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Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 - Travel (3) - Nairaland

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Citizenship. Which Should I Choose Between Nigeria Vs Cameroon / Nigerian Asylum Seeker ‘Spent 21 Years Sleeping On London Buses’ / Here Are Countries You Can Buy Citizenship From, When Tired Of Nigeria (2) (3) (4)

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Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Raydos(m): 8:02pm On Dec 13, 2020
Damn!! This just opened my eyes to the carribean countries, I've never thought about this, Most of this caribbean countries are very peaceful country with high standard of living, and they are black countries too so you won't really face racism.

Thanks for this article, it's an eye opener for me, I will start working on my visa to Bahamas or barbados very soon!!

9 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Offpoint1: 8:03pm On Dec 13, 2020
grin imagine there was free visa and airlift to any country for a week... Nigeria will be deserted and the entire streets will look like those doomsday or zombie movies with deserted streets.

12 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by lindareep: 8:03pm On Dec 13, 2020
sweetmelanin:



Scariest part is Nigeria will still get worse than it currently is.

Prayer or curse?
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by dealtombng: 8:03pm On Dec 13, 2020
Source ooh! 1billion dollars!
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by abbey621(m): 8:03pm On Dec 13, 2020
Hope una dey read well well, these are not your average masses but those that are already financially capable. PAying 100,000 to 400,000 for visa or citizenship in another country is not for Bolaji living in self contain or Emeka just starting business. No country can save Nigeria, the masses must rise up against the system that aims to keep them enslaved for genrations to come. Stop valuing your life as it is, for now the life that you don't want to let go is a s useless as the p in psychology. Is it not better to behave like someone with nothing to lose and go kamikazee on these gluttons than to continue watching them enslave you and your children including the ones not yet born?

6 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Hisroyalbadmeat(m): 8:04pm On Dec 13, 2020
O ma gosh, angry

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by mmsen: 8:04pm On Dec 13, 2020
Omezif:
But hardle to hear citizens from other country are buying citizenship in nigeria.

Actually they do.

Those Indians and Lebanese are forever buying citizenship in Nigeria, Lebanese even more now that their country has completely collapsed.

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by mathong: 8:04pm On Dec 13, 2020
Its well, but if everyone run away who will build the spoil?

Hope when we correct the nation to become what others emulates in future, they won't come back to claim "I'm from Nigeria"??

It's still out nation take #resposibily!
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by lindareep: 8:04pm On Dec 13, 2020
Offpoint1:
grin imagine there was free visa and airlift to any country for a week... Nigeria will deserted.
Ah Buhari sef no go carry last grin

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by bigfish3k: 8:04pm On Dec 13, 2020
Abagworo:


Our problem stems more from population explosion than what you mentioned. Our source of income has increased little over the years whereas our population has increased astronomically. India is our partner while China controlled theirs for 3 decades with child bearing limit. You can see the difference when you compare China, India and Nigeria.
Restructuring is the answer
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Thablownmindset: 8:04pm On Dec 13, 2020
if this news is true weytin I gain if I no comot this obodo Naija go Obodo oyinbo
even the Rich ones wey fit enjoy Life here even if things tough pass this one dey JP how much more me a Potential Billionaire!!!
we move

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Kaiser20: 8:05pm On Dec 13, 2020
pacespot:
Hmm, everybody is running fast out of this country. Imagine, people will spend their hard time working to make money in this country only to use the same money to run out of this country. That should tell you a lot. Even those who are making money in this country are not happy with the system, everybody is just suffering and smiling.
Who told that the rich is not happy .with the system, the system made dem rich.
If you live in US or Europe can you save 800k to 1m dollars.
They secured other passports to secure their cash because of efcc and for quick escape if wanted.
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by ultimateprof: 8:05pm On Dec 13, 2020
I and my family will japa from this Nigeria soon.

Good bye to 9ja.

3 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by bigfish3k: 8:05pm On Dec 13, 2020
mathong:
Its well, but if everyone run away who will build the spoil?

Hope when we correct the nation to become what others emulates in future, they won't come back to claim "I'm from Nigeria"??

It's still out nation take #resposibily!

