personal income taxZero personal income, capital gains, inheritance or wealth taxStandard Greek tax; non-dom flat €100k/year regime available
Property taxNoneENFIA annual property tax applies

The bottom line

Which program suits you?

Choose Vanuatu if…

  • You want citizenship, not residency.
  • You don't want to buy or hold European property.
  • You're not prepared to spend ~7 years on a citizenship track.

Choose Greece if…

  • You want a foothold in the EU and Schengen short-stay rights.
  • You want exposure to Greek real estate.
  • EU citizenship is the eventual goal and a 7-year horizon is acceptable.

Frequently asked

Vanuatu vs Greece — questions answered

Does the Greek Golden Visa give citizenship?

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No, not directly. It grants a 5-year renewable residence permit. Greek citizenship is only possible after 7 years of legal residency, a Greek language test, and a naturalisation interview.

Is Vanuatu cheaper than Greece Golden Visa?

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Comparable at entry level if you choose the €250,000 region tier in Greece, but Vanuatu gives a passport for that price — Greece gives only a residence permit. Greece's main tier is now €400,000–€800,000 depending on region.

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