Henley & Partners Group, a citizenship and residency advisory firm that helps the rich acquire second passports, will set up an office in Nigeria.
Following in the footsteps of other globally mobile nationals from China, Southeast Asia and the former Soviet Union, wealthy Africans represent a steadily increasing part of its business, according to the Zurich-based company. Expressions of interest in either passports or residency rights from Africans have jumped in recent years to more than 1,000 in the first quarter of this year from about 750 a year earlier, it said. Nigeria will be its second outpost in Africa.
“We have been engaging with Nigerian and West African clients for over three years now and have seen constant growth,” Dominic Volek, Henley’s head of sales, said by email. “The significant increase in wealth creation in the region has created a consequent surge in demand for our services.”