Updated
GL-V-01
Glossary · Vanuatu citizenship
Vatu (VT) - the currency of Vanuatu
Vanuatu's national currency, code VUV, symbol VT. State fees are stated in vatu: a passport is 5,000 VT, DSP new citizen registration 100,000 VT. Programme contributions are in US dollars.
01 / In 30 seconds
The short answer
- What it is
- Vanuatu's national currency
- Code and symbol
- VUV, VT
- Where you see it
- State fees: passport, registration, certificates
- Programme contributions
- In US dollars
02 / In plain words
What Vatu (VT) means
The vatu is Vanuatu's national currency, code VUV, symbol VT. It is issued by the Reserve Bank of Vanuatu.
State fees are stated in vatu: an ordinary passport is 5,000 VT per person, DSP new citizen registration is 100,000 VT, plus certificates and register extracts. Citizenship programme contributions are in US dollars.
The vatu exchange rate changes, so fees in vatu are converted by invoice on the payment date.
A simple example
Passports for a family of four: 4 × 5,000 VT = 20,000 VT under the state tariff.
Where you will meet it
- State fees
- Passport fee
- Duplicate documents
- An estimate
03 / What it covers
What to know
Fees in vatu
- Passport 5,000 VT
- DSP registration 100,000 VT
- Register extracts
Contributions
- In US dollars
- DSP and CIIP
- By schedule
Currency
- Code VUV
- Symbol VT
- Reserve Bank
Rate
- It changes
- By invoice
- On the payment date
04 / How it works
How fees in vatu are calculated
Tariff
Official, in VT.
Rate
On the invoice date.
Invoice
Amount due.
Payment
To the invoice details.
05 / Key facts
Key facts
01Vanuatu's currency
Vatu: code VUV, symbol VT
The national currency, issued by the Reserve Bank of Vanuatu. Government fees for a citizen's documents are set in vatu.
02Programme contributions
DSP and CIIP are in US dollars
The DSP contribution (from $130,000), the CIIP fund payment ($157,000) and the due diligence fee are all priced in dollars, not vatu.
03Passport
5,000 VT per person
The government fee for a standard passport. A family of four pays 20,000 VT.
04DSP citizen registration
100,000 VT
The government fee for registering a new citizen under the DSP contribution programme. Certificates and registry extracts are also paid in vatu.
Common mistakes
Mixing up vatu and dollars and reading "5,000 VT" as $5,000.
They are different currencies. Only the programme contributions and the due diligence fee are in dollars; vatu fees are converted at the current rate.
Calculating vatu fees at an old exchange rate.
The vatu-dollar rate moves. Take the exact amount from the invoice, converted on the payment date.
Paying fees without an invoice.
Pay only against an issued invoice, which shows the amount and bank details as of the payment date.
06 / Expert advice
How to prepare
Fees in vatu are small, but it is convenient to include them in the estimate in advance, converted at the current rate.
What we do for you. We convert fees in vatu and include them in the estimate.
Anna KovalevskayaLead lawyer for EU citizenship and residency, 12 years of practice
07 / Questions
Frequently asked questions
The vatu, code VUV, symbol VT. It is issued by the Reserve Bank of Vanuatu.
US dollars. The DSP contribution, the CIIP fund payment and the due diligence fee are all in dollars.
5,000 VT per person under the government fee for a standard passport. For a family of four that is 20,000 VT.
Government fees: registration of a new citizen under the DSP is 100,000 VT, plus certificates and registry extracts.
The rate on the payment date. It changes, so the invoice is calculated on the day you pay, not in advance.
The vatu-dollar rate moves. Fees are converted on the payment date, so the dollar amount can differ slightly from the estimate.
Vanuatu citizenship glossary
- Vanuatu programme →
- DSP
- CIIP
- Vanuatu passport
- Vanuatu passport renewal
- Replacing a lost Vanuatu passport
- Schengen and Vanuatu
- Greek residence permit for Vanuatu citizens
- Vanuatu company
- Asset Statement
- Witness field (Vanuatu forms)
- Remarks block (CIIP form)
- Medical certificate (Vanuatu)
- Bank letter (Vanuatu)
- Professional reference (Vanuatu)
- Vanuatu police clearance
- Nomination Form (CIIP form)
- Principal candidate
- Spouse (Vanuatu form)
- Dependent child (Vanuatu form)
- Dependent resident
- Form B (Vanuatu passport form)
- Birth Registration Questionnaire (9610)
- Vanuatu FIU due diligence
- FIU letter
- BRIDGES pre-check
- Vanuatu due diligence fee
- 3-month deadline for payment and oath
- Vanuatu citizenship certificate
- Vanuatu birth registration certificate
- Vanuatu National ID
- Vanuatu fund share
- Fund option without share return
- Additional family member (Vanuatu)
- Dependant aged 18-25 (Vanuatu)
- Parents and older dependants (Vanuatu)
- Vanuatu citizenship by birth
- Port Vila
- Bislama
- Vanuatu Citizenship Act (Cap. 112)
- Vanuatu Citizenship Commission
- Vanuatu authorised agent
- Official DSP contribution schedule
- All terms →
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