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Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 - Travel (10) - Nairaland

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Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by golddust6000(m): 4:12pm On Dec 14, 2020
AntiNigerian:
you can't even spell the Igbo word "ọku" properly grin , i doubt if you're an Igbo man grin grin angry.

Aka gbajịkwa gị ebe ahụ
lekwe onu gi rerere. Aturu ewu
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by AntiNigerian: 4:14pm On Dec 14, 2020
golddust6000:
lekwe onu gi rerere. Aturu ewu
ikpụrụ mịchakwa ọnụ gị ebeahụ! Aka nsị gaa gba gị na ọnụ!
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Nobody: 6:15pm On Dec 14, 2020
AntiNigerian:
the zoo is a terrible place! The 3rd worst nation on Earth! Somalia will soon become a paradise compared to that zoo called Nigger-Area! Pls if you have friends who want to come over here and invest, i tell you it's not advisable! This shit hole must go down!
I agree, Now also tell me the mindset of Nigerian leaders looting their country dry of billions of Naira and dumps this monies in British, American and swiss banks. While thesse countries are confiscating this billions of Nairas using the money to develop their countries providing amenties, like free educations, free healthcare, free transportation for their elderly pensioners, While in Nigeria Nigerians are suffering, no electricity, no healthcare, no schools, no nothing and the nigerian elderly pensioners are struggling they don't even get paid their pensions. Because their leaders have stolen their pensions dumps them in european and American banks sad and the europeans are using the money to pay and care for their own pensioners. Only wicked and insane leaders who has no empathy for their citizens would do such. It is immoral, illegal and insane.

The shithole must go down? Well...It is time Nigerians unite and take the fight straight to their crooked leaders doorstep, Nigerians stop fighting each other, fight your leaders.

3 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by lexy2014: 8:58pm On Dec 14, 2020
vRendoh:


Paying huge sum of money to be part of people who sacrificed to build their city is laziness. $1bn was more than what Dubai started with in turning their country around. Come to think of it how many genuine businessmen in Nigeria can afford to pull $400m from their business? You really think we are doing something ? Shut all oil wells today and see how strong and resourceful we are as a people. Na the oil dollar we dey take shakara so o!

U didn't answer d questions I asked:

"Pls, what is buharis job? If he isn't blamed for d state of nigeria, who is to blame?"

Except d meaning of lazy has changed in d dictionary, what has oil Wells got to do with whether Nigerians are lazy or not? What has being lazy got to do with pulling out $400m? U who is talking, can u afford $1000?
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by RuggedSniper: 6:31am On Jan 02, 2021
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
+1

3 Likes 2 Shares

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by DonroxyII: 8:00am On Jan 02, 2021
Adakintroy:
Capital flightght ticket.

Funny thing it's the dummy that say the country is not good that's why they are running that is the worst part of this Nigeria enigma.


.they take both talent and money away.

Imagine if Mandela had said his country was not good and took to flight.

Don't even have the right courage or sense of patriotism to approach things yet they insult the country.

Bloody cowards all of them.
There is difference between cowardice and smartness ..

They are just smart ... the entire planet earth is meant for human conquer ... when one part become horrible , you migrate to another part that is peaceful .... it's just Nature and Natural !! ...This Nigeria can become the toast of all Nation Tomorrow but for now ... If everyone is giving the opportunity , Many people will Japa!!

Animals Migrate, Bird Migrate even Plants Migrate ....


Check your forefathers, they might even be Arabs or Caucasians, you might never be able to explain how you Migrated into Nigeria possibly more or less than 500 years ago grin
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Adakintroy: 8:13am On Jan 02, 2021
DonroxyII:
There is difference between cowardice and smartness ..

They are just smart ... the entire planet earth is meant for human conquer ... when one part become horrible , you migrate to another part that is peaceful .... it's just Nature and Natural !! ...This Nigeria can become the toast of all Nation Tomorrow but for now ... If everyone is giving the opportunity , Many people will Japa!!

Animals Migrate, Bird Migrate even Plants Migrate ....


Check your forefathers, they might even be Arabs or Caucasians, you might never be able to explain how you Migrated into Nigeria possibly more or less than 500 years ago grin

Animals migrate yes. Animals also walk around with their balls dangling. Are you going to pick up that too? Seeing you love their mentorship much.

A coward is a coward. If Nigeria is bad and have stupid leaders, that means there is a gap to explore in their reason. White man comes to Africa see that gap exploited it and makes money and repatraite back home. Black man sees it. Complains and go to meet white man for his dear life.


White man came to Africa when it was a forest. Think about it. Forestttttt! Here we are today. If whites man dictates for the world on every front is because he exudes courage but not falsely like you. You show courage when you safe and sure. Imagine?

Nigeria is not good Drop that reasoning bro and challenge yourself better. Life is not for the weak both mentally and physically.

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by DonroxyII: 8:21am On Jan 02, 2021
.

3 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by DonroxyII: 9:07am On Jan 02, 2021
Adakintroy:


Animals migrate yes. Animals also walk around with their balls dangling. Are you going to pick up that too? Seeing you love their mentorship much.

A coward is a coward. If Nigeria is bad and have stupid leaders, that means there is a gap to explore in their reason. White man comes to Africa see that gap exploited it and makes money and repatraite back home. Black man sees it. Complains and go to meet white man for his dear life.


White man came to Africa when it was a forest. Think about it. Forestttttt! Here we are today. If whites man dictates for the world on every front is because he exudes courage but not falsely like you. You show courage when you safe and sure. Imagine?

Nigeria is not good Drop that reasoning bro and challenge yourself better. Life is not for the weak both mentally and physically.


Ogbeni, Migration is as old as Humanity and for your info ... Other than Intellectualism and Intelligentsia , there is little difference between Human and Animals.... There is absolutely nothing about you that they don't also have other than Higher IQ in Human fuelled from our Nutrition, Environment and Education !!

If white men could come here then, then .... there is nothing stopping us from going there ....

The natural resources that fuelled the development of the 19th , 20th and 21st century Industrial revolution was gotten from Africa ...

Today, the knowledge of Artificial Intelligence and Machine learning and other technology that will fuelled the Technological Revolution of 22nd Century is abroad since we have failed to develop our own sciences and also, the environment is not palatable for concrete growth and development ...

which part of Nigeria is in decorum , which academic institution can you actually carry out any good and concrete scientific breakthrough that can match global standard anywhere in Nigeria ...

Travel abroad and see Nigerians doing beautifully in all facets of endeavour : Medicine, Engineering and other Technologies that they can never achieve here because the Environment is not supportive of such breakthrough !!


There is nothing to drop here, you are the one that should drop your Myopia .... Nigeria is a failed Country simple .... An SSCE holder can't be managing multi Billion Dollars Economy and you shall expect any concrete development ....

Howfar, Light dey your state ... Yeah, your people are still shouting up nepa in 2020 ... When was the last time water run ... Lol, I can bet, the politicians has impoverished your people to the extent that when they see N1,000 and puffpuff on election day, they will just vote away their life for the next 4 years ... Hunger and Poverty is a big tool to suppress the masses .... ... I can bet your people are still celebrating construction of Roads and they will do party if Transformer is provided for their street grin grin

The latest Endsars protest was funded by Yahoo Funds if not where would youth have the resources to protest like that ...... The politicians knows these and they will endeavour to clamp it all down .... but This Internet generation are far better equipped in technology than those in government and their contractors/Consultants....

Nigerians in diaspora even protested and funded Nigerians back home to protest and face their fear .... did you know how much was raised within days ....

Ogbeni, nobody is holding you not to stay here and your unborn generations .... but I think it's stupid to cowardice anybody leaving ....

last last, na your life and na their life ... no part of the world is rosy but it's all about Choice .... You make yours , they make theirs ...!!

Respect!

6 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Adakintroy: 10:53am On Jan 02, 2021
DonroxyII:
Ogbeni, Migration is as old as Humanity and for your info ... Other than Intellectualism and Intelligentsia , there is little difference between Human and Animals.... There is absolutely nothing about you that they don't also have other than Higher IQ in Human fuelled from our Nutrition, Environment and Education !!

If white men could come here then, then .... there is nothing stopping us from going there ....

The natural resources that fuelled the development of the 19th , 20th and 21st century Industrial revolution was gotten from Africa ...

Today, the knowledge of Artificial Intelligence and Machine learning and other technology that will fuelled the Technological Revolution of 22nd Century is abroad since we have failed to develop our own sciences and also, the environment is not palatable for concrete growth and development ...

which part of Nigeria is in decorum , which academic institution can you actually carry out any good and concrete scientific breakthrough that can match global standard anywhere in Nigeria ...

Travel abroad and see Nigerians doing beautifully in all facets of endeavour : Medicine, Engineering and other Technologies that they can never achieve here because the Environment is not supportive of such breakthrough !!


There is nothing to drop here, you are the one that should drop your Myopia .... Nigeria is a failed Country simple .... An SSCE holder can't be managing multi Billion Dollars Economy and you shall expect any concrete development ....

Howfar, Light dey your state ... Yeah, your people are still shouting up nepa in 2020 ... When was the last time water run ... Lol, I can bet, the politicians has impoverished your people to the extent that when they see N1,000 and puffpuff on election day, they will just vote away their life for the next 4 years ... Hunger and Poverty is a big tool to suppress the masses .... ... I can bet your people are still celebrating construction of Roads and they will do party if Transformer is provided for their street grin grin

The latest Endsars protest was funded by Yahoo Funds if not where would youth have the resources to protest like that ...... The politicians knows these and they will endeavour to clamp it all down .... but This Internet generation are far better equipped in technology than those in government and their contractors/Consultants....

Nigerians in diaspora even protested and funded Nigerians back home to protest and face their fear .... did you know how much was raised within days ....

Ogbeni, nobody is holding you not to stay here and your unborn generations .... but I think it's stupid to cowardice anybody leaving ....

last last, na your life and na their life ... no part of the world is rosy but it's all about Choice .... You make yours , they make theirs ...!!

Respect!

Some kind of education are strange to defeat like yours. Wealth changes perspective I understand but is ok. Migration is as old as human right and animals display it to which we also borrow forms of intelligence.

But animals that migrate are mostly prey animals. Not predators. Predators are mostly territorials and would defend territory's to the death. Lions tiger, leopard's name them. What you blacks display s are behavior mostly consistent with migratory prey animals like wildebeest, zeebras or gazelles. Many are lost to crocodile and lions who mantain steady territories all yr round..but they survive due to size of numbers.

Now through those collective achytype of soughts your behavior already shows consistency with prey life. Sorry but am not. Now they are those of you who migrate and are doing well but there are those stock in Spain and life has been a tragic story the only reason they are not coming home is because they can't deal with the shame.

But that's beside the point am trying to make here.

Ants colony take back food to the colony. That's intelligence..having a loyal base and taking back food to develope that base. You made mention of the white man utilising the resource of Africa good. But For his base. Walter Rodney also highlight this on how Europe underdeveloped Africa. But the difference in how the white think v. How you now think is that you both favour migrations but to what ends. White man had not always been this civilized It's the fact they know to take from one end to develope the other.

How many of you travel With the mind to take wealth from the west and bring to Africa to develope. All you do is go there sit and eat like fools permitt my French..then lambast your country.

The white man drain Africa for his own colony.that's patriotism even if I don't like it.
.
Go there and drain their resource and bring home. I will see a man on a mission. Not dumb children just travelling with no clear intent other than pride, hate and other selfish reason.

This is why the white man will remain top for a long time and why the blacks will keep screaming things like white supremacy while the white man struggle to take his knee off their neck.


Talking about light and other things. Am a rugged black man not a pet. If you know anything about predators. You will know they also starve for most of the yr. While they wait for the return of the preys. So am not weak like you.I can live without light Water food or good sanitations and I can still remain like this.mentaining decent argument with you in hope of a better future for my country and land. I respect Nigeria. It's not the best. But it's what I have and like any predatory animal I will defend it to the death.

4 Likes 1 Share

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by babakb: 3:50pm On Jan 02, 2021
Adakintroy:


Some kind of education are strange to defeat like yours. Wealth changes perspective I understand but is ok. Migration is as old as human right and animals display it to which we also borrow forms of intelligence.

But animals that migrate are mostly prey animals. Not predators. Predators are mostly territorials and would defend territory's to the death. Lions tiger, leopard's name them. What you blacks display s are behavior mostly consistent with migratory prey animals like wildebeest, zeebras or gazelles. Many are lost to crocodile and lions who mantain steady territories all yr round..but they survive due to size of numbers.

Now through those collective achytype of soughts your behavior already shows consistency with prey life. Sorry but am not. Now they are those of you who migrate and are doing well but there are those stock in Spain and life has been a tragic story the only reason they are not coming home is because they can't deal with the shame.

But that's beside the point am trying to make here.

Ants colony take back food to the colony. That's intelligence..having a loyal base and taking back food to develope that base. You made mention of the white man utilising the resource of Africa good. But For his base. Walter Rodney also highlight this on how Europe underdeveloped Africa. But the difference in how the white think v. How you now think is that you both favour migrations but to what ends. White man had not always been this civilized It's the fact they know to take from one end to develope the other.

How many of you travel With the mind to take wealth from the west and bring to Africa to develope. All you do is go there sit and eat like fools permitt my French..then lambast your country.

The white man drain Africa for his own colony.that's patriotism even if I don't like it.
.
Go there and drain their resource and bring home. I will see a man on a mission. Not dumb children just travelling with no clear intent other than pride, hate and other selfish reason.

This is why the white man will remain top for a long time and why the blacks will keep screaming things like white supremacy while the white man struggle to take his knee off their neck.


Talking about light and other things. Am a rugged black man not a pet. If you know anything about predators. You will know they also starve for most of the yr. While they wait for the return of the preys. So am not weak like you.I can live without light Water food or good sanitations and I can still remain like this.mentaining decent argument with you in hope of a better future for my country and land. I respect Nigeria. It's not the best. But it's what I have and like any predatory animal I will defend it to the death.




Mr Patriotic Predator, even your leaders and their families go Abroad and enjoy, FG and State governments borrow money from Abroad every day.

I will go there legally and enjoy my own.

cheesy cheesy cheesy

2 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Adakintroy: 3:58pm On Jan 02, 2021
babakb:


Mr Patriotic Predator, even your leaders and their families go Abroad and enjoy, FG and State governments borrow money from Abroad every day.

I will go there legally and enjoy my own.

cheesy cheesy cheesy


Yes I am patriotic. Is it a bad thing? Even the politicians you mock go their for holidays but they dont live there themselves.


Go and enjoy. But no be the country do you. Na your level of intelligence hold you back. Real intelligence strive in any climate.

In this Nigeria there is dangote and several billionaire. Not all are politicains stealing money.many are just plain business men doing simple stuffs.

Many of you have that slave mentality going for you. You just find justification in the fact that Nigeria has bad goverment.

If I have one million naira. As an intelligent person. I will not use that money to board flight. There are several good business to invest it in there by creating employment and helping the goverment myself.
.
But not you guys.your intelligence only kick in as soon as you travelle out. Keep taking intelligence and money to the white man and keep wondering why your own society is backward and his expanding.

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Nobody: 5:10pm On Jan 02, 2021
It’s a sad situation that Africa at large needs to address.

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by babakb: 8:55pm On Jan 02, 2021
Adakintroy:



Yes I am patriotic. Is it a bad thing? Even the politicians you mock go their for holidays but they dont live there themselves.


Go and enjoy. But no be the country do you. Na your level of intelligence hold you back. Real intelligence strive in any climate.

In this Nigeria there is dangote and several billionaire. Not all are politicains stealing money.many are just plain business men doing simple stuffs.

Many of you have that slave mentality going for you. You just find justification in the fact that Nigeria has bad goverment.

If I have one million naira. As an intelligent person. I will not use that money to board flight. There are several good business to invest it in there by creating employment and helping the goverment myself.
.
But not you guys.your intelligence only kick in as soon as you travelle out. Keep taking intelligence and money to the white man and keep wondering why your own society is backward and his expanding.

You are still a young man without experience in life and development economics.

Nigeria business men are the ones killing the country, the only business idea in their heads is importing finished products into Nigeria.

We Nigerians that can easily and comfortably export Nigeria's Agricultural and Mineral resources.

You can only achieve this if you're a permanent resident or a citizen of the developed countries, you will easily build all the connections you need and export you stuff abroad without any hitches.

Google how much Nigerians abroad remitted to Nigeria in 2019 and 2020 and you will be amazed.

Go and check what Mane, Sallah, Ziyech etc are doing in their home countries from their earnings abroad.
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Adakintroy: 9:52pm On Jan 02, 2021
babakb:


You are still a young man without experience in life and development economics.

Nigeria business men are the ones killing the country, the only business idea in their heads is importing finished products into Nigeria.

We Nigerians that can easily and comfortably export Nigeria's Agricultural and Mineral resources.

You can only achieve this if you're a permanent resident or a citizen of the developed countries, you will easily build all the connections you need and export you stuff abroad without any hitches.

Google how much Nigerians abroad remitted to Nigeria in 2019 and 2020 and you will be amazed.

Go and check what Mane, Sallah, Ziyech etc are doing in their home countries from their earnings abroad.


Stop blaming politicains..blame yourselves too with all your many English. You are part of the many exported problem he is speaking. If anything, you speak in same language more as him.
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by ihedioramma: 4:24am On Jan 22, 2021
abimic:
I am sure going to have dual citizenship. This our passport no get value jare internationally. Everything na just format.
Hello talk to me here can't read mail now .
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by AlphaSoul: 3:57am On Mar 04, 2021
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

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