Dual Citizenship Programs In Africa

In recent years we’ve seen African countries open their doors to foreigners looking for an African passport. We’ve previously discussed the most powerful passports in Africa, including South Africa, Ghana, and Mauritius. These countries offer dual citizenship programs with a few conditions which can generally be met easily if you want. Following their lead, there’s been an increase in African nations offering dual nationality to foreign citizens.

If you ask us, we would say that this is an excellent opportunity for those looking to expand their businesses and elevate their lifestyle by living in Africa. It might seem like an odd choice for some, but at Nomad Capitalist, we’ve been saying that Africa’s the next up-and-coming commerce hub.So, if you’re an entrepreneur, possessing African second citizenship might be in your best interests if you’re looking for a chance to be ahead of the curb.

Doing Business in Africa

If you’re the kind of person who wants to invest in an accelerating economy, it makes sense to do business in African countries. After all, there are several great reasons to be doing business in the region.

Untapped Market Potential

There is no doubt that there’s a lot of potential in the African market. Therefore, it makes perfect sense for anyone interested in investing in this market to hold citizenship of any of the countries on the continent. After all, other countries’ citizenship won’t help in Africa. Like many Asian countries, there are many eligibility requirements for the kind of business you can do.

World’s Fastest-Growing Economies

Another reason to possess citizenship of any one of the African countries is because six out of the ten fastest-growing economies in the world are present in the region. This means that any investment or businesses you decide to run in the region will definitely succeed.

Young Talent Available

Perhaps the biggest reason to obtain dual citizenship is because it will give you unrestricted access to Africa’s young population. You can hire young talent freely without worrying about paperwork or any law limiting your hiring capacity. You can hire as many new talents as you need to get the job down and help grow your businesses. Since it’s an emerging market, most written law is favorable for business owners.

African Citizenship Programs Available to You

Malawi

So, the latest country to announce dual citizenship is Malawi. In terms of travel documents, Malawi isn’t on top of the list, nor is it at the bottom. However, if you’re interested in setting up ventures there, it can be an interesting dual citizenship combination.

Liberia

The other dual citizenship news we got was from Liberia, whose government recently announced a loophole that has given way to dual citizenship. It used to be illegal in Liberia to possess dual citizenship. But luckily, there were a series of lawsuits in which the government asked the courts to allow dual citizenship. So, now there’s the option for citizens of other countries whose parents or they formerly possessed Liberian citizenship can reclaim the nationality if they want to.

Ethiopia

The last country on our list offering citizenship is Ethiopia. Of course, this is a major African country with various industries you could invest in. The naturalization process is pretty simple, and it’s an excellent nationality to possess if you plan to stay in Africa long-term. Apart from these citizenship programs, many countries in the region, Cameroon and Sierra Leone, for example, are starting to open citizenship programs as well. There isn’t any news of definite citizenship by investment program coming from this region.

But if you consider the fact that Africa’s always been quite particular about its citizens and what they’re going to do with foreign citizens, it’s good to see this new movement where dual citizenship is being considered. In the past, a foreign citizen could not think about having such citizenship, but times are clearly changing, and new paths are being created for global citizens interested in the region.

Get in Touch to Learn About Other Citizenship Programs

Nomad Capitalist is dedicated to helping you expand your passports portfolio and obtain second citizenship in countries where you can go where you’re treated best. In addition to the African countries, we also offer speedy citizenship by investment programs for you to explore. So, don’t miss this chance. Get in touch with our team today to begin your journey into the nomad lifestyle.