All you need to know in 2024 about Nauru Citizenship by Investment program
During the COP29 conference held in Baku Azerbaijan, Nauru announced the launch of its Nauru Economic and Climate Resilience Citizenship program. (NECRP) The citizenship program allows foreign nationals to obtain the country’s citizenship through direct contributions to Nauru’s treasury fund.
About the country
Hailing as an island country in Micronesia, Nauru is known for its coral reefs and white sandy beaches. The country is a famous tourist destination for its crystal-clear waters, stunning views, and much more. Nauruan and English are the two most widely spoken languages across the country. The population of Nauru is around 12,000 ensuring a close-knit community. The currency used in Nauru is the Australian dollar. (1 A$ = 2.37 AED)
About the Program
This new initiative will provide individuals and families with the opportunity to receive Nauru’s citizenship within the time frame of three to four months making the process of acquiring second citizenship fast, easy, and seamless.
Ranked as the 56th strongest passport in the world, the citizenship by investment program of Nauru will grant visa-free access to over 89 destinations, including the United Arab Emirates, the United Kingdom, and Hong Kong.
Why should you apply for Nauru’s Citizenship?
- Global flexibility: Nauru’s citizenship opens up a world of opportunities for individuals and families. With visa-free access to over 89 destinations, it provides efficient global mobility. This flexibility allows investors or families to travel without strict requirements. Moreover, having a second passport offers a sense of security and freedom, allowing individuals to diversify their global presence and explore new avenues for growth and investment.
- Access to excellent education and healthcare facilities: Nauru’s citizenship program is a gateway to premium educational and healthcare systems worldwide. Nauruan citizens can access high-quality schools, universities, and healthcare facilities in Nauru. This benefit ensures that children can receive a world-class education, while families gain access to advanced medical care, fostering long-term well-being and security for all members.
- Inclusion of family members: Nauru’s citizenship program allows the inclusion of families. Applicants can include their spouse, dependent children, parents, and siblings under a single application. This ensures that the benefits of citizenship are extended to loved ones. This approach makes the program an effective and attractive option for those who are seeking family safety and security. The program creates a pathway for the entire family to enjoy global access, enhanced quality of life, and peace of mind.
- Fast processing time: One of the standout features of Nauru’s citizenship program is its quick and seamless processing time. Nauru’s citizenship can be obtained within three to four months, making it one of the quickest routes for second citizenship. The streamlined process ensures that applicants can enjoy the benefits of Nauruan citizenship without unnecessary delays or hurdles
- No physical stay requirements: Nauru’s citizenship program offers the added advantage of no physical stay requirements. Applicants are not obligated to live in or visit Nauru at any point during or after the application process. This flexibility is perfect for global entrepreneurs and investors who prefer to maintain their existing lifestyle while still enjoying the benefits of a second citizenship.
- Lifelong assurance: Nauru’s citizenship program offers lifelong assurance, ensuring that citizenship is permanent and lifelong. This feature provides stability and security, promising that you and your family can continue to benefit from the program indefinitely. The lifelong nature of Nauruan citizenship also makes it a secure investment in your future, as it offers long-term protection, opportunities, and access to global resources.
Eligibility Requirements to Obtain Nauru’s Citizenship by Investment
- Applicant must be 18 years of age.
- Applicant must showcase a clean criminal record.
- Applicant must provide proof of the legitimate source of funds.
- Applicant must pay a minimum of USD 105,000 for a single applicant.
Investment Options for Nauru’s Citizenship by Investment
To successfully qualify for Nauru’s citizenship, applicants must make a financial contribution to the National Treasury Fund, along with additional fees, if applicable. The investment options available are as follows:
National Treasury Fund Contribution:
- Single Applicant: USD 130,000
- Family (2-4 members): USD 137,500
- Family (5+ members): USD 145,000
- Additional Sibling: USD 15,000 per sibling
*Additional fees may apply.
Frequently Asked Questions
What is the Nauru Economic and Climate Resilience Citizenship Program (NECRP)?
The NECRP is a citizenship by investment program that allows foreign nationals to obtain Nauruan citizenship by making a financial contribution to the country’s National Treasury Fund.
How long does it take to process the application for Nauru’s citizenship?
The program offers a fast processing time of approximately 3 to 4 months from the submission of all required documents to investments.
What are the key benefits of Nauru citizenship?
Nauruan citizenship provides visa-free access to 89 destinations, access to quality education and healthcare, no physical stay requirements, and lifelong citizenship assurance.
Who can apply for the program?
Applicants must be at least 18 years old, have a clean criminal record, provide proof of legitimate funds, and meet the minimum investment requirements. Family members such as spouses, children, and siblings can also be included in the application.
What is the minimum investment required for Nauru’s citizenship?
The minimum contribution is USD 130,000 for a single applicant. For families, the minimum amount is USD 137,500 for two to four members.
