News
Countries apart from the U.S offering ‘golden visa’ in exchange for investments
Investors who contribute at least 2 million dirhams ($544,602) to the UAE economy can qualify for a long-term residence permit, commonly known as the UAE golden visa.
Many countries offer “golden visas” or similar schemes to attract foreign capital.
Below are some of the most notable programs worldwide:
Europe
1. Greece – Introduced in 2013, Greece’s program grants permanent residency to individuals who invest a minimum of €250,000 ($262,800) in real estate. Residency permits are renewable every five years.
2. Malta – Foreign nationals can acquire citizenship by contributing at least €600,000 to Malta’s economic development, with a required residence period of at least 36 months.
3. Italy – Italy’s golden visa grants residency to investors contributing between €250,000 and €2 million, with visa-free access to the Schengen Area. Cyprus – Requires a minimum investment of €300,000 for foreign nationals seeking residency.
Middle East
4. United Arab Emirates – Investors who contribute at least 2 million dirhams ($544,602) to the UAE economy can qualify for a long-term residence permit, commonly known as the UAE golden visa.
Caribbean
Several Caribbean nations offer citizenship in exchange for economic contributions:
5. Dominica – A minimum investment of $200,000 secures citizenship for applicants and their families.
6. Grenada – Requires an investment of at least $235,000 and grants visa-free travel to several countries, including China, Russia, and the Schengen Area.
7. St. Kitts and Nevis – One of the oldest programs, established in 1984, requires a $250,000 contribution in exchange for full citizenship.
8 Saint Lucia – A minimum investment of $240,000 grants full citizenship, subject to due diligence checks.
9. Antigua and Barbuda – Citizenship is granted to applicants over 18 who invest at least $230,000.
Asia.
10 Thailand – The Thailand Privilege Residence Program offers residency for up to 20 years with a minimum investment of 650,000 baht ($19,299).
Additionally, a Long-Term Residence Program provides 10-year visas for investments starting at 50,000 baht.
11. Indonesia – Launched in 2024, Indonesia’s program offers a 10-year visa to foreign investors contributing up to $10 million, granting them access to the country’s economic opportunities.
News
IGP Disu Wears New DIGs Insignia
Disu, during the ceremony today urged the new Deputy Inspectors-General of Police to uphold discipline, integrity and professionalism in the discharge of their duties.
• IGP Tunji Disu
The Inspector-General of Police, Olatunji Disu has decorated the newly promoted senior officers at the Nigeria Police Force Headquarters in Abuja .
Disu, during the ceremony today urged the new Deputy Inspectors-General of Police to uphold discipline, integrity and professionalism in the discharge of their duties.
He said the elevation to the rank of Deputy Inspector-General of Police was not merely the wearing of new insignia but a recognition of years of dedicated service and a call to greater responsibility in the leadership of the force.
Disu emphasised that the rank represents one of the highest levels of professional trust within the police and demands wisdom, courage and a strong commitment to justice and service.
News
BREAKING: Court of Appeal Upholds Federal High Court Ruling Halting PDP’s Ibadan National Convention
In a major ruling that deepens the ongoing leadership crisis in Nigeria’s main opposition party, the Court of Appeal in Abuja has affirmed the decision of the Federal High Court restraining the Peoples Democratic Party (PDP) from proceeding with its controversial National Convention held in Ibadan, Oyo State, on November 15-16, 2025.
A three-member panel of the appellate court, led by Justice Mohammed Danjuma, delivered a unanimous judgment on Monday dismissing the appeal filed by the Tanimu Turaki-led faction of the PDP.
The court upheld the October 31, 2025, ruling by Justice James Omotosho of the Federal High Court, which barred the Independent National Electoral Commission (INEC) from recognizing, validating, or accepting the outcome of the Ibadan convention.
The Appeal Court held that the PDP’s decision to proceed with the convention violated key provisions of the Nigerian Constitution, the Electoral Act, INEC’s guidelines on party primaries and conventions, and the PDP’s own Constitution.
It emphasized that the Federal High Court’s intervention was justified to prevent illegality and to protect the rights of excluded delegates from over 14 states where congresses had not yet been conducted.
The panel further criticized INEC for failing to adequately monitor the party’s processes as required by law. In a related aspect of the judgment, a fine of ₦2 million was imposed on the Turaki-led faction.
Rejecting arguments from the appellants that the matter was purely an intra-party affair outside judicial jurisdiction, the Court of Appeal ruled that violations of constitutional provisions, the Electoral Act, or a political party’s constitution confer jurisdiction on the courts.
This decision marks the first in a series of nine consolidated appeals stemming from the PDP’s protracted internal crisis, which pits the Turaki faction against a rival caretaker leadership aligned with FCT Minister Nyesom Wike and headed by Abdulrahman Mohammed.
The appeals challenge multiple Federal High Court rulings that halted the Ibadan convention and recognized the caretaker committee.
The ruling represents a significant victory for the Wike-aligned faction and could have far-reaching implications for the PDP’s leadership structure, upcoming elections, and INEC’s recognition of the party’s national officers.
Further judgments in the remaining appeals are expected later today or in the coming days as the Court of Appeal continues its sittings on the consolidated cases.
The PDP has yet to issue an official reaction, though sources indicate the Turaki faction may pursue further appeals to the Supreme Court.
News
IWD: My greatest investments are my three daughters – Otedola
Tolani is a singer, Florence a renowned disc jockey and Temi is an actress and fashion blogger.
“My greatest investments are my three daughters who make me proud every day. Happy International Women’s Day my angels,” wrote the billionaire businessman, Femi Otedola.
His three daughters are Tolani, Florence (DJ Cuppy) and Temi.
The Chairman of First Holdco Plc stated this in an X post on Sunday to commemorate International Women’s Day.
The billionaire’s daughters are high flyers in various areas of personal endeavour. Tolani is a singer, Florence a renowned disc jockey and Temi is an actress and fashion blogger.
-
News3 days agoMuch Expectations from Newly Promoted Deputy Inspectors General of Police (Images)
-
Sports3 days agoMexico to deploy 100,000 security operatives for securing World Cup Venues
-
News1 day agoSenator Oluremi Tinubu Hails Nigerian Women’s Resilience, Calls for Greater Empowerment on International Women’s Day 2026
-
News1 day agoIGP Disu Replaces Hundeyin with DCP Anthony Placid as new Police PRO
-
Crime2 days agoJUST IN: DSS Arrests Notorious ESN Commander, Suspected IPOB Member (Photos)
-
News2 days agoJUST IN: IGP appoints CSP Ali Giwa as Force new media officer
-
News1 day agoAPC Mourns Death of Party Chieftain Dr. Chamberlain Dunkwu at 54
-
Opinions1 day agoIWD: 50 rights female gender should enjoy
