Golden Visas open doorways to the world — and Nigerian buyers are seizing the chance. In 2024, demand surged as households sought mobility, safety and long-term funding alternatives overseas. This text explains why Nigerians flip to Golden Visas, the way it works and which international locations lead in affordability, accessibility and worth.
Lyle Julien, Funding Applications Professional at Immigrant Make investments, shares insights on developments, visa circumstances and greatest choices for Nigerians in search of a second residence or future citizenship.
Why Nigerians search Golden Visas
For Nigerian buyers, a Golden Visa presents extra than simply journey flexibility. It supplies the next advantages:
- a plan B amid political and financial uncertainty;
- international mobility, together with visa-free journey throughout Europe and past;
- entry to higher healthcare, schooling and life-style alternatives;
- safety of wealth by actual property or enterprise investments overseas;
- pathways to citizenship in steady jurisdictions.
Households usually select these Golden Visas to safe long-term futures for his or her kids and cut back publicity to native dangers.
How Golden Visas work
A Golden Visa is a residence allow issued in change for funding in a rustic’s economic system. It sometimes entails:
- investing in actual property, enterprise, authorities bonds or contributing to a improvement fund;
- sustaining the funding for a particular interval;
- present process Due Diligence checks;
- renewing the residence allow periodically.
Some golden visas provide routes to everlasting residence or citizenship after just a few years, supplied residency or different circumstances are met.
2024 statistics: Golden Visa demand from Nigeria
Information from 2024 present a gradual rise in Golden Visa functions from Nigeria. Based on Immigrant Make investments, inquiries from Nigerian nationals elevated by over 40% in comparison with 2023. Portugal, the UAE and Greece led the listing, with Hungary gaining momentum.
Key motivators embody entry to the Schengen Space, sturdy actual property markets and low bodily presence necessities. Household eligibility and naturalisation prospects additionally play a crucial function.
High international locations for Nigerians to acquire a least expensive Golden Visa in 2025
Additionally discover our detailed listing of cheapest golden visa countries for 2025.
Portugal:
- minimal funding: €250,000 in cultural heritage assist;
- processing time: 12 months;
- visa-free entry: Schengen Space;
- household inclusion: partner, kids, dependent mother and father;
- citizenship: after 5 years of residence.
United Arab Emirates:
- minimal funding: AED 2 million, or $545,000 in actual property;
- processing time: 1—2 months;
- visa-free entry: no Schengen entry, however sturdy regional mobility;
- household inclusion: partner and youngsters beneath 25;
- taxes: no private revenue tax;
- citizenship: uncommon; long-term residency solely.
Greece:
- minimal funding: €250,000;
- processing time: 4 months;
- visa-free entry: Schengen Space;
- household inclusion: partner, kids beneath 21, mother and father;
- taxes: non-residents taxed solely on Greek revenue;
- citizenship: after 7 years of residence and integration.
Hungary:
- minimal funding: €250,000 in actual property or authorities initiatives;
- processing time: 3 months;
- visa-free entry: Schengen Space;
- household inclusion: partner and youngsters;
- taxes: 15% flat revenue tax;
- citizenship: after 8 years of lively residence.
Cyprus:
- minimal funding: €300,000 in new actual property;
- processing time: 9 months;
- visa-free entry: not within the Schengen Space, however sturdy entry to the EU;
- household inclusion: partner, kids and fogeys;
- taxes: no inheritance tax; helpful regime for non-domiciled residents;
- citizenship: after 7 years of residence.
Conclusion
Golden Visas provide Nigerian buyers a strategic path to international mobility, funding safety and future citizenship. In 2025, Portugal and Greece stay probably the most inexpensive EU choices. The UAE fast-track approvals and tax-friendly environments. Hungary’s relaunched Golden Visa introduces new potential for early movers.
