Blogs • November 25, 2024 • 5 Min

Nauru Citizenship by Investment: The Ultimate Guide

The Nauru Citizenship by Investment Program (NECRCP) is a groundbreaking initiative designed to attract foreign investment while addressing the unique challenges of climate change. Announced at COP29 in Baku, Azerbaijan, this program offers high-net-worth individuals (HNWIs) the chance to acquire second citizenship and contribute to climate resilience projects. This guide provides a detailed overview of the program, highlighting its unique climate focus, investment requirements, application process, and benefits. What Is Nauru Citizenship by Investment? Nauru’s Citizenship by Investment Program is a government-led initiative aimed at addressing economic vulnerabilities and funding climate resilience projects. Through this program, investors contribute to the National Treasury Fund, which finances critical infrastructure and sustainability efforts. Unlike traditional programs focused solely on economic gains, Nauru Citizenship by Investment emphasizes environmental sustainability by supporting renewable energy development, fresh water access projects, and the Higher Ground Initiative to protect communities from rising sea levels. Why Choose Nauru Citizenship by Investment? Climate-Focused Nauru Citizenship by Investment Benefits Nauru is the first nation to tie its citizenship program directly to climate action, making it an attractive choice for environmentally conscious investors. Key benefits include: Global Mobility: Visa-free or visa-on-arrival access to 89 destinations. Fast Processing: Applications completed in 3-4 months. Comprehensive Family Inclusion: Broad eligibility for dependents. Dual Citizenship Flexibility: Retain your original nationality. Climate Impact: Contributions fund critical environmental projects. Investment Requirements for Nauru Citizenship by Investment Financial Contributions for Nauru Citizenship by Investment To qualify, applicants must make a financial contribution to the National Treasury Fund, along with covering additional fees. The breakdown is as follows: National Treasury Fund Contribution: Single Applicant: USD 105,000 Family (2-4 members): USD 110,000 Family (5+ members): USD 115,000 Additional Sibling: USD 15,000 per sibling Additional Fees for Nauru Citizenship by Investment: Application Fees: USD 25,000 (single applicant) USD 27,500 (family of 2-4) USD 30,000 (family of 5+) Due Diligence Fees: USD 10,000 (main applicant) USD 7,500 (per additional adult family member) Passport Fees: USD 500 per passport Key Benefits of Nauru Citizenship by Investment Visa-Free Travel with Nauru Citizenship by Investment Nauru citizenship provides visa-free or visa-on-arrival access to 89 destinations, including major financial hubs like: United Kingdom United Arab Emirates Singapore Hong Kong Ireland This access simplifies international travel for business and leisure. Climate Action through Nauru Citizenship by Investment Investors contribute directly to projects that promote sustainability and resilience, including: Renewable Energy Development: Reducing reliance on imported fuels by developing sustainable energy sources. Fresh Water Access Improvements: Ensuring water security through advanced infrastructure. Higher Ground Initiative: Relocating communities and infrastructure to higher elevations to mitigate rising sea levels. These efforts make Nauru Citizenship by Investment a meaningful choice for environmentally conscious investors. Family Inclusion in Nauru Citizenship by Investment The program allows applicants to include a wide range of dependents: Spouses Children under 30 Dependent parents or grandparents over 55 Unmarried siblings This inclusivity makes it ideal for families seeking global mobility and security. Application Process for Nauru Citizenship by Investment Step-by-Step Nauru Citizenship by Investment Process The Nauru Citizenship by Investment Program offers a streamlined application process that is entirely remote: Engage an expert Work with an experienced Citizenship by Investment firm Engage a Licensed Agent Work with a government-approved agent to start your application. Preliminary Due Diligence The agent conducts background checks to verify your eligibility. Document Submission Submit required documents, including: Valid passport Birth certificate Police clearance certificate Proof of source of funds Online Interview Participate in a remote interview with Nauruan officials. Translators are available if needed. Investment Contribution Once approved, make the required contribution to the National Treasury Fund. Citizenship Approval Receive your citizenship and passport within 3-4 months. Restricted Nationalities for Nauru Citizenship by Investment Countries Restricted from Nauru Citizenship by Investment To ensure compliance with international regulations, applicants from the following countries are restricted: Iran North Korea Syria Sudan Yemen Afghanistan Somalia Eritrea Applicants from these nations may qualify if they meet certain criteria, such as residing outside these countries for at least 10 years and having no political or financial affiliations. Security and Governance in Nauru Citizenship by Investment Ensuring Transparency in Nauru Citizenship by Investment The program upholds strict governance standards, ensuring transparency and integrity: Thorough Due Diligence: All applicants undergo multi-tiered background checks conducted by international agencies. Fraud Prevention: Citizenship can be revoked for fraud, terrorism, or money laundering. Independent Program Office: Managed from New Zealand to avoid conflicts of interest. These measures maintain the program’s credibility and attract high-caliber applicants. Frequently Asked Questions About Nauru Citizenship by Investment How Long Does the Nauru Citizenship by Investment Process Take? Applications are typically processed within 3-4 months, making it one of the fastest programs available. What Climate Projects Does My Nauru Citizenship by Investment Support? Investments fund critical projects like renewable energy development, fresh water infrastructure, and the Higher Ground Initiative to combat rising sea levels. Can Family Members Be Included in Nauru Citizenship by Investment Applications? Yes, spouses, children under 30, dependent parents or grandparents, and siblings can be included in the application. Does Nauru Citizenship by Investment Allow Dual Citizenship? Yes, the program allows unrestricted dual citizenship, enabling applicants to retain their original nationality. Why Choose Nauru Citizenship by Investment? The Nauru Citizenship by Investment Program offers a rare combination of global mobility, family security, and environmental impact. By investing in Nauru, you gain access to new opportunities while contributing to the fight against climate change. Contact Savory & Partners today to learn more about how Nauru Citizenship by Investment can help you secure your future.