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africa , cbi , cip , citizenship-by-investment , club , exception , policy-updates , rwanda

Rwandan Cabinet Approves Law That Would Define Criteria for Investor Naturalization

October 6, 2020

Christian NesheimEditor   The government of Rwanda has approved – and turned over to Parliament for deliberation this month – a draft bill that would allow foreigners to naturalize in the country on the basis of “sustainable investment activities”. According to The East African, which reports to have seen...

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africa , club , data , editors-picks , hnwi , imi-research-unit , intel-data , investment-migration , reports , south-africa , statistics

Nearly 1 in 5 South African HNWIs Cite “Emigration” as Reason For Selling Homes

August 2, 2020

Christian NesheimEditor   The below is an excerpt from the South Africa Investment Migration Report 2020. Following a drastic devaluation of the Rand in 2014/15, the number of HNWIs in South Africa rose steadily until 2018. For 2019, Credit Suisse (CS) put the figure at 46,000 HNWIs, while Knight...

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africa , cbi , cip , citizenship-by-investment , club , egypt , mena , policy , policy-updates

Egyptian Cabinet Approves CIP-Law, Formalizes Requirements

December 11, 2019

Christian NesheimEditor   Egypt is set to open the world’s 13th formal citizenship by investment program, with minimum investments starting at US$250,000. The Egyptian government yesterday approved a draft decision related to Parliament’s Law 190 which will grant foreigners citizenship in Egypt in exchange for investments or donations, report...

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africa , andre-bothma , citizenship-by-investment , club , frontier-markets , nigeria , residence-by-investment , trends

Frontier Dispatches: Nigeria’s Investment Migration Market

December 8, 2019

IMI’s Africa-correspondent Andre Bothma recently interviewed a number of prominent players in Nigeria’s rapidly growing investment migration industry. The picture that emerged from these interviews is one of serious challenges, but also of significant potential rewards for those who can overcome them. Andre BothmaCape Town   Doing business in...

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africa , ahmad-abbas , cbi , cip , citizenship-by-investment , club , kenya

Kenya’s Plans for Citizenship by Investment – Any Takers?

November 25, 2019

Ahmad AbbasJordan   Several reports of a planned Kenyan citizenship by investment program (CIP) have surfaced in recent weeks, raising eyebrows throughout the investment migration industry. A country whose own wealthy make up the second-largest Sub-Saharan applicant constituency among Caribbean CIPs hopes to become a net importer of investor...

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africa , club , golden-visa , namibia , policy-updates , residence-by-investment

Namibia to Launch Retiree Residency Program for Expats in 2020

November 9, 2019

Andre BothmaCape Town   Namibian Ministry of Home Affairs and Immigration to wow wealthy expat retirees and foreign investors with streamlined residency solutions.  Boasting some of the most dramatic natural scenery in the world, Namibia is a popular travel destination among European and American travelers – but settling there...

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africa , cbi , cip , citizenship-by-investment , egypt , mena , policy-update , policy-updates

Egypt Moves Closer to CIP-Launch as Parliament Grants Approval In Principle to New Law

July 12, 2019

Christian NesheimEditor   In September last year, the Egyptian Parliament approved the granting of residence permits – and, after a five-year period, citizenship – to those who deposited 7 million Egyptian pounds (US$422,000) in one of the country’s state-owned banks. Last Sunday, however, Parliament passed amendments to two separate...

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africa , cbi , cip , citizenship-by-investment , golden-visa , industry-trends , intel-data , residence-by-investment , south-africa

As New Expropriation Law Looms, South African Interest in Investment Migration Soars

July 8, 2019

Christian NesheimEditor   For the last year, South Africa’s ANC government, with the support and encouragement of EFF – a Marxist, anti-European party – have openly discussed plans to allow for expropriation of white-owned properties without compensation. The plan, they say, will redress historical injustices. On May 26th, South...

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