While there is activity for investors coming into Africa, the opposite is true for the African wealthy wishing to broaden their options abroad through citizenship-by-investment programs and residency permits.
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“Investment migration has been widely embraced by African investors and entrepreneurs as a mechanism to improve their global mobility and access opportunities to grow their businesses and provide great optionality to their families in terms of where they can live, study, invest and retire,” Volek told Uglobal. “There is still an enormous divide when it comes to travel freedom, or visa-free travel, between countries in the global north and those in the global south, especially in Africa.”

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