This is general info about crypto regulation in Nauru. A more precise overview will be published later. However, if you find any inaccuracy or have other feedback - please write us in telegram @ilya_ii or by e-mail - editor@cryptopenetration.com
The Republic of Nauru is located in Oceania in the central part of the Pacific Ocean. It has an area of 21 km2 and a population of 11,000 people based on Wikipedia (1).
Everyone needs a visa to enter Nauru! Yet, the way a visa is obtained depends on a traveler’s nationality and purpose of entry according to VisaGuide (2).
By obtaining a residence permit known as a certificate of residence, you can live and work in Nauru for a long time. To apply for Permanent Residency, a foreigner must have lived in Nauru for more than two years and have a work permit or temporary residence permit. It does not make you a citizen, it only gives you the right to live and work on the island by VisitWorld (3)
To become a citizen, you must fall into one of the following categories: Citizenship by origin, By birth, Citizenship through marriage, Citizenship by naturalization. Persons entitled to naturalization include: Legal spouse of a Nauru citizen; Underage child, legally adopted by at least one of the parents from Nauru, which came into force after the court issued an adoption decision; or Persons who can confirm the ownership of land through the biological origin of a Nauru citizen according to VisitWorld (4).