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.
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
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
If the baby is born after the date of naturalisation certificate, they will automatically inherit citizenship
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