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Welcome to the Republic of Palau’s Foreign Investment Board (FIB) Webpage!

The FIB is responsible for approving and monitoring foreign investment in the Republic of Palau, and enforcing the Foreign Investment Act through administrative penalties. The Board and its office are created and governed by the Foreign Investment Act, codified at Chapter 1 of Title 28 of the Palau National Code, and its implementing regulations.

It is governed by a 7-person Board, whose membership appoints a chairman and vice chairman who preside over official meetings and functions. A member is appointed by the President with the consent of the Senate of the Olbiil Era Kelulau (the national congress). Each member serves a term of three (3) years. It is umbrellaed under the Office of the President.

Foreign investment is essential to Palau’s continued economic growth, helping to expand the country’s tax base and provide business and employment opportunities for citizens.

The Foreign Investment Board stands ready to welcome the serious foreign investor, and work with you to realize your next business opportunity in this tropical oasis.

Contact us to see how we can help you with your next investment idea.

Stephanie Nakamura
Foreign Investment Board

Contact Information

FIB office location:
P.O. Box 1733
East-wing of Palau Civic Center Building
Ngerbeched, Koror
Tel: +680- 488- 1135/2073
Fax: +680- 488- 3722

Office Hours:
Monday – Friday at 8:00a.m. to 5:00p.m.
Closes on Weekends and National holidays


Stephanie Nakamura

Vice Chairman
Ephraim Ngirachitei

Barbara Tulop
Noah Secharraimul
Quincy Kuniyoshi
Yvonne Ueda

Legal Counsel
Brian C. Sperber

Executive Director
Leinath K. Nagata

Margie Bechab
Cassa Leah R. Masayuki
Jalaila S. Tkel

Ellison Ellis
Jolanda Warren
Jade K. Misech