VanuatuCitizenship By Investment
- Investment starts from USD 130,000
- Processing time 1-2 months
- Visa-free travel 103+ countries
- Remote application process
- No physical residency requirement
Overview
The Vanuatu Citizenship Program (Development Support Program – DSP), incepted by the Government of Vanuatu in 2017, allows foreign investors to obtain the citizenship and passport of Vanuatu in exchange of financial contribution to the country.
Investment Options
- Non-refundable financial contribution to the designated Government Fund
- Investment in an approved real estate
The total amount of the contribution depends on the number of applicants and their age.
Family Inclusion
Applicants have the option to include their spouse, as well as children under 30 years of age. Additionally, parents or grandparents can be included in the CBI application if they are financially dependent on the main applicant.
Eligibility
In order to qualify for Vanuatu citizenship, applicants need to have a clear criminal record and provide proof of funds amounting to at least US$ 250,000. They have also to pass due diligence review conducted by the Financial Intelligence Unit of Vanuatu. However, individuals from Iran, Iraq, Syria, North Korea, or Yemen are ineligible for the program, unless they hold permanent residency outside of these countries and have resided there for a duration exceeding 5 years.
Vanuatu citizenship acquired through the CBI program can be inherited by future generations. Dual nationality is permissible in Vanuatu, and CBI applicants are not obligated to relinquish their current nationality(s).
Benefits
Fastest & Easy Process
Confidentiality Assurance
Favorable Taxation
Post Approval Investment
No Physical Residency Requirement
Visa-free travel
Investment Options
A Non-Refundable Donation
| Single applicant | USD 130,000 |
| Married Couple | USD 150,000 |
| Spouse | USD 35,000 |
| Children only | USD 15,000 |
| Married Couple + 1 Child | USD 165,000 |
| Married + 2 Children | USD 180,000 |
| Additional Dependent | USD 25,000 |
Real Estate Investment
Vanuatu launched the real estate option of its CBI program in August, 2021, requiring:
| Investment in a government-approved Real Estate Development, plus VAT | USD 200,000 |
Applicable Fees
| The Financial Intelligence Unit (FIU) of Vanuatu Due Diligence fee | USD 5,500 (per application) |
| Passport stamp fees | Individual: USD 500
Family of four: USD 800 Applications with more than four persons: USD 1000 |
| Application for passport | USD 250 per passport |
Application Process
Bayat Legal Services’ compliance team will conduct an internal due diligence check, which entails a background security screening of the applicant, Preparation of KYC (Know Your Client) and a qualification assessment.
Preparation of the tailored list of documents. The client signs a retainer agreement with Bayat Group. Gathering documents required for the application.
Applicants need to meet the eligibility criteria, including financial requirements and a clean background. After gathering all of required original documents and sending them to Bayat Group team, our citizenship experts will assess the file and make it ready for submission to the Citizenship’s Office and Commission. At this stage, the FIU performs due diligence checks. The associated cost of these checks, amounting to US$5,500 per adult applicant, is non-refundable and is the responsibility of the applicant to cover. The FIU clearance generally lasts around 3 days.
After the application has been processed and a decision has been reached at the Citizenship Commission, the applicant will receive a letter informing them of the outcome. If the application is approved, applicants will be required to proceed with making the qualified investment, covering the associated fees for the investment option.
Upon completion of the required contribution or investment, applicants will issued the Citizenship Certificate, signed by the Prime Minister of Vanuatu. Parallel to this, all adult applicants have to take Oath of Allegiance either in Vanuatu or in place of convenience online. Subsequently, Bayat Group will proceed to apply for the passport on clients’ behalf. Commission’s meetings are held twice a month, making Vanuatu CBI program one of the fastest and convenient for applicants.