Vanuatu Development Support Programme (VDSP)
Commonly referred to as the Vanuatu Development Support Program (DSP), the Vanuatu Citizenship by Investment scheme was launched in 2017 by the government.
The programme offers one of the quickest, cheapest and most straightforward routes to second citizenship in the world. Applicants can choose from two investment options, starting at $130,000, and passports can take as little as one month to receive. The whole process can be completed remotely, meaning there is no need to visit Vanuatu at any point.
Once approved, investors gain access to a wide array of benefits. These include favourable tax treatment and greater global mobility with visa-free access to almost 100 countries, including Singapore and Hong Kong.
Minimum Investment
$130,000
Processing Time
1-2 months
Key Residency Benefit
Quick route to a Second Citizenship
About Vanuatu
Population
The population of Vanuatu is approximately 320,000, spread over a land area of 12,189 km². The population density is around 26.25 people per km².
Capital City
Port Vila is the capital of Vanuatu, with a population of around 51,000 people.
Climate
Vanuatu has a tropical climate, with humid weather throughout. The wet season occurs from November to April, while the dry and cooler season occurs from May to October
Currency
The Vanuatu Vatu (VUV) has been the official currency of Vanuatu since 1980, when it replaced the New Hebrides franc following independence.
Languages
In Vanuatu, Bislama is spoken by over 95% of the population. English is spoken by around 62%, and French by approximately 31%.
GDP
Vanuatu has a GDP of $1.15 billion
Vanuatu
Vanuatu is a country made up of a string of 13 main islands and several smaller islands in the South Pacific Ocean.
Vanuatu’s connectivity, well-developed infrastructure and tax system make it an ideal location for businesses to thrive. There is also plenty to see and do on the island.
The country has a rich and varied culture that mixes local traditions with foreign influence. The island nation is awash with breathtaking landscapes, from mountain ranges and tropical rainforests to pristine white sand beaches.
Vanuatu is also home to the world’s only underwater Post Office, allowing divers and snorkellers to send special waterproof postcards.
Benefits of a Second Citizenship in Vanuatu
Visa-free travel
The Vanuatu Development Support Programme grants visa-free access to nearly 100 countries.
Family Visa
Citizenship for the entire family is included.
Quality of Life
You can base yourself in a peaceful, untouched environment close to Australia and New Zealand.
Fast Process
The VDSP offers a streamlined CBI route. You can apply remotely and receive a new passport without travelling to Vanuatu within 2 months.
Favourable Tax System
There is no personal income tax, capital gains, or withholding tax.
Minimum Stay Requirements
There are no minimum physical stay requirements in order to process your Vanuatu citizenship application.
Key Benefit Of Citizenship In Vanuatu
The Vanuatu Citizenship by Investment Programme offers a fast-track solution for obtaining second citizenship. Investors can become citizens and receive their passports in 1-2 months on average, making the programme one of the fastest in the world. As well as being quick, the programme offers a convenient process for applicants.
There are no tests or interviews, and the whole process can be completed remotely. The oath-taking ceremony required to complete the process can also take place in a country of the investors’ choosing.
Successful applicants enjoy a wide array of benefits. These include greater global mobility and access to a favourable tax system.
How to obtain Citizenship in Vanuatu
Non-refundable contribution
Make a non-refundable contribution to the National Development Fund (NDF). The government fund is used to develop Vanuatu’s economy as well as provide other financial support for the country.
There is an additional $15,000 for each family member starting from the fifth. Due diligence fees also apply.
The minimum donation required varies depending on the number of applicants:
$130,000 for a single applicant
$150,000 for a married couple
$165,000 for a married couple and one child
$180,000 for a married couple and two children
Frequently Asked Questions
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To be eligible for the programme and qualify for Vanuatu citizenship, applicants must meet the following criteria:
Be over the age of 18
Be below 65 at the time the application is submitted
Provide proof of funds of no less than $250,000
Have a clean criminal record
Must not be from a black-listed country
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Vanuatu recognises dual nationality. However, individuals must register their status with the Vanuatu Citizenship Commission.
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Vanuatu has no income tax, estate or capital gains tax. There is no tax on worldwide income and no tax to be paid on personal income. The country is also well known for having zero corporate tax.
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Family members can be included in the application. Those eligible include:
Spouse
Dependent children
Dependent children in education
Dependent parents/grandparents of the main applicant
Depending on how many family members are added to the application, there is an additional cost.
Citizenship Programmes
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Antigua & Barbuda
Investment: 230,000 USD
Visa Free Travel
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Dominica
Investment: 200,000 USD
Quick Application Process
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Grenada
Investment: 235,000 USD
Affordable Citizenship Options
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Malta
Investment : 680,000 EUR
Route to a European Passport
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St. Kitts & Nevis
Investment: 250,000 USD
Fast-Track Route to Citizenship
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St. Lucia
Investment: 240,000 USD
Affordable Route to Citizenship
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Turkey
Investment: 400,000 USD
Fast Relocation To The US
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Vanuatu
Investment: 130,000 USD
Quick route to Citizenship
Book a Free Consultation
With the range of programes available it can be difficult to know which is best suited to your needs and what offers the best benefits. Book a Free Consultation today to get our expertise and begin your journey to Freedom.