Quote me anyday
Nigeria can never be good without the truth and restructuring.
Let's continue to deceive ourselves. Aburi accord would have been great but you all wasted innocent lives to discard it.
You people should apologize to the igbos, say the truth and be free.

If not, 600 years of suffering loading

6 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by mathong: 8:06pm On Dec 13, 2020
bigfish3k:

Quote me any day
that?
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Elsueno: 8:06pm On Dec 13, 2020
I think I can raise that amount, no I definitely HAVE TO


Am serious beginning to doubt wether this country will get back on track, D insecurity is just too much

4 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by EdiskyHarry: 8:08pm On Dec 13, 2020
Nigeria is going 600 years backward every 5 seconds.

3 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by sweetmelanin(f): 8:08pm On Dec 13, 2020
Abagworo:


Our problem stems more from population explosion than what you mentioned. Our source of income has increased little over the years whereas our population has increased astronomically. India is our partner while China controlled theirs for 3 decades with child bearing limit. You can see the difference when you compare China, India and Nigeria.

Yes, Nigeria definitely has a population problem but that's not to absolve our greedy leaders from all responsibility.

Unlike China and India, Nigeria is an oil producing nation!.. theres absolutely no reason why that country should be in the state it currently is - if not for myopic, wicked and selfish leaders.

11 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Elsueno: 8:09pm On Dec 13, 2020
Plut01:
.


London-based Henley & Partners


The day I learnt Henley & partners open another of their office in Lagos (one of the few in Africa) was the day I believed investment Visas are very much applied for by Nigerians.


.


Where is the office located
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by CSTRR: 8:11pm On Dec 13, 2020
Failed state syndrome.

The day we investigate the amount of dollars Nigerians in Nigeria are investing in US stocks, we will be shock.

Everybody is divesting from NIgeria.
Even Me i am already buying American stocks.

Nigeria is so far gone.

And when Some people try to protest, fellow Nigerians will tell them not to rock the boat.

And then I start wondering if we are all in the same Nigeria.

13 Likes 1 Share

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Bullman(m): 8:11pm On Dec 13, 2020
bestman09:
Nigerians spend over $1 billion buying foreign citizenship, golden visas – report
By Agencies -December 13, 2020

Some Nigerians have spent over $1billion this year, 2020, buying themselves citizenship of other countries or golden visas as they plan ahead for safe haven should Nigeria collapse as a nation.

The $1billion is a conservative estimate, given the number of applications processed by the citizenship advisory firms.

According to a report published by Al Jazeera, more Nigerians paid for citizenship or golden visas in 2020 more than any other year.

At London-based Henley & Partners, one of the world’s largest citizenship advisory firms, applications by Nigerians increased by 185% during the eight months to September 2020; making them the second-largest nationality to apply for such schemes after Indians.

More than 1,000 Nigerians have enquired about the citizenship of another country through Henley & Partners this year alone, which Paddy Blewer, Head of Marketing, said “is unheard of.”

“We’ve never had this many people contacting us”, Blewer said.

Arton Capital, a citizenship advisory group, said “demand from Nigerian families for Antigua and Barbuda citizenship is up 15% in 2020 compared with the last.”

St Lucia has also seen a record number of Nigerians applying in 2020. “It’s more than it’s ever been over the past four years,” says Nestor Alfred, CEO of the St Lucia Citizenship-by-Investment Unit.

The rush to escape from Nigeria reached the apogee in July, with the coronavirus epidemic raging.

Another propelling factor has been the recent #EndSARS protest, according to the report.

A Nigerian interviewed in the report, cited the escalation of COVID-19 cases as a reason wealthy Nigerians started looking more seriously at citizenship abroad.

“Those with medical conditions that could not fly out – a lot of them are buying passports just because if there is any problem they can fly out,” said Olusegun Paul Andrew, 56, a Nigerian entrepreneur and investor who spends much of the year in the Netherlands.



“Flying out” of Nigeria is hard and not just because of the coronavirus pandemic. Just 26 countries allow Nigerian passport holders visa-free entry, many of them part of West Africa’s ECOWAS arrangement. Both the United Kingdom and Europe’s Schengen zone require Nigerians to obtain visas ahead of travelling.

