A foreign investor must legally register with the Kiribati Investment Promotion Division (IPD) within the Ministry of Tourism, Commerce, Industry and Cooperatives (MTCIC).
Required information
- Completed, signed application form.
- Business name reservation
- Business plan
- Bank statements/references for each investor
- Passport ID pages for each investor
- Original Police Clearance Certificate(s) for each investor intending to reside in Kiribati.
- Preliminary environment impact assessment (EIA) report for investment projects that have an impact on the environment (if applicable)
- Application fee: Varies according to the value of the investment (total capital).
- Value of investment up to AUD $25,000 = AU$500
- Value of investment AUD $25,000 - $250,000 = AU$1,000
- Value of investment above $250,000 = AU$1,500
Note: Investment value $250,000 or below: approval/rejection by the Registrar while investment value over $250,000 will be considered by Cabinet. Foreign investors dissatisfied by the Registrar’s decision must write to the Foreign Investment Appeal Panel at the MTCIC.
- Processing time: Not more than 30 working days but can be shortened when all relevant documents are provided at the initial submission.
Contact information