The Citizenship by Investment Programs (CIP) in the Caribbean and Vanuatu are quite different with prices and fees.  They also work different.

The biggest difference between the Caribbean CIP’s and the Vanuatu DSP/VCP schemes is the contribution fees. Unlike other Caribbean programs, Vanuatu citizenship program has Lawyer/Agent fees already included in the contribution. For Caribbean CIPs agent fee is extra

Vanuatu DSP: US$ 130,000 for one person ($80K goes to Govt and $50K goes to Lawyer and agent) plus $5000 due diligence fee. This is the minimum price set by Vanuatu citizenship commission. It cant be cheaper than this, it goes against govt rules. Application forms can be downloaded for free. New rules simplify Oaths now can also be taken through video conferencing

Caribbean CIP: Take for example Saint Lucia: $100K donation, plus $7500 due diligence fee plus Lawyer/Agent fee( $10K to $15K) one person

We tell client to understand the fee structure property. Don’t pay extra to agents!

The other important difference is speed in processing applications. Vanuatu is the fastest in the world with citizenship approvals possible in 1 month, if all documents in order. All caribbean programs take 3-4 months.

Here are some of the important differences between Vanuatu CBI and Caribbean CIP

VanuatuCaribbean CIP
Geo LocationPacificCaribbean
Govt ContributionUSD 130,000USD 100,000
Lawyer / Agent feIncluded in the contribution (US$50,000 fixed by Govt)Additional ($10,000 to $15,000 depending on dependents)
Real Estate Investmentnot available$200,00 onwards
Due diligence fee$5000 per person$7,500 (main, half for children)
Processing times1 month3-4 months
Application processEasyMedium
Visa free to Schengen / UK yesyes
USA and Canadavisa requiredvisa required
Passport time30-50 days90-120 days
Passport validity10 years5-10 years
E-2 visa optionnot possiblePossible with Grenada
Commonwealthyesyes
Right to vote not possiblepossible
Passport power (visa free)129 countries140+ countries
Who cannot apply?dependsdepends
Personal visitnot requirednot required
Oathyesyes

We hope this tip will help you deeper understanding with the pricing structure of the programs. We believe these small tips will save lot of money for families during these tough times of Covid pandemic.