For High Net Worth Individuals (HNWIs) seeking global mobility, the concept of a second citizenship is probably something you have been interested in for a while. Nauru, a small island nation located in the Pacific Ocean, recently launched the Nauru citizenship by investment programme.
This initiative, known as the Nauru Economic and Climate Resilience Citizenship Program, offers a path to citizenship in exchange for a financial contribution. But the driving force behind Nauru citizenship by investment extends beyond economics, going to environmental reality and combatting a climate change.
Why to Choose Nauru Climate Resilience Citizenship Program?
Nauru is a small island nation located in the Pacific Ocean, recently launched a programme – the Nauru citizenship by investment programme.
This initiative, known as the Nauru Economic and Climate Resilience Citizenship Program, offers a path to citizenship in exchange for a financial contribution into the Treasury Fund. The accumulated money should be redirected to support environmental and socio-economic projects inside and outside Nauru.
Nauru as a second passport offers various benefits, including the following:
Travel Visa-free access to 100+ countries
The Nauru passport grants travel flexibility to various countries worldwide, including: the United Kingdom, Ireland, Singapore, South Korea, Hong Kong (SAR China) and the UAE.
The island’s public authority keeps working towards enhancing diplomatic relations with other countries to ensure that Nauru passport provides as many visa-free travel destinations as possible.
Unique opportunity to save the island's nation
Nauru, with a population of about 13,000, faces a tough situation. It’s location in the Central Pacific makes it very exposed to the effects of rising sea levels. The fertile coastal areas, where most residents live, are disappearing.
The driving force behind Nauru citizenship by investment extends beyond economics goals. The program is aimed to secure the island’s landscape for future generations.
Funds received from investors will be re-directed to the national resilience fund in order to achieve the said goals.
This may sound odd, but your cash could have a positive effect in this instance. You may consider your purchase as helping make the local place stronger for everyone to deal with problems in the future, specifically dealing with biodiversity loss.
Cost-effective solution
The price range offered by the Nauru passport program positions it as a financially accessible option in the world of citizenship by investment.
For a single applicant the total cost comes in at $ 140,500. The main applicant with three dependents can get a citizenship for $157,000, including all application fees, due diligence fees and additional fees.
Straightforward application process
Nauru’s local legislation establishes fast track application process to apply for the second passport. The Program office has 90 days to evaluate all the documents provided. Once the application is approved, an investor has 30 days to make a contribution and pay the passport fees.
You can apply for the second passport without any visit requirements or minimum stay on the island.
Dual Citizenship
Nauru does not require investors to renounce their current nationality(s) in order to apply for the passport. It means that you can invest into the second passport to explore the world on your own terms.
Investment options for Nauru Citizenship by Investment Program
Brief overview
The acquisition of economic citizenship of Nauru is regulated by the Nauru Economic and Climate Resilience Citizenship Act as of 2024 (‘the Act’).
Unlike other available citizenship by investment programs, Nauru offers only one investment option, which is a significant contribution. The said contribution is expected to support the crucial infrastructure that makes up the countries climate defenses. The hope is this will contribute a big chunk of the country’s revenue. The program does not offer any real estate investment so far.
If the application is successful, an investor and all their dependent family members become citizens of Nauru. The citizenship obtained through economic and climate resilience program grants the same rights as a citizenship obtained by birth or in the course of naturalization.
Once granted, the citizenship could be cancelled if either of the following circumstances is being unveiled:
– a citizenship was obtained through the bribery, fraud and/or misrepresentation;
– false or misleading information were given in the course of application process; or
– after becoming a citizen a person:
(1) has engaged in terrorism or anti-money laundering;
(2) has committed a sexual offence involving a child;
(3) has become a citizen of North Korea, Myanmar or Iran; or
(4) has been included into the sanction list by the United Nations Security Council.
Significant Contribution
The Nauru program offers you a unique opportunity to combat a climate crisis via contribution to the local economy of the island.
Single Applicant
USD 140,500 (minimum investment – USD 105,000; Application Fee – USD 25,000; Due Diligence Fee – USD 10,000; Passport Fee – USD 500)
Married Couple
USD 156,000 (minimum investment – USD 110,000; Application Fee – USD 27,500; Due Diligence Fee – USD 17,500; Passport Fee – USD 1,000)
Married Couple with two kids under 18 y.o.
