Sierra Leone
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Sierra Leone Citizenship by Investment Programme
Sierra Leone has introduced an innovative “GO-FOR-GOLD” program, offering lifetime residency in exchange for gold investments.
Investment
$65,000 plus 1 kilogram of gold
Processing time
40 days
Key benefit
visa-free travel, financial security, quality healthcare and education, the right to live and work, and potential tax benefits.
Program Overview
Launched on December 1, 2024, the GO-FOR-GOLD program allows investors to obtain permanent residency by purchasing physical gold securely stored in government vaults for five years.
Investment Packages
The program gives three choices for investment:
Single Applicant: $65,000 plus 1 kilogram of gold.
Nuclear Family: $75,000 plus 1 kilogram of gold.
Extended Family $ 100,000 and 2 kgs gold.
In addition, application fees are fully refundable if a request is rejected, which means an investment risk-free experience for investors.
Benefits of the Program
Participants in the GO-FOR-GOLD program enjoy several advantages:
- Expedited Approval: Applications are processed within 40 days.
- No Residency Requirement: Physical presence in Sierra Leone is not mandatory.
- GFG Club Membership: Access to a network connecting residents with business leaders.
- Additional Gold Purchases: Option to buy up to 19 additional kilograms of gold at a discounted rate over five years.
- Tax Advantages: No national taxation implications, with tax residency certification available.
- Banking Facilities: Access to banking services outside the Common Reporting Standard framework.
Gold Specifications
The gold involved is 99.99% pure bullion, certified to the LBMA Good Delivery List Standard, and secured by the Central Bank of Sierra Leone.
Application Process
The application process is remote and requires essential documentation such as passport copies and photographs. Due diligence is conducted in a thorough yet non-intrusive manner.
Regional Opportunities
As a member of the Economic Community of West African States (ECOWAS), Sierra Leone’s residency program provides opportunities within the 15 member countries, enhancing the program’s appeal.
Government Vision
Chief of Immigration Alusine Kanneh emphasised that this initiative aligns with President Julius Maada Bio’s intention to alternate Sierra Leone and give a boost to its contribution to Africa’s financial revival.
About TEG Consultancy
TEG Consultancy, a part of the TEG Group, specialises in making an investment in immigration offerings. It assists clients in obtaining citizenship and permanent residency via investing in immigration programmes. With its worldwide attain and a team of professionals inside the industry, TEG Consultancy has a large group. TEG Consultancy specialists offer personalized help to manual you via the complex technique of acquiring citizenship or residency.
Conclusion
The GO-FOR GOLD assignment inside Sierra Leone offers an possibility for buyers who need to secure permanent residency through investing with solid gold backing. With its brief utility system, tax benefits, and capacity to access opportunities in the region, this is an exceptional choice for buyers looking for an opportunity to stable a brighter destiny.