9 Jan 2017

New regulations for sale of Vanuatu citizenship

11:11 am on 9 January 2017
no caption

Photo: 123 RF

New regulations for the sale of Vanuatu citizenship have come into effect this month.

Introduced by Prime Minister Charlot Salwai, the Development Support Programme is hoped to increase revenue to support development projects in the country.

Applications for citizenship will cost US$130,000 for a family of four, with an additional $5,000 for every other dependent child or $10,000 for non-dependents.

There is also a $2,000 administration fee.

The Daily Post reports that a previous programme set up by the government in the wake of Cyclone Pam in 2015 saw more than 40 honorary citizenships sold, which raised about $US5.5 million.