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Foreign Investment Act 2018 (Kiribati)

The Act enumerated the business or economic activities which are: 

  1. Reserved for citizens of Kiribati exclusively or the reserved list.
  2. Permitted for foreign investment provided that the same satisfies the conditions prescribed or the restricted list.
  3. Strictly prohibited against foreign investment or the prohibited list. 

The Act requires that a foreign investor may only invest provided that a valid certificate has been issued. It also lays down the rights and obligations of foreign investors.