Nauru is set to make waves in the Citizenship by Investment market with its newly launched program, officially known as the Nauru Economic and Climate Resilience Citizenship Program. Offering citizenship at an investment cost of just $105,000 for a single applicant (or $172,305 inclusive of all costs), and $110,000 for a family of four (or $193,970 total), Nauru now provides one of the lowest-cost direct citizenship options among established, official CBI programs worldwide. This exciting new program is likely to become a popular alternative for individuals who can no longer afford the Caribbean CBI programs, following the regional price increases earlier this year. Nauru’s new CBI program highlights the South Pacific region’s growing interest in economic citizenship, joining the likes of Vanuatu who also offer an established citizenship by investment program. It also sets the stage for further competition, with the Solomon Islands expected to launch their own program in 2025.
Key Features and Advantages of Nauru’s Citizenship by investment Program
- Highest CIP Standards: The program will be managed by an independent office based in New Zealand, operating separately from the Nauru government and advising agents. This ensures the highest standards of due diligence and eliminates any potential conflict of interest.
- Strict Vetting Process: Only high-caliber investors will be approved, with requirements including being over 18, holding a clean criminal record, and completing a mandatory interview. Interviews can be conducted virtually, allowing for a fully remote application process.
- No Travel Required: Applicants can complete the entire process remotely, offering unmatched convenience and efficiency.
- Sustainability-Focused Investment: Funds raised through the program will be directed toward initiatives that tackle global environmental issues and strengthen the island’s climate resilience. These include improving energy efficiency, increasing access to fresh water, and developing high-ground projects to mitigate the effects of rising sea levels.