Citizenship by investment, once the domain of the very few, is increasingly popular with discerning West African high net worth investors. The concept is very simple and enshrined in the relevant country’s No, thanks. I'll come back legislation: in return for a real estate investment or a contribution to the relevant country, an investor is afforded the opportunity to apply for citizenship of a country, and if successful, eligible for many of the benefits that follow, including visa-free travel to many worldwide destinations, access to a tax-efficient jurisdiction, and much more.
From its early beginnings about 40 years ago, it has grown...