On 15th March 2024, the government of Nauru officially announced the launch of its Economic Citizenship Programme, offering a new pathway for investors seeking a second passport. This programme positions Nauru as the latest country to enter the global investment immigration market, providing high-net-worth individuals with an alternative route to global mobility and financial security. Coates Global ensures clients remain informed of emerging opportunities in the sector.

Key Features of Nauru’s Economic Citizenship Programme

The newly launched programme presents a streamlined approach to obtaining citizenship through financial investment. Key aspects include:

• Minimum Contribution: Applicants must make a non-refundable contribution of USD 100,000 to the government’s Economic Development Fund.
• No Residency Requirement: Unlike many other citizenship-by-investment schemes, Nauru’s programme does not require applicants to reside in the country.
• Fast-Track Processing: Successful applicants can expect citizenship approval within three to six months.
• Family Inclusion: Investors may include their spouse and dependent children in the application.

Benefits of Nauruan Citizenship

The introduction of this new programme offers several advantages for investors seeking second citizenship:

• Visa-Free Travel: Nauruan passport holders gain visa-free or visa-on-arrival access to a growing list of countries, including the United Kingdom, Singapore, and Hong Kong.
• Favourable Tax Regime: Nauru does not impose personal income tax, capital gains tax, or wealth tax, making it an attractive option for global investors.
• Flexible Investment Structure: With no requirement to maintain property or business investments, the programme provides a straightforward, cost-effective solution.

Strategic Considerations for Investors

While the Nauru Economic Citizenship Programme is a new addition to the investment migration landscape, it is crucial for potential applicants to evaluate its long-term benefits and geopolitical considerations. Given Nauru’s small economy and diplomatic position, investors should seek professional advice to ensure this option aligns with their personal and financial objectives.

Expert Guidance from Coates Global

As new investment migration opportunities emerge, Coates Global provides trusted expertise to guide clients through the complexities of second citizenship acquisition. Our team ensures that each application is handled with precision, maximising the benefits of any chosen programme.

Contact Coates Global today for tailored advice on the Nauru Economic Citizenship Programme and other leading investment immigration options.