Latest / IMI Podcasts / Nauru Slashes CBI Costs and Introduces 30% Discounted Limited Time Offer
Transcript
- 0:00SPEAKER_00: Nauru has announced sweeping changes to its citizenship by investment program on its first anniversary, slashing total cost by up to 30%, and launching a limited time offer referred to as LTO that runs through June 30th, 2026, according to an email from the program office.
- 0:18SPEAKER_00: The Nauru Economic and Climate Resilience Citizenship Program, also known as NECRCP, restructured its pricing model effective immediately.
- 0:29SPEAKER_00: While the contribution amount increased by 10,000 US doll from a tiered system to a flat US$115,000, the program reduced application and due diligence fees considerably, driving overall costs down by double digits.
- 0:45SPEAKER_00: The anniversary LTO cuts an additional$25,000 from the contribution for applications the program office receives before June 30th, bringing the base donation amount to$90,000.
- 0:59SPEAKER_00: Combined with the fee reductions, single applicants save 29% under the promotional pricing, while families of four save 30%.
- 1:09SPEAKER_00: The permanent pricing changes include application fee of$5,000 for principal applicant, down from$25,000, application fee for dependence of$2,000 per person, previously tiered at$27,500 to$30,000 for families, due diligence fee of$6,000 for principal applicant, down from$10,000, due diligence fee for dependence of$3,000 per person, down from$7,500 US dollars, contribution amount of$115,000 base plus$2,000 per additional applicant.
- 1:50SPEAKER_00: Through June 30th, the LTO brings the contribution down to$90,000 for the principal applicant.
- 1:58SPEAKER_00: Single applicant, previous total cost at$141,700.
- 2:05SPEAKER_00: New permanent pricing is$126,000 with 11% reduction.
- 2:10SPEAKER_00: With LTO of$101,000 US dollars with$9% reduction.
- 2:16SPEAKER_00: For family of four, previous total cost is$173,700 US dollars.
- 2:21SPEAKER_00: New permanent pricing is$147,000 with 15% reduction.
- 2:26SPEAKER_00: With LTO is$122,000 with 30% reduction.
- 2:32SPEAKER_00: Noru eliminated several restrictions that previously limited who could apply.
- 2:38SPEAKER_00: Age limits for children and parents no longer exist, and financial dependency requirements for these family members disappeared entirely.
- 2:47SPEAKER_00: The program now accepts married children and siblings, removing barriers that excluded many applicants.
- 2:54SPEAKER_00: CEO Edward Clark framed the changes as a response to global instability.
- 3:00SPEAKER_00: Clark believes that as tensions across the US, Europe, and the Middle East are increasing, and our world is edging closer to wider conflict, the Nauru Citizenship Program offers a compelling solution to today's growing global volatility.
- 3:14SPEAKER_00: He described the program as providing a politically neutral alternative passport, along with visa-free access to key international destinations at a highly accessible investment level.
- 3:27SPEAKER_00: For nationals of countries that are increasingly scrutinized or feel less welcome abroad, a supplementary passport delivers vital flexibility, security, discretion, and enhanced global mobility, he noted.
- 3:41SPEAKER_00: Clark insisted the changes reflect scheduled reviews rather than performance concerns.
- 3:46SPEAKER_00: When officials launched the program a year ago, they committed to regular assessments and have now delivered modifications that give agents a product they are almost compelled to recommend.
- 3:57SPEAKER_00: He said the program is already meeting targets and generating funds to address the nation's economic and climate challenges.
- 4:05SPEAKER_00: The data tell a more modest story.
- 4:08SPEAKER_00: By August 2025, nine months after launching, the program had received only 20 applications, with another 20 sitting in agents pipelines, bringing the total prospective citizens to 40.
- 4:21SPEAKER_00: No recent statistics are publicly available.
- 4:24SPEAKER_00: Santo May and Principis program puts those numbers in context.
- 4:29SPEAKER_00: That African island nation received 98 applications in its first 4.5 months between September 2025 and January 2026.
- 4:39SPEAKER_00: Nauru's value proposition also took a hit when it lost visa-free access to the UK on December 9, 2025.
- 4:46SPEAKER_00: The UK Home Office cited concerns about the citizenship program in its decision, though Nauru disputes this characterization and continues diplomatic efforts to restore the privilege.
- 4:58SPEAKER_00: Clark emphasized that lower fees won't compromise screening.
- 5:02SPEAKER_00: Quote, the financial integrity and compliance obligations remain a fundamental pillar of our program and a safeguard for Nauru's reputation and security.
- 5:11SPEAKER_00: End quote, he stressed.
- 5:13SPEAKER_00: The program maintains its four-tier screening process, which includes mandatory interviews, law enforcement conducts, and background checks through internationally recognized due diligence providers.
- 5:24SPEAKER_00: Electronic filing provisions now exist in Nauru law, and the program office will soon accept electronic signatures rather than requiring wet ink signatures.
- 5:34SPEAKER_00: This episode first appeared as an article by Mustafa Daily on IMIDaily.com.
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