AFRICA: Top three African countries leading the golden visa race

Global investors are increasingly seeking flexible residency and citizenship options beyond their native countries, making golden visa programs a vital tool for wealthy individuals to access new markets and opportunities.

  • Global investors seek flexible residency options leading to a rise in golden visa programs worldwide.
  • African countries like South Africa, Mauritius, and Namibia are emerging as leaders in offering structured investor residency schemes.
  • This trend highlights Africa’s potential growth as a significant player in the global residency-by-investment landscape.

Historically dominated by Europe and North America, the golden visa landscape is now witnessing the rise of African countries offering competitive investor residency schemes aimed at attracting foreign capital and driving economic growth.

According to Henley & Partners, a leading law firm, only a handful of African countries currently offer golden visa or similar investor residency schemes. South Africa, Mauritius, and Namibia stand out as the continent’s leaders, providing structured pathways for investors.

Notably, these African programs offer clearer and more stable options compared to stalled or uncertain programs in other parts of the world, such as the delayed U.S. Trump Card visa.

 

Country  Minimum investment Amount Type of Investment Investment Thresholds & notes  Residency Type
Mauritius  From $50, 000 Investment in property/(own) Business/Financial product/ tax base competitive entry point; attractive tax environment; popular for wealth structuring Permanent Residency 
South Africa varies (upwards of $100,000 Investment in property/(own) Business/Financial product/ tax base Strongest economy in Africa; broad options for investors; investment sums vary widely Permanent Residency
Namibia  $365,000 Investment in property/(own) Business/Financial product/ tax base Emerging market offering investor-friendly policies, often overlooked but promising A renewable five-year permit allowing residency, work, and study, with eligibility for permanent residency after seven years.

Global Context
While Europe and the UAE continue to dominate the global golden visa market, African countries too, are establishing themselves by offering investor residency options with competitive investment thresholds and attractive economic environments.

Countries such as Mauritius, South Africa, and Namibia stand out by combining a good quality of life, including political stability, modern infrastructure, and safety, with strong investment potential in real estate, finance, and natural resources.

These factors make them increasingly appealing destinations for global investors seeking both residency and long-term growth opportunities.

In addition to these, Botswana and Rwanda are gaining recognition for their improving governance, infrastructure, and economic prospects.

Botswana’s long-standing political stability and prudent economic policies make it a reliable investment destination, while Rwanda’s rapid development and business-friendly reforms position it as an emerging hub for investors interested in East Africa. Together, these nations are shaping Africa’s growing appeal in the global residency-by-investment landscape.

However, the stalled U.S. The Trump Card program serves as a reminder of the critical importance of political and legal stability in such initiatives.

Consequently, African countries that offer stable and attractive investment environments are well-positioned to capitalize on the increasing demand for golden visa programs.

2 February 2024

MALTA: Malta’s passport sales in crosshairs of new EU anti-corruption directive

The Committee of Civil Liberties in the European Parliament has overwhelmingly adopted the European Commission’s draft for a far-reaching anti-corruption directive on Wednesday to step up efforts

Read More
11 October 2024

PORTUGAL: Portugal tries to tempt under-35s with tax cuts

The Portuguese government is to slash taxes for people aged 35 and under, in an attempt to dissuade young people from emigrating and encourage foreigners to settle in Portugal. As part of the budget

Read More
25 March 2025

US: Updated Beneficial Ownership Reporting Rules: All U.S. Companies Are Exempt; Only Foreign Companies Must Report

On March 21, 2025, the Financial Crimes Enforcement Network of the U.S. Treasury Department (“FinCEN”) narrowed the scope of the beneficial ownership information (“BOI”) filing requirement under

Read More
7 March 2025

US: Bitcoin plunges as Trump’s strategic reserve fails to impress markets

United States President Donald Trump’s executive order to establish a Bitcoin strategic reserve and a stockpile of other digital assets has failed to impress crypto markets, with Bitcoin’s value

Read More