The world is increasingly an uncertain place. Nigeria is producing new millionaires at a rate of over 16% per year, and this new elite class of citizens have a lot to gain from second citizenship. In Lagos and Abuja, in particular, the concentration of new millionaires is expected to spike in the next 5 yeasr. Nigeria’s political and economic situation has long been unstable.
Gaining second citizenship by investment serves as a hedge against socio-economic and political stability, governmental overreach and potential opportunistic taxation. In fact, gaining second citizenship can hold a range of benefit in terms of tax optimisation for Nigerian businesses.
Apart from the risk mitigation benefits, second citizenship also enables investors to leverage offshore business opportunities more effectively. It can enable investors to pursue global career opportunities, and even serves as a family “Plan B” should the situation in Nigeria unexpectedly deteriorate rapidly.
What are the best citizenship by investment programmes in the world?GoldenVisasNigeriaAdmin2020-04-19T12:14:50+00:00
Identifying the best citizenship by investment programme for you will largely be influenced by your unique needs and circumstances: Are you looking for increased global mobility, a Plan B for your family, a more tax efficient jurisdiction for your business, or to give your children a better future?
How quickly do you need to obtain a second passport, and what are you willing to spend? Answering these questions will help you narrow down the programmes that may potentially work for you. Check out our Citizenship By Investment Guide to discover the best CIP Programmes available in 2020, or contact us now for more information.
What are the typical investment options for investment citizenship?GoldenVisasNigeriaAdmin2020-04-19T12:00:35+00:00
Typical eligible asset classes include real estate (commercial or residential), government bonds, certain fund investments, bank deposits and economic fund donations. If approved, the investor gains second citizenship status and a passport from the host jurisdiction.
Citizenship By Investment (CIP) pricing can vary greatly, with entry level Caribbean programmes starting from as little as $100,000 (donation) for a single applicant, whereas the Cyprus Citizenship Programme requiring a property investment of at least €2.5 million.
The Turkish Citizenship By Investment Programme, recently launched, offers foreign investors the ability to gain a Turkish passport by making a property investment of only $250,000. At this attractive price point, the Turkey programme became one of the top investment citizenship schemes in the world within 18 months of launch.
Another relatively new programme, the Montenegro Citizenship By Investment Programme, offers investment citizenship subject to the acquisition of a property worth €350,000 or more.
Citizenship By Investment Programmes offer foreign investors the ability to obtain second citizenship, in a country other than their own, by means of making either an investment or a donation.
Investors’ motivations for obtaining a so-called “golden passport” can vary greatly, however the decision is typically informed by the need for visa-free travel, tax optimisation or hedging against social, economic or political risks in their country of origin are frequently cited as reasons by applicants.
BENEFITS OF INVESTMENT CITIZENSHIP
Obtaining second citizenship by investment gives wealthy Nigerians access to a range of powerful benefits. Whether you are looking to increase your international mobility with visa-free travel to over 150 countries, or seeking to establish a Plan B for your family abroad… Whether you are seeking to optimise your worldwide taxation or protect your assets against potential government overreach or opportunistic taxation, second citizenship can help you protect your interests and gain a wealth of freedoms in the process.
Discover more of the benefits associated with golden passports below:
Radically upgrade your quality of life
Travel to over 150 countries, including the USA, Hong Kong, the UK, Dubai and Russia visa-free
Gain access to superior healthcare and educational facilities
Give your children and their descendants the gift of dual citizenship
Gain the ultimate Plan B and peace of mind
Optimise your tax worldwide commitments
Diversify your investment portfolio
Grow your business footprint internationally and access new commercial opportunities with ease
Gain the right to work in your second home country and gain access to career opportunities that don’t exist in Nigeria.
WHICH CITIZENSHIP PROGRAMS CAN NIGERIANS APPLY FOR?
LEADING PROVIDER: Only deal with the most knowledgeable experts per country programme.
LOCAL REPRESENTATION: We already do regular business in Lagos, Abuja and further afield in Nigeria. Benefit from our team of associates’ boots-on-the-ground experience, combined with a deep understanding of affluent Nigerians’ situation and requirements.
PROVEN PROCESS: Successful citizenship outcomes or your money back – guaranteed.
FAST APPROVALS: Investment passport processing in as little as 60 days, and in some instances, you won’t even need to leave Nigeria to complete your second citizenship application.
UNRIVALLED AFFORDABILITY: With second citizenship priced from only $100,000 per single applicant, our programmes offer Nigerian nationals unrivalled affordability. Before you commit to investing for second citizenship anywhere, speak to us first.