For the wealthy, this is too much hassle. “They don’t want to be queueing for visas for any EU country or whatever”, says Andrew. Instead, why not purchase the citizenship of a country with visa-free access to Europe?

According to the report, the destinations of Nigerians seeking citizenship or golden visas are Malta and many Caribbean nations.

In Malta, all they need to do for citizenship is to have an investment of between $100,000 to $800,000 in the country.

In St Kitts and Nevis, a passport can cost as much as $400,000.

The passport opens doors to Europe and America, where they do not to get visas anymore.

Bimpe, a wealthy Nigerian who was interviewed for the report said she has three passports. One Nigerian, which she says she never uses, and two from Caribbean nations: St Kitts and Nevis; and Grenada.

The St. Kitts and Nevis passport, which cost her $400,000 via a real estate investment programme, was useful when she travelled between London and New York on business as it allows for visa-free travel to the UK and Europe.

But now that she has retired in Abuja, Bimpe, whose husband has passed away, wants her three adult sons to have the same opportunities to travel and live abroad.

“My kids were interested in visa-free travel. They are young graduates, wanting to explore the world. So that was the reason for my investment”, she explains.

Her investment to gain a Grenada passport for herself and her sons took the form of a $300,000 stake in the Six Senses La Sagesse hotel on the Caribbean island, which she bought in 2015.


https://www.today.ng/news/nigeria/nigerians-spend-1-billion-buying-foreign-citizenship-golden-visas-report-332750

Nigeria we hail thee

2 Likes 1 Share

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by MyGeneration(m): 8:13pm On Dec 13, 2020
Most our leaders don't have faith in Nigeria.

They just want to steal as much as they can and leave
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Kokaine(m): 8:13pm On Dec 13, 2020
No hope in sight for naija oh. We don cast beyond remedy shaaa
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by One4me: 8:14pm On Dec 13, 2020
Fahdiga1:
Buhari has turned the whole of Nigeria to IDP that everyone is trying hard to escape from it

Exactly!
Even his Sai Baba chanters are all over the place shouting l have to leave this Nigerian by all means possible, bu ttheir BMC chnage cannot buy them any foreign Passport, hence they sleep at the Embassy while chanting Sai Baba.

My prayer is that no one ever make this kind of mistake some of us made in 2015, ever again.
We jumped from fry pan, rub ourselves with petrol and into a gas fire. angry undecided
May the wrath of God never depart from the household of those who made Nigerians 'IDPs' in small-small countries like St Kitts and Grenada.

6 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Kokaine(m): 8:14pm On Dec 13, 2020
CSTRR:
Failed state syndrome.

The day we investigate the amount of dollars Nigerians in Nigeria are investing in US stocks, we will be shock.

Everybody is divesting from NIgeria.
Even Me i am already buying American stocks.

Nigeria is so far gone.

And when Some people try to protest, fellow Nigerians will tell them not to rock the boat.

And then I start wondering if we are all in the same Nigeria.
this is scary
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Nobody: 8:15pm On Dec 13, 2020
.......as usual from the Useless one
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by paix(m): 8:15pm On Dec 13, 2020
Nigeria is now a house of exile.
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Laggafin: 8:15pm On Dec 13, 2020
They should continue buying cuz I'm about to sell my father's land to buy mine..otito

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Nobody: 8:17pm On Dec 13, 2020
But why na? Shebi Bihari has made Nigeria heaven on Earth naa?



Sai babaaaaa!

3 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Splitmind: 8:17pm On Dec 13, 2020
ednut1:
Even me wey no get money i wrote ielts 7 times. Because i knew i had to japa. Make my unborn no con dey curse me. God bless Canada grin

The people forming patriotic online will be the first to run away after destroying the country. undecided

4 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Offpoint1: 8:18pm On Dec 13, 2020
lindareep:
Ah Buhari sef no go carry last grin
I tell you my sister, you go see citizens dey drag plane seat with Presidentgrin
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by enemyofprogress: 8:19pm On Dec 13, 2020
Buhari you see your life? Mynd44 boughted that of Pakistan

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