Vanuatu DSP Citizenship Program
- In January 2017, the Government of the Republic of Vanuatu launched their Development Support Program (DSP) for the purpose of raising funds to support infrastructure and promoting economic development of Vanuatu.
- The DSP was enacted by the Vanuatu Government under the Citizenship Act (CAP 112) with the powers conferred on the Prime Minister by Section 20 of the Citizenship Act (112) Order No.215 of 2016.
- Pursuant to the Order, candidates may apply for Vanuatu Honorary Citizenship by contribution from USD130,000 to the Government of Vanuatu.
- The citizenship acquired under the DSP program is fully recognized by the Government of Vanuatu and the nationality is regarded as Ni- Vanuatu.
- Those applying for and receiving Vanuatu Citizenship under the DSP have the full right to reside in Vanuatu at all times and the passport is renewable upon expiry.
- Honorary Citizenship is hereditary.
DSP Government Fee Guideline
- Single Applicant: USD130,000
- Married Couple: USD150,000
- Married + 1 Child: USD165,000
- Married + 2 Children: USD180,000
- Additional Dependent: USD10,000
(*)The Prices are excluded processing fees.
Taxation Benefits
- Aside from a locally applied 15% VAT, there are almost no taxes at all.
- With such a taxation regime in place for international companies and offshore companies incorporated in the jurisdiction, Vanuatu can rightly be considered as a “Tax Haven” – and one of the most attractive in the World from many perspectives.
Processing
Vanuatu Overview
- Vanuatu is a South Pacific Ocean nation made up of 83 islands in an archipelago that stretches 1,300 kilometres. Multiple waves of colonizers, each speaking a distinct language, migrated to the New Hebrides in the millennia preceding European exploration in the 18th century.
- Vanuatu is a beautiful, remote, tax-free tropical paradise. It is known not only for its great location and climate, but It’s also known around the world for Its kind and happy people. It is ranked amongst the “Happiest Countries on the Planet”. In a world gripped by crisis and uncertainty, Vanuatu might be described as an “unspoiled South Pacific gem”.
- Vanuatu is far removed from the world’s trouble-spots; It enjoys connectivity through Australia, New Zealand and Fiji and so is still easily accessible.
- The islands offer scuba diving at coral reefs, underwater caverns and wrecks such as the WWII-era troopship SS President Coolidge. Hiking trails ascend active volcanoes such as Mt. Yasur. Other popular activities include rain forest ecotourism, kayaking and deep-sea fishing, plus relaxing at resorts and spas.