Targeted at foreign investors establishing or expanding businesses in Nigeria; requires traceable capital, company registration, and sponsorship by Nigerian entity.
High-net-worth individuals seeking residence through capital investment
Applicants without the required minimum investment capital
High capital requirement with stringent proof of funds; requires traceable investment funds; subject to capital importation documentation; limited to specific investment sectors
At a Glance
Eligibility Requirements
| Requirement | Details |
|---|---|
| Age Range | 18+ |
| Profession Required | No |
| Job Offer Required | No |
| Sponsorship Required | Yes |
| License / Recognition Required | No |
| Remote Income Allowed | No |
| Business Activity Required | Yes |
| Health Insurance Required | Yes |
| Proof of Funds Required | Yes |
| Can Apply From Abroad | Yes |
Financial Requirements
| Item | Amount |
|---|---|
| Minimum Savings | €100,000 |
| Application Fee | €500 |
| Est. Total Relocation Cost | €102,000 |
Application Timeline
Family & Rights
| Right | Details |
|---|---|
| Family Allowed | Yes |
| Spouse Can Work | No |
| Children Allowed | Yes |
| Work Rights | self-employed |
| Remote Work Rights | limited |
| Renewable | Yes |
| Time to Permanent Residency | 5 years |
| Time to Citizenship | 15 years |
Related Pathways
Cost of Living
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Frequently Asked Questions
What is the Investor Visa / Business Residence?
Targeted at foreign investors establishing or expanding businesses in Nigeria; requires traceable capital, company registration, and sponsorship by Nigerian entity.
Who is the Investor Visa / Business Residence best for?
This pathway is best suited for: High-net-worth individuals seeking residence through capital investment.
Who should not apply for the Investor Visa / Business Residence?
This pathway is not ideal for: Applicants without the required minimum investment capital.
What are the financial requirements for the Investor Visa / Business Residence?
Applicants need minimum savings of €100,000. Additional costs may include the application fee and relocation expenses.
How long does it take to process the Investor Visa / Business Residence?
Processing typically takes 30 to 60 days. Times may vary based on nationality, completeness of documentation, and current processing volumes.
Can I bring my family on the Investor Visa / Business Residence?
Yes, this pathway allows family members including dependents.
Can the Investor Visa / Business Residence lead to permanent residency or citizenship?
Yes. Holders of this visa can work toward permanent residency in approximately 5 years and citizenship in approximately 15 years, subject to meeting residence and other conditions.
What are the known issues with the Investor Visa / Business Residence?
Known issues and warnings: High capital requirement with stringent proof of funds; requires traceable investment funds; subject to capital importation documentation; limited to specific investment sectors. We recommend checking the official source for the latest updates.
Are there alternative pathways to Nigeria?
Yes. Nigeria offers 5 other immigration pathways. Compare all options on our Nigeria country page.
What is the cost of living in Nigeria?
Monthly costs for a single person in city center: Lagos: €1,100/month; Abuja: €950/month; Port Harcourt: €820/month. These include rent, groceries, transport, and utilities.
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Get Your Free VerdictOfficial source: https://interior.gov.ng/visa-policy/