Nauru Citizenship by Investment: First Applications Received

Nauru has officially started processing applications for its new Citizenship by Investment (CBI) program, marking a significant step toward future economic growth. The initiative aims to raise AU$60 million in its first year, with a target of 500 successful applicants contributing approximately 20% of the nation’s total government revenue.

According to Edward Clark, CEO of Nauru’s Citizenship by Investment Program, the initiative is focused on attracting investors who can support the nation’s development, rather than simply offering passports for sale.

The New Interview Process for Applicants

• All applicants are required to complete a mandatory interview before being recommended for citizenship.

• Clark emphasized that thorough background checks ensure that only high-quality applicants are approved.

• The process is designed to protect Nauru’s reputation and maintain the integrity of its passport.

Focus on Investment with Long-Term Impact

Nauru is seeking investors who are committed to contributing to the country’s future, particularly in infrastructure and economic development.

Clark highlighted that the Citizenship by Investment Unit has refined its processes and training to ensure efficiency and a smooth experience for applicants.

With its carefully structured selection process and emphasis on responsible investment, Nauru’s CBI program is ambitious to become a reliable option for global investors.