How long must the investment be maintained and what continuing ownership, investment or physical-presence conditions are important?
The investment must be maintained as investor's capital retained in Nigeria, with evidence of US$100,000,000 imported and retained as investor's capital. The stay duration is 10 years (multiple entry, residence permit). The official source does not state how long the investment must be maintained or any physical-presence conditions.
See recorded sources
Limits of the record- The document does not specify a separate maintenance period beyond the requirement that investor capital be retained in Nigeria.
- No explicit continuing ownership, investment, or physical-presence conditions are stated beyond the initial capital retention and the 10-year stay duration.
- The document does not clarify whether the 10-year stay duration implies a maintenance obligation for the full period or if other conditions apply.
- Requirements
Evidence of US$100,000,000 imported and retained as investor’s capital.
- Restrictions
Restrictions: To invest and reside in Nigeria. Investor capital retained in Nigeria.
- Validity
Validity: 90 days from issuance.
- Stay duration
Stay duration: 10 years. Multiple entry (Residence permit)