Connect with us

Broadcasting

Firm Offers Nigerians Seeking Stability Easy and Cost Effective Path to Second Citizenship, US Residency  

Published

on

Kindly share this post

Range Developments a leading investment and hospitality company, operating across the Eastern Caribbean, has revealed that it’s now helping Nigerians obtain second citizenship and US residency legally and hassle-free through government-approved citizenship by investment (CIP) programmes.

 

The Caribbean ultra-luxury resort developer said that this became necessary against the backdrop of the global effects of COVID-19 pandemic, which has necessitated the need for expanded economic opportunities and access to more stable markets.

 

The company in a statement released on Tuesday stated that this has fueled global demand for second citizenship.

According to the statement, “High net worth individuals, and their families, investing in the Caribbean country of Grenada can enjoy second citizenship under which they qualify for the E-2 visa that allows foreign investors to reside in the United States.

 

“This is in addition to a wide host of visa free travel benefits to 140 countries including the United Kingdom, Schengen Countries, Russia, China and many more.

 

“It is for this reason the Grenada passport is considered one of the most powerful in the world”.

 

Mohammed Asaria, managing director and board member of Range Developments, said “Citizenship of Grenada provides global mobility coupled with the opportunity to access and migrate to the US, the world’s largest economy, in a very expeditious, cost effective manner, in addition to providing the insurance of a second citizenship in times of stress,”

 

This Projects by Range Developments have attracted over 1,800 600 investors and helped more than 4,000 individuals gain second citizenship so far.

 

Range Developments, according to the statement is the only company that has a track record of delivery in the Citizenship by Investment sector with multiple completed projects.

 

“Highly sought-after Grenada is one of 80 countries, but the only Caribbean nation with a viable Citizenship by Investment Program, whose passport holders can apply for the United States E-2 visa because of a Treaty of Trade and Commerce between both countries that have been standing for over three to four decades now.

 

“Grenada is a popular E-2 treaty country due to quick efficient E-2 visa processing times of less than two months, and a much more affordable minimum investment compared to other treaty countries and visa types.

 

“The island country also has one of the most powerful passports in the world, giving holders visa-free travel benefits to over 130 countries including the United Kingdom and Crown dependencies, Bulgaria, China and Germany.

 

“By investing US$220,000 (through a limited partnership structure) plus associated government fees in a state-Government approved real estate project like Range Developments’ Six Senses La Sagesse Grenada Project