Development Support Program (DSP)
Why Choose a Vanuatu Second Passport? Benefits and Advantages Explained
A Vanuatu second passport grants you citizenship and residency,
allowing you to enjoy the benefits of both your home country and Vanuatu.
Key benefits include:
A Vanuatu second passport provides flexibility, security, and freedom for travel, business, and investment worldwide.
The Development Support Program (DSP) Cost & Fees
Our costs and fees are transparent and available upon request.
However, it’s important to note that the minimum selling prices are regulated by law.
Under the Citizenship (Development Support Program) Order 33 of 2019, new thresholds for selling prices have been established to ensure compliance with legal standards.
If you’re looking to understand the latest regulations and how they affect your pricing, we provide guidance and support to help you align your selling prices with the legal requirements.
For detailed information on costs, fees, and regulatory compliance, contact us today. Our team is here to help you navigate the Development Support Program requirements with ease and confidence.
SECTION 4 VANUATU CITIZENSHIP ACT
The following selling prices apply in marketing the DSP worldwide ;
Prior to lodgement, a FIU fee of USD 5,000 is payable.
(a) Single application (1 person) – the selling price must not be less than USD130,000
(b) Married Couple application (2 persons) – the selling price must not be less than USD150,000
(c) Married Couple plus a child under 18 years of age (3 persons) – the selling price must not be less than USD165,000
(d) Married Couple plus 2 children under 18 years of age (4 persons) – the selling price must not be less than USD180,000
- As per our pricing, an additional dependent or resident dependent may be included and is subject to a cost price of USD 15,000 per person
- All designated agents are to comply with this threshold and not permitted to sell below the regulated pricing
DSP Process Timeline & Checklist for Citizenship
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Within 3 working days
Expression of Interest
Upon an expression of interest, each applicant shall first provide a clear copy of their original valid passport and a police clearance to the Agent.For a family case, each family member 18 years old and up, must submit a copy of passport and police clearance.
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7 days before Meeting Date
FIU Clearance & Signing of Agreement
All applicants must first obtain FIU clearance from Vanuatu’s Financial Intelligence Unit, which takes up to 96 hours after submitting passport copies and supporting documents.
The clearance fee is USD 5,000, payable upon submission and non-refundable. Once clearance is granted, the applicant and agent sign the Citizenship Application Service Agreement.
After signing, the applicant provides all required forms and documents and pays a 25% non-refundable deposit of the total application cost within five working days. The total cost may vary depending on the number of applicants. -
Last Thursday of the month
Submission & Review by the Citizenship Commission
This step includes preparing and signing all key company formation documents, such as the Letter of Intent for company registration, Resolutions of Directors, Form 45 (Statement of Directors), Nominee Director Statement (if applicable), and Articles of Association.Once all documents and requirements are complete, the Agent lodges the application with the Vanuatu Citizenship Commission, which then reviews the application before issuing the final outcome.
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Next working day
Citizenship Commission Outcome
After all documents are in place, the information is submitted to ACRA for incorporation. ACRA typically processes the submission within 1 to 2 days.
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Upon approval
Singapore Company Registration Complete
After the process is complete, we’ll notify you that your company will be officially registered.
Benefits of Vanuatu Second Passport
Having a Vanuatu second passport brings with it a myriad of benefits.
Frequently Asked Questions
What does your global payroll service include?
Our payroll service focuses on two essential areas: salary disbursement and employee time tracking. We ensure accurate, on-time payments and provide tools to monitor attendance and work hours.
Can you manage payroll for employees in multiple countries?
Yes. Our payroll solution supports cross-border salary disbursement in multiple currencies, ensuring payments reach employees on time, wherever they are.
How do you track employee attendance?
We provide clock-in/out tracking tools to monitor working hours, overtime, and leave records, supporting accurate timekeeping for payroll processing.
How often can payroll be processed?
Our payroll can be processed on a monthly, bi-weekly, or weekly basis, depending on your company’s internal schedule and requirements.
Can you handle multiple payment methods (e.g., bank transfer, e-wallet)?
Global payroll can be processed on a monthly, bi-weekly, or weekly basis, depending on your company’s internal schedule and requirements.
Yobbi can assist you with global payroll and help set up your bank account opening smoothly. For more details, visit here.
Is your payroll system integrated with HR software?
Not at this stage. Our global payroll service is standalone and focuses solely on salary payments and time tracking. However, data from the payroll system can be exported and shared with your HR team.