The Vanuatu CBI program off to a flying start in 2019, with VT 1.1 billion ($9.5m) revenues collected from the citizenship by investment program (VCP/VDSP) for Jan 2019, according to the  DoFT report.

The number of passports issued each month more than doubled from September to October last year. Based on official revenue figures and current passport prices, the Daily Post estimates that over 1,800 passports were issued to people via Vanuatu’s various citizenship by investment programmes in 2018.

The government of Vanuatu has well over VT 6 billion ($59m) in cash reserves. Its operating surplus in 2018 was in excess of VT 8 billion ($69m), reported Dailypost.vu.

Vanuatu currently requires $160,000 one time contribution for citizenship under the DSP/VCP program.

New CBI Citizens

On average, five new citizens were added every day last year. In the six months between July and January, that number rises to seven.

CBI Passports

October 2018 saw the great level of activity, with an average of nine new passports awarded every day, or twelve every working day.

Majority of clients applying for Vanuatu CBI program are from China.

CBI Revenues