Since January 2017, the Government of the Republic of Vanuatu has launched the Development Support Program (DSP) for the purpose of raising funds to support infrastructure and promote economic development of the country. The citizenship by investment is a new provision enacted under the Citizenship Act with the powers conferred to the Prime Minister. Candidates may apply for Vanuatu Honorary Citizenship by contributing certain amount of money to the Government. The citizenship by investment acquired under the program is fully recognized by the Government of Vanuatu and the nationality is regarded as Ni-Vanuatu (Vanuatu citizen). Those applying for and receiving citizenship by investment have full rights to reside in Vanuatu at all times and the passport is renewable upon expiry. Moreover, citizenship is inherited by future generations. The applicant need to obtain a no criminal record and must be of high standing in his or her community, organization, society or country. Passports are valid for a period of 5 years and renewable for the same period.
Key Benefits of Vanuatu Citizenship
1、Vanuatu passport gives access to 126 visa-free or visa on arrival countries including the United Kingdom, Schengen Area and Singapore. Vanuatu also has a mutual visa waiver agreement with Russia. You can stay up to 90 days within any 180 periods in a Schengen country and 6 months in a year in the United Kingdom.
2、Vanuatu is a member of the Commonwealth and its citizens are considered Commonwealth citizens granting them additional rights in the United Kingdom and certain Commonwealth countries.
3、Vanuatu has zero corporate tax, it also has no income tax, no capital gains tax, no estate tax, no wealth tax, no withholding tax, no gift tax and no other personal income taxes. Aside from a locally applied 12.5% VAT, there are almost no taxes at all. Vanuatu is a business-friendly country.
4、You can add most of your family to your application (children under 25 years old, parents aged 65 and above).
5、The whole process is completely confidential.