Why is Vanuatu CIIP better than DSP donation immigrants?

Vanuatu is located in the western South Pacific. It is a small island country with a population of only 320000. However, due to its status as a member of the Commonwealth, tax-free policy, proximity to Australia, and international education, it has become a popular country for immigrants in recent years.

The immigration industry is also a pillar industry of the country, and the government of the country is constantly updating the immigration bill to adapt to the changing needs of immigrants.

In December 2016, the Vanuatu government launched the Economic Development Support Program (Development and Support Program)(DSP) and formally passed legislation. The DSP Act stipulates that global investors are allowed to donate a certain amount of cash (about US $130000) to Vanuatu, which can be granted an honorary citizen passport, I .e. donation immigration.

In February 2023, in order to fulfill its commitment to the EU to "implement better immigration planning to ensure visa-free treatment", the Vanuatu government launched a new investment immigration bill CIIP, that is, investment immigration.

Vanuatu passports obtained through the DSP and the CIIP Act do not differ in appearance, but are substantially different:

1. civil rights distinction: DSP contributions immigrants enjoy only partial civil rights

DSP is a donation to immigrants, the equivalent of spending money to buy a passport. Honorary citizenship of Vanuatu obtained through DSP can only enjoy some civil rights of Vanuatu;

In the way of children's education, it is relatively expensive for honorary citizens to apply for local public schools, international schools and Australian international schools, while it is free for Vanuatu citizens to apply for these schools through CIIP.

2. International Community Recognition Difference: DSP Donation Immigrants Have Risk of Visa Refusal and Repatriation

The applicant donated the money to Vanuatu. After obtaining the passport, there was no formal industry in the area, so there was no identification evidence such as tax number, bank account number, water and electricity account number, etc. In the past, after some applicants got Vanuatu passport through DSP, they were refused visas to the European Union. Vanuatu passport can be exempted from visa to more than 140 countries in the world, including EU countries.

In theory, they should not be refused a visa. However, major European countries generally trace back their identity information such as local tax numbers and bank records through citizen passports. Honorary citizen passports have zero information and generally get the result of "no such person found". Therefore, the result of refusing a visa is taken for granted.

Most applicants who choose Vanuatu as "light immigrants" are not seeking to emigrate. Many people see it as a springboard for other countries. If you want to immigrate to a third country with an honorary citizen passport, you will also consult the real asset information such as the local water and electricity account number in the country as evidence. Therefore, it is also very difficult to immigrate to other countries through donations.

The most important thing is that once the policy changes, honorary citizens are at risk of being repatriated at any time.

3. outlook difference: Donation immigration to St. Kitts has been shut down, the EU is not optimistic.

As mentioned earlier, the EU will refuse to sign Vanuatu's honorary citizen passport. In fact, the EU has been dissatisfied with the DSP bill in Vanuatu for a long time. Its worries are nothing more than two points: first, it is not at ease about the background of the new immigrant's status, because it can buy a passport with money, and it has no assets, no family, no job and no foundation in Vanuatu's local area; Second, it is worried about the money for new immigrants.

Therefore, the EU suspended the visa-free agreement with Vanuatu in May 2022. After Vanuatu's Prime Minister Kalsakau's personal visit to Europe, the EU finally decided to continue to open visa-free access to Vanuatu, provided that Vanuatu did:

1, the implementation of a more stringent back-adjustment policy;

2. Immigrants do not accept money of unknown origin

You know, the reason why the Vanuatu passport has a good gold content is that the "EU visa free" is indispensable. Most investors are optimistic about the benefits of holding a Vanuatu passport and traveling smoothly in the EU, which is why they are flocking to the Vanuatu passport.

The Vanuatu government also deeply understands this. It can be said that in order to fulfill its commitment to the EU, the Vanuatu government cannot and dare not continue to allow the loose donation immigration policy DSP. This is also the introduction of a new investment immigration in Vanuatu in 2023. The fundamental reason for the bill CIIP.

It is not only Vanuatu that is gradually "alienating" the countries that donate immigrants. St. Kitts, which has always been the king of passports, officially shut down the donation immigration project at the end of 2022, retaining only relatively formal investment immigration projects such as funds and real estate.

Even if you lose the absolute price advantage. For the sake of long-term development, the St. Kitts government has chosen to stop the donation immigration policy.

It can be seen that both the immigration countries and the international community are not optimistic about the donation immigrants. The space left for Vanuatu DSP donation immigrants will become narrower and narrower. In the future, asset-light investment immigrants will be the general trend.

The new investment immigration bill CIIP is a project developed by the Vanuatu government. In early 2023, a government delegation led by the chairman of the public service department was also sent to China to do the world's first roadshow, promising to appoint the only agent and put an end to the market chaos of more than 80 agents in DSP.

In March 2023, Vanuatu officially launched the three-agency cross-back tuning model, with stricter reviews and safer processes, but the commitment back tuning cycle remains unchanged. That is to say, the government of the country will invest more human, material and financial resources to ensure the smooth progress of the CIIP investment immigration project.

It can be said that Vanuatu CIIP is currently the most official, safest and fastest investment immigration project. To sum it up in one sentence, Vanuatu CIIP Investment Immigration = Bill supports the lowest cost-effective US $100000 zero tax paradise global access 140 national identity backup asset security education dividend. The advantages are obvious, attracting more and more attention from high net worth individuals.

The specific differences between DSP donation immigrants and CIIP investment immigrants in Vanuatu are shown in the following table: