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Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 - Travel (6) - Nairaland

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Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by SmartPolician: 8:57pm On Dec 13, 2020
jajeri3216:


There's money in Nigeria but no brains to tap into it.


If you moved all Nigerians to Europe and Europeans into Nigeria, it won't be long before yall start migrating back. grin , after turning Europe into a hell hole cheesy


Now the west knows this and excessive migration from sub Saharan Africa is of no benefit to them.

Can't you see the problem?


Great insight

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by byinks(f): 8:59pm On Dec 13, 2020
boyjo:

Abeg which one?
Is it against NWO or against Politicians?
Na only those two I fit think of.


Hmmm.... Let me pack my bags first. I'm coming...
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by fuelsaver: 9:01pm 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

Who's is happy to stay in this shithole of a country? Only thieving politicians and mega pastors whose economy has been bettered by the mega population of "One Nigeria"

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Nobody: 9:02pm On Dec 13, 2020
It's the same retārds trying to get away from the mess they made of their own country
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by sayisayi(m): 9:02pm On Dec 13, 2020
UK, Nigerian and plotting for Portuguese....EU tins....if you know...
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by CSTRR: 9:04pm On Dec 13, 2020
The National assembly invited buhari to come and explain why farmers were murdered in their farm.

He declined without consequences.

The hopeless and highly corrupt attorney general defended him.
After all, he earns his Billions at the pleasure of the president.

Poor Nigerians that can't even afford air travel also supported him.

7 Likes 1 Share

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Rebuke: 9:05pm On Dec 13, 2020
CSTRR:

Maybe Katsina, kano, kaduna, Borno, Zamfara, Jigawa, will provide a $500 billion GDP for him.

They have the highest percentage of buhari fanatics.



cheesy : cheesy
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Yus2020: 9:08pm On Dec 13, 2020
Congratulations to Apc and Gen Buhari for destroying Nigeria finally.
Apc finished Nigeria

3 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Franking: 9:09pm On Dec 13, 2020
Thanks to Bihari.
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Yeyeboi05(m): 9:09pm On Dec 13, 2020
Lol
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
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by CSTRR: 9:11pm On Dec 13, 2020
If you have millions in your account and you have not converted It to dollars one way or the other, i pity you.

7 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by hansomb: 9:15pm On Dec 13, 2020
IMASTEX:
People initially fled the country for economic reasons but now security has been added to the list. If not for strict immigration policy by other countries, 90% of Nigerians would have been long gone.
Who go com remain ?
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by sweetmelanin(f): 9:15pm On Dec 13, 2020
golddust6000:
the way you talk shows that you haven’t been to any country before, poverty have showed you so much pain. Do you know that there are more poverty tricking Europe than the wealthy ones?
The Western Europe you guys are rushing to, do you know they make everything thing must for their citizen to pay?
Do you pay for tv in Nigeria?
Do you pay for fire fighter service in Nigeria?
Do you pay for road usage in Nigeria?
Do you pay for health insurance?
Do you pay for car usage in Nigeria?
Taxes I Europe start from 29pervent to 67percent of your income, can you stand that?

Do you know most European country if you are jobless you pay taxes for your joblessness?
These are the reason why European don’t smile.

They are a lot of depressed people in Europe than anywhere else.
If you so hate your race why not die so we can have peace.
Do anyone tells you not to be successful?
Find something doing and don’t complain.


Don't be silly!

You talk as if if citizens pay all these taxes, our useless government will actually make things work and not embezzle funds. Stop it!

10 Likes

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by boyjo: 9:18pm On Dec 13, 2020
byinks:



Hmmm.... Let me pack my bags first. I'm coming...

Okay, abeg, no forget o.
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by CSTRR: 9:20pm On Dec 13, 2020
I learnt that after gbaja invited buhari to come and explain, APC governors Like el rufai spoke to him harshly in the APC meeting for trying to ridicule buhari.

Buhari was in that meeting.

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Akano5(m): 9:30pm On Dec 13, 2020
Am really tired of this damned country

Omo.... Am 17 years old Am just planning to travel to North Africa.....Morocco Or Tunisia
This niggarr really need to stay away from Europe..!!!
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by kunkelhanspeter(m): 9:30pm On Dec 13, 2020
OMG
We still have 3 more years to go
Only God knows what will happen
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by bomsilaga(m): 9:31pm 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
Have you aced it now?
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by obama30: 9:32pm On Dec 13, 2020
humilitypays:
Afghanistan is better than Nigeria by several miles. They even have a better military.



Nigeria is not better than any country. But as for money, there is wealth in all countries, even in war torn Syria, Yemen, Somali, etc....there is money everywhere, so let people not be deceived by the fact that some Nigerians are making money in Nigeria, that doesn't make Nigeria better than any country.


A country that celebrates glaring tribalism against some sections of the country!

A country that have no military that can defend its citizens against external and internal agression!

A country that cannot manufacture her own weapon!

A country that President refuses to address the nation even in critical times yet some deranged citizens support such stupidity all because of tribal-religious politics!

A country that have no sustainable plan for infrastructural development!

A country where government officials loot, steal and embezzle public funds without any immediate repercussion, instead they go about with Police escorts answering VIPs!!


Nigeria is the hell fire Holy books talked about centuries ago!


Nigeria will soon replace Sodom and Gomora

not small hell

2 Likes 1 Share

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by ElValiente(m): 9:32pm On Dec 13, 2020
See casting from this agency grin cheesy
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by nedekid: 9:33pm On Dec 13, 2020
sammyj:
With the way people are migrating out of the country, I don't think we will have up to 5% of the people living in the country in the next two years under this slowspoke government. Just imagine the way and manner the country is loosing human resource control to other countries. Qualified People that are meant to develop Nigeria are moving out to develop other countries at the expense of poor leadership and nepotism. shocked shocked shocked
Does the man ontop care?
Cows(NNAMA) are more interesting.
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by ednut1(m): 9:38pm On Dec 13, 2020
bomsilaga:

Have you aced it now?
check my profile picture na angry
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by goshen26: 9:40pm 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

Baba how va

I fit mail u?
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by chaloskyx: 9:41pm On Dec 13, 2020
CONGRATS TO THEM THEY ARE THE ONES USING THEIR HEAD AND HAVE SEEN THERE IS NO HOPE IN NIGERIA FOR THOSE WHO DONT HAVE THE MONEY TO GET A GOLDEN VISA CONTINUE COLLECTING YOUR N1,000 AND MATERIAL FROM POLITICIANS COME 2023 EHEN NO GIVE YOURSELF BRAIN TO STAND WITH THE YOUTHS AND KICK THESE CROOKS OUT.
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Ganjafama(m): 9:42pm On Dec 13, 2020
I want hear Righteousness89's view of this issue on ground.
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Didi2d(m): 9:42pm On Dec 13, 2020
I know of someone that earns over 700k monthly here in naija but still resigned and migrated to Canada. That's a Strong message

9 Likes 1 Share

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by fuelsaver: 9:44pm 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

Hahahaha kwan3
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by Nobody: 9:44pm On Dec 13, 2020
Let them keep runing away, eventually we that were born abroad but still have Nigeria passport will relocate to Nigeria and take her over, we will get rid of boko haram, bad government, corrupt police and politicians by execution And we will turn Nigeria to El dorado.
Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by vRendoh(m): 9:45pm On Dec 13, 2020
lexy2014:


Buying citizenship isn't cheap. Also, nigerians aren't lazy. Pls, what is buharis job? If he isn't blamed for d state of nigeria, who is to blame?

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!

1 Like

Re: Nigerians Spent Over $1b Buying Foreign Citizenship In 2020 by ensamy(m): 9:46pm On Dec 13, 2020
Even Shekau don buy foreign citizenship from the ransom APC government paid for Chibok girls. shocked shocked shocked shocked shocked cool shocked shocked

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