USD 157,000 (minimum investment – USD 110,000; Application Fee – USD 27,500; Due Diligence Fee – USD 17,500; Passport Fee – USD 2,000)
Married Couple with two kids and applicant’s parents
USD 180,500 (minimum investment – USD 115,000; Application Fee – USD 30,000; Due Diligence Fee – USD 32,500; Passport Fee – USD 3,000)
* The total cost in bold does not include professional legal fees, courier and bank charges, as well as adding additional dependents.
Eligibility for Nauru Citizenship Program
Before filing application for the citizenship of Nauru, make sure you meet the following eligibility criterias:
– be at least 18 years of age, in good health and of sound mind;
– has a clean criminal record (the imprisonment of less then 12 months is acceptable);
– not being a citizen of Iran, North Korea or Myanmar; and
– be able to provide proof of funds in order to make a contribution.
Nauru allows you to secure citizenship for your family members, including:
– spouse (only monogamous marriage is acceptable). Partnership without official registration of a marriage is also acceptable.
– children (both biological or adopted), provided they meet either of the following requirements:
(1) child of a main applicant or their spouse under 18 y.o.;
(2) child of a main applicant or their spouse of any age, if physically or mentally challenged; and/or
(3) child of a main applicant or their spouse under 30 y.o., unmarried and financially supported by the main applicant.
– siblings of any age of the main applicant or their spouse, provided they are not married and have never been married before.
– other dependents, including parents and grandparents of the main applicant or their spouse, provided they are above 55 y.o. and fully supported by the main applicant.
Required documents for Nauru Citizenship Investment Program
The principal applicant and all dependents (if any), should provide the requested documents to start the application process, including:
– passport and national ID cards (if any);
– criminal clearance certificate (from each country where an individuals has been residing for the period of more than 6 months in the past 10 years);
– medical certificate (to prove that an individual does not suffer from any contaminating or contagious diseases);
– birth certificate;
– marriage certificate; and
– other documents which might be requested by the representatives of the Program Office.
The obtained documents will be used to conduct a personal background check for each applicant.
The due diligence review and assessment of submitted documents will be performed by the international due diligence and consulting firms in conjunction with the Program Office. The passport of Nauru will be issued only to those who meet the criteria of clean personal background check.
Timeline and Application Process to get Nauru Economic Citizenship
Preparation of Documents
Inter Citizenship will help you to collect all the requested documents, as well as to certify them appropriately. Inter Citizenship will guide you through the whole application process and will communicate with the Nauru Program Office on your behalf.
Submission of documents to the Program Office
Prior to submitting the documents to the Program Office, the applicant is required to pay application and due diligence fees upfront. Once it is done, all the requested documents along with proof of payment of the fees could be submitted.
One of benefits Nauru citizenship program is that all the documents could be submitted 100 % remotely. The Program Office has 90 days since the recipe of the application to make the decision.
As a part of application process, the main applicant and all this dependents above 16 y.o. could be invited for an interview with the Program’s representatives. The interview will be performed online in the applicant’s native language.
Decision on the Application
Upon review of the application, the Program Office can adopt either of the following decision:
– approval;
– refusal; or
– delay for cause.
If the application is approved, the Program Office will issue a letter of approval in principal within 5 days since the approval. In the next 30 days following the issuance of such a letter, the principal applicant has to make a sustainable development contribution in the amount prescribed in the table above.
Certificate of Citizenship
Once all the payments are settled, the applicant will be invited to take an oath. An oath could be taken in front of a notary public in any country, where the applicant is currently residing.
After that the certificate of citizenship will be issued. The certificate of citizenship should be further submitted to the passport office to issue the Nauru travel document.
Conclusion
Obtaining citizenship by investment in Nauru can be a lucrative opportunity for individuals seeking a second passport and a secure future. With its rapid application process and lenient eligibility criteria, Nauru’s citizenship by investment program is an attractive option for those looking to diversify their citizenship portfolio.
By investing in Nauru’s economy, individuals can not only gain a second citizenship but also contribute to the development of this small Pacific island nation. With a Nauru passport, individuals can enjoy visa-free travel to over 100 countries, including the UK, UAE, Singapore, South Korea and many others.
