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There have been prior programs (CCP, VERP), however, the current DSP (Development Support Program) was launched on the 01 January 2017.
The Government of Vanuatu is looking at the DSP to both bring quality high net worth applicants to the program – who will hopefully be motivated to invest in Vanuatu, and to raise funds for the further development of the country.
Citizenship can only be applied for and processed through an officially appointed DSP Representative. The Vanuatu Investment Migration Bureau (VIMB) exists to provide a credible, reliable and sustainable global channel for the promotion of the DSP Program and provide a platform for the Officially Appointed Representatives to present from.
Through a VIMB Official Representative or through VIMB directly.
VIMB strongly advises prospective applicants to check the credentials of the party offering the Citizenship Program. VIMB is the primary global distributor for the DSP and backed with a strong local delivery team in Vanuatu.
The application process is in 2 parts.
The first part is the Pre Approval phase in which the applicant completes the application Nomination Form and submits this with some documentation requirements and a USD 5,000 fee. This process usually takes around 10 days. This fee is non refundable.
Once Pre-Approval is provided, the Second Phase starts with all the documents required being submitted together with the full payment. This process, subject to the documentation being in order, takes between 30 to 90 days. Usually, this can be achieved in 30 days with the guidance of the VIMB Representatives assisting the applicant with their preparation of documents.
The DSP application entry cost is USD 150,000 for a single applicant plus the USD5,000 FIU fee.
The Fee is a donation and administration cost. This can be verified on the Government’s Citizenship Commission website.
The passport is provides visa free/on arrival travel to 124 countries including the UK and all Schengen countries in Europe.
Citizenship is open to parents/grandparents plus children. Citizenship is hereditary.
There are no taxes in Vanuatu other than indirect taxes of VAT and import duty.
Around 124 countries currently with further countries under negotiation.
Currently a three-year multiple entry visa is obtainable.