The Republic of Nauru, the smallest republic in the world, may not be widely known, but it holds a unique history and exceptional advantages. Located in the heart of the Pacific Ocean, this small island nation boasts breathtaking natural beauty and a rich cultural heritage. Whether you are looking for investment opportunities or eager to explore new cultures, Nauru offers a distinctive experience worth discovering.
The Republic of Nauru: A Tiny Nation with Big Potential
Nauru is the third smallest country in the world, following Vatican City and Monaco, covering an area of just 21 square kilometers and home to approximately 10,600 residents.
A Historical Journey: From Colonization to Independence
Nauru has experienced various phases of foreign rule, from German colonization to mandates under British, Australian, and New Zealand administrations. Japan later occupied it during World War II before finally gaining independence in 1968.
Society and Culture: A Unique Matrilineal System
The people of Nauru speak Micronesian and English and maintain a distinct matrilineal society, where lineage and property inheritance are passed down through the maternal line.
Governance: A Small Parliament with No Official Capital
Nauru operates under a parliamentary system with only 19 members. Government activities are centered in Yaren, the country’s de facto capital and administrative hub.
Economy: From Phosphate Wealth to New Ventures
Once among the wealthiest nations due to its vast phosphate reserves, Republic of Nauru faced economic decline as these resources were depleted. In response, the government has sought alternative revenue streams, including the recently introduced Citizenship by Investment program.
Health and Social Challenges
Republic of Nauru struggles with high obesity and diabetes rates due to unhealthy dietary habits. Additionally, the country faces healthcare challenges, including high infant mortality rates.
Nauru’s Role in the International Community
Despite its small size, Nauru is an active member of the global community, being part of the Commonwealth and a signatory to multiple human rights agreements.
A Hidden Gem for Tourism
With its stunning beaches and tropical climate, Republic of Nauru offers a unique destination for adventure and exploration, allowing visitors to immerse themselves in its natural beauty and local culture.
Republic of Nauru is more than just a small island, it is a gateway to promising investment opportunities and a fresh start. If you are interested in acquiring Nauruan citizenship through investment, don’t hesitate to consult with the experts at NTL. We are here to help you explore all the possibilities to achieve your goals.
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April 1st, 2020, A New Start for The Future of Iraqi Investors
After having banned citizens of some countries from applying for its citizenship, who are Iraq, Afghanistan, Yemen, Sudan, Iran and North Korea, The state of Antigua & Barbuda gives Iraq an auspicious exception that would open the door to the second citizenship for Iraqis citizens on the 1st of April 2020, while the rest of the countries bans were conditionally cancelled.
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Türkiye’s Transition to The Electronic System E-Devlet
Türkiye’s transition to the Electronic system:
Day-after-day e-government services in Türkiye contribute to facilitating the daily lives and transactions of citizens and residents by saving time and efforts. These services vary between municipal services, ministries services, issues related to judicial cases, registration procedures for exams and universities, health and social insurance procedures. Besides, patients can obtain appointments at hospitals through the Internet, in addition to the possibility of applying for unemployment aids and applying for a passport.
Turkish Economy Exceeded Expectations
The Turkish economy delivered a performance that exceeded expectations last year and is forecast to post significant growth this year.
According to the Investment Office of the Presidency of the Turkish Republic, Türkiye has jumped up 10 places and ranked 33rd in the World Bank’s Doing Business 2020 report. It ranked 69th in 2017, 60th in 2018, and 43rd in the 2019 editions of this report.