DEVELOPMENT SUPPORT AND CONTRIBUTION PROGRAM in vanuatu

Vanuatu CITIZENSHIP

The History of Vanuatu citizenship by investment goes back to 1990’s when passport for sale schemes from pacific islands became very popular. Vanuatu ran a citizenship for sale scheme between 1996-1997 selling 300 passport making $3.3 million, equivalent of 1.5% of GDP at that time.

In 2014, Vanuatu already dual citizenship welcoming first dual citizens creating the foundations for launching the citizenship by investment program.

Vanuatu government revived the idea of opening new investment citizenship programs (ICP) to bring revenues after being hit by Cyclone PAM causing $600 million in damages. Shortly in the same year in 2015, a new fast track citizenship scheme under the name Vanuatu Economic Rehabilitation Program (VERP), was launched.

In March 2017, VERP is replaced by two programs Vanuatu Development Support Program (VDSP) and Vanuatu Contribution Program (VCP) in March 2017.

Vanuatu, as of 2020, currently operates two types of citizenship by investment programs.

  • Development Support Program (DSP)
  • Vanuatu Contribution Program (DSP)

Both the programs have the same investment requirements USD 130,000. This money must be donated to the state in exchange for citizenship and passport

WHY VANUATU?

CITIZEN BENEFITS

ELIGIBLE INVESTMENTS

1. DEVELOPMENT SUPPORT PROGRAM (DSP)

Single Applicant – US$130,000

Married Couple – US$165,000

Couple + 1 Child – US$180,000

Couple + 2 Children – US$195,000

2. VANUATU CONTRIBUTION PROGRAM (VCP)

Single Applicant – US$130,000

Married Couple – US$165,000

Couple + 1 Child – US$180,000

Couple + 2 Children – US$195,000

3. ADDITIONAL FEE

Additional Dependents – US$25,000 per person

Due Diligence Fee – US$5,000 per person

4. FAMILY MEMBERS

All family members can be included in the

application (children, parents, additional dependants etc)

5. PROCESSING TIMES

FIU and Due diligence check – 1 month

Passport time – 2 months

FAQS

  • DSP program has no right to vote, while VCP
  • program offers these citizen rights. DSP scheme is
  • more more popular because of this.
    • Pay a 10% initial retainer deposit.
    • Agent will do initial KYC checks and will submit
    • application to Vanuatu Citizenship office.
    • Wait for 1 month to get approval letter.
    • Pay the remaining contribution to Government
    • Take an Oath
    • Collect your passport from Agent or Consulate
    • If the baby is born after the date of naturalisation certificate, they will automatically inherit citizenship

      • Iran, Iraq, Syria, North Korea and Yemen cannot
      • apply for Vanuatu CBI program. The Vanuatu
      • Citizenship commission may accept applications
      • from these restricted countries if the applicant
      • shows that he or she has not resided in the
      • restricted country in the past 5 years; and
      • provides evidence of permanent residency abroad.
        • Currently the real estate option is not available for
        • citizenship through investments. You can buy real
        • estate after becoming a citizen.
        • Request a Quote

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