According to the most recent World Citizenship Report 2024, Africa’s attraction as a top continent for second citizenship is rapidly increasing among high-net-worth individuals worldwide, and the reasons are obvious.
In addition to the survey, HNWIs are asking for more than just visa-free travel and tax savings. Instead, they discovered that HNWIs seek to maintain a high level of life while not just growing their money but also protecting it from future dangers.
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To identify the motivators driving the demand for second citizenship, the researchers used a mixed-methods study approach to explore the motivations for pursuing second citizenship and the importance of each element.
According to data from the worldwide survey on the priorities of high net worth individuals, 36.9% of participants ranked “Quality of Life” as the most important factor to take into account when considering citizenship.
When questioned about what areas, if any, they believe the current government is failing Respondents stated that their governments were failing to provide for their requirements in the areas of healthcare, environmental sustainability, and a competitive economy.
The survey results indicated that another factor driving the decision to obtain a second citizenship is safety and security. Safety and security make up 25% of a country’s World Citizenship Index (WCI) score, which gauges how much greater safety and security alternative citizenship can provide for its citizens.
Finally, the poll also indicated that high-net-worth individuals (HNWIs) worry deeply about currency stability and economic competitiveness. According to the survey HNWIs across the globe point to economic competitiveness as a key deficiency of their current administrations,
These are the top 10 African nations to think about if you’re a global citizen looking for the ideal balance between work, lifestyle and adventure.
| Country | Global Rank | Score |
|---|---|---|
| Mauritius | 50 | 66.2 |
| Seychelles | 54 | 64.4 |
| Cape Verde | 55 | 63.8 |
| Botswana | 59 | 62.5 |
| Malawi | 80 | 55.9 |
| Namibia | 84 | 55.0 |
| Sierra Leone | 96 | 51.2 |
| Ghana | 100 | 49.8 |
| Tunisia | 100 | 49.8 |
| Cote d’Ivoire | 102 | 49.6 |
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