Joombaah Ultra Large Scale Corporation Investor Visa: Invest $10M+ in Nigeria for Permanent Residence - Requirements & Process
Ultra Large Scale Corporation Investor Visa: Invest $10M+ in Nigeria for Permanent Residence - Requirements & Process

Permit Information

  • PERMIT_POSTED_BY: admin
  • PERMIT_POSTED_ON: Oct 24, 2024
  • Views : 149
  • Category : Africa » Western Africa
  • Description : The N3D Ultra Large Scale Corporation Investor Visa is a Permanent Residence Visa designed for foreign investors with a minimum of $10,000,000 USD capital investment in Nigeria. Introduced in Nigeria's Visa Policy 2020, this visa offers indefinite stay with multiple entries and is renewable every five years. Eligible investors must apply through the Nigeria Consular Mission. Joombaah facilitates knowledge to help you navigate the visa process smoothly.
  • Website : https://ngembassy.info/page/n3d-ultra-large-scale-corporation-investor-visa

Overview

  • Ultra Large Scale Corporation Investor Visa: Invest $10M+ in Nigeria for Permanent Residence - Requirements & Process

    Introduction

    The N3D Ultra Large Scale Corporation Investor Visa offers high-net-worth individuals the opportunity to secure permanent residence in Nigeria by investing upwards of $10,000,000 USD. This five-year renewable visa was introduced as part of the Nigeria Visa Policy 2020, targeting foreign investors intending to reside in the country. With this visa, investors can enjoy indefinite stay and engage in business-related activities within Nigeria. Joombaah facilitates knowledge to help you navigate the visa process smoothly.

    Eligibility Requirements

    To qualify for the Ultra Large Scale Corporation Investor Visa, applicants must meet the following criteria:

    • Investment Threshold: Must have a minimum capital investment of $10,000,000 USD retained in Nigeria through the Central Bank of Nigeria (CBN) or a related financial institution.
    • Police Clearance: Obtain police clearance certificates from countries where the applicant has resided in the last five years.
    • Valid Travel Document: The travel document (passport) must be valid for at least six months with at least two blank pages.
    • Completed Online Application: Submit the completed online visa application form along with payment acknowledgment.
    • Photographs: Provide two recent passport-sized photographs (35/40mm).

    Additional requirements may apply depending on the specific visa application channel used.

    Visa Validity

    The Ultra Large Scale Corporation Investor Visa is issued with the following features:

    • Visa Validity: 90 days, which indicates the period during which the visa can be used to enter Nigeria.
    • Entry Validity: Multiple-entry visa, allowing frequent travel in and out of the country.
    • Duration of Stay: Indefinite stay, meaning there is no limit on how long the visa holder can reside in Nigeria.
    • Renewability: The visa can be extended indefinitely, with renewals every five years.

    Permitted Activities

    Holders of the Ultra Large Scale Corporation Investor Visa are allowed to engage in legitimate residence and business-related activities. These include managing or overseeing investment portfolios, business operations, or other approved commercial engagements in Nigeria.

    Application Process

    Step 1: Prepare Required Documents
    Ensure that all necessary documents are ready, including your investment proof, police clearance, passport, and visa application form. Double-check for accuracy and ensure the online application is completed correctly.

    Step 2: Submit Your Application
    Submit the application and required documents to the nearest Nigeria Consular Mission (Embassy, High Commission, or Consulate). Include two recent passport-sized photos and the payment acknowledgment slip.

    Step 3: Await Processing
    Processing typically takes between 3 to 5 working days. If additional documents are required, ensure to provide them promptly to avoid delays.

    Step 4: Receive Your Visa
    Once approved, the visa will be issued, and you can begin the process of entering Nigeria under the terms of the Ultra Large Scale Corporation Investor Visa.

    Visa Fees

    The visa fees vary based on the applicant's nationality. It is advised to check with the Nigeria Consular Mission for specific fees applicable to your country of origin.

    Processing Time

    Applications are usually processed within 3 to 5 working days, depending on the submission of complete and correct documentation.