The program provides foreign investors and corporate executives with permanent residence through business investment of K2 million, property holdings of K10 million, or CEO positions in companies with more than 250 employees and K10 million annual turnover.
Applicants are granted permanent residence upon approval and must maintain their investments and business operations throughout the residency period to qualify for citizenship after eight years of continuous residence.
To qualify for the Papua New Guinea Investor Residence, applicants must meet the following criteria:
Executive Position
Business Investment
Property Investment
After completing 8 years of continuous residency in Papua New Guinea, an investor may apply for citizenship by naturalization. Applicants must maintain continuous presence with no single absence exceeding 180 days during this period.
The citizenship application process requires ministerial approval and is subject to discretionary review. All investments and business operations must be maintained throughout the residency period.
Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.
Applications for this program may be directed to: Papua New Guinea Immigration and Citizenship Authority
Legislation upon which this program is based: Section 6B of the Citizenship Act (Chapter 12) in conjunction with Section 67(4)(b) of the Constitution of the Independent State of Papua New Guinea
As noted in the program qualifications above, an investor can qualify for this program with a local property purchase above the minimum investment threshold. View eligible properties curated by IMI and our real estate partners:
Leading the race to become the world’s newest independent state, Bougainville sorely needs capital. Could a CIP be the answer?
See more statistics on this program and others in the IMI Data Center.