New category of ni-Vanuatu citizenship introduced by Government – for US$130,000 per application

Vanuatu passport

A new Vanuatu citizenship category has been created by Government called the Development Support Program. DSP replaces the Vanuatu Economic Rehabilitation Program (VERP). Applicants deposit a non-refundable US$130,000 (Vt 14 million) to cover the applicant and family members. Applicants are also required to pay  US$2,000 (Vt 215,000) for a report from the Financial Intelligence Unit. The strong point of the new DSP plan is in having the Citizenship Commission appoint Vila based designated agents who will check on the Financial Intelligence Unit screening of the individual concerned and make recommendations to the Citizenship Commission. This will avoid the sort of situation we have seen where persons of unsuitable character and professional quality continue to hold important positions. VERP ceases at the end of this month. (Daily Post)

Biscochoc’s take over of the Metenesel Estate for the bargain price of Vt 100 a hectare per year is being challenged in the courts. This is where Read the rest of this entry »

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