Aside from the known challenges of living in Nigeria, the COVID-19 pandemic could be giving wealthy people in Nigeria new reasons to seek dual citizenship. Henley & Partners Group, a dual citizenship company made its entry into Nigeria in June 2019. Since then, more Nigerian billionaires are finding their way out of insecurities into potential safe havens according to the company.
Having operated two offices in Johannesburg and Cape Town, Nigeria and South Africa are its biggest customers with 85% of all passport issued in 2019.
Furthermore, the passports were mostly issued to home-based Nigerians who acquired wealth from home. They have no intentions of leaving their businesses and relocating abroad. Instead, they want medical services that are more reliable, knowing the cracks that exist in the health care system in Nigeria.
Henley and Partners grants citizenship of countries like Cyprus, Malta in the European Union, St. Kitts and Nevis as well as a number of Caribbeans.
Living, studying or working in New Zealand can be gotten at the rate of $2 million. More so, some of its clients settle for residency-by-investment programs offered by U.S., U.K. and Portugal.
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