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New EU rules and the “gold standard” of Vanuatu CIIP

Evgeniy Sokolov
Evgeniy Sokolov Journalist, editor
19 June 2025
2 min. reading time

The macroeconomic situation is difficult, logistics is malfunctioning, interest rates are rising, and investment citizenship programs (CBI) cannot help but react. Europe is already methodically tightening the rules for “golden passports”.

Suspension of visa-free regime for CBI countries

In June 2025, the EU authorities are considering a mechanism for automatically suspending visa-free travel with third countries if:

  • the increase in the number of entry refusals exceeds 30%;
  • the increase in asylum applications over 30%;
  • citizenship by investment programs without “real ties” to the state.

“Visa-free travel helped investors and the European economy. But if it is being misused, then the EU should use appropriate tools to correct this,” said Polish Foreign Minister R. Sikorski.

The new rules will help to respond more quickly to emerging threats and provide affected countries with more time to fix problems. The innovations also increase the initial period of visa suspension from 9 to 12 months and allow extending this period to 24 months if the problem persists. Experts believe that the decision of the European authorities is directly directed against the investment citizenship programs of Caribbean countries, which undermine the visa policy of the European Union.

Reboot of the CNO Future Fund in Vanuatu

Simultaneously with the decision of the European authorities, the CNO Future Fund was relaunched as part of the updated Vanuatu Investment Citizenship program. The main thing:

  • The minimum contribution is $165,000 for an applicant with a family of up to 4 people;;
  • Mandatory reporting of agents is quarterly and annual reports with data on expenses and employment.

According to Vanuatu CIP, in the first half of 2024, the program brought in $28 million (18% of all revenues) to the budget, and by the end of this year it is projected to be about $60 million, which is slightly less than last year’s $68 million.

According to experts, increasing the investment threshold by 15-20% will “maximize income and at the same time raise standards” of the Vanuatu CIIP program.

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