Vanuatu has superfast passport program in the World

Prabhu Balakrishnan
2 min readApr 14, 2020

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Republic of Vanuatu (DSP/VCP)

The Pacific commonwealth country of Republic of Vanuatu operates one of the fastest citizenship by investment programs in the World.

Today Vanuatu CBI scheme competes equally with world class Caribbean CBI schemes such as Grenada and Saint Kitts. Vanuatu remains cheaper and faster than Grenada or Saint Kitts.

Vanuatu operates two economic citizenship schemes

  1. Vanuatu Development Support Program (DSP) and
  2. Vanuatu Contribution Program (VCP)

Both the schemes have minimum USD 130,000 investment minimum. One difference between the two schemes is RIGHT TO VOTE only possible through VCP scheme.

Investing in real estate for Vanuatu passports is suspended by Government since 2015.

Note: Vanuatu citizenship programs are currently open to investors and fully operational, despite Covid-19.

In March 2017 replacing the previous VERP (Economic rehabilitation program), since then the two programs soared in popularity, even during the Covid-19 outbreak

Why Vanuatu is immensely popular?

  • Super fast processing times (1.5 months)
  • Easy and simple straightforward application process
  • Commonwealth passport
  • No visit to Vanuatu required before or after citizenship.
  • Applications can be filed online
  • Pure tax haven, no corporate taxes or income, wealth or inheritance taxes.
  • Privacy to passport investors (names not disclosed to public)

What makes Vanuatu so much faster?

FIU Applicant Checks: 2 weeks
Approval letter: 3 weeks
Passport time: 1.5 months (from application to passport)
Collection: Passports collected through your agent or at consulate
Oaths: online

These above procedures accelerates application processing so much faster.

How much it costs?

Single Applicant — $130,000
Married Couple — $165,000
Family (3) — $180,000
Family (4) — $195,000
Additional Dependents — $25,000 per person
Due Diligence Fee — $5,000 per person

Note: Agent fee extra. Please contact us for free quote. No obligation or commitment. We value your privacy and we dont solicit on phone.

Statistics

Vanuatu so far has raised over $200 million through the citizenship investment scheme and has made several important changes to the scheme in 2020.

As of 2019, Vanuatu issued citizenship to over 1800 investor applicants, granting over 4000 CBI passports .

Read more FAQs here

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Prabhu Balakrishnan

Entrepreneur and Investor.Founder of Best Citizenships and World Citizenship Council. Interests include Travel, Machine learning, Cryptocurrencies. Coffee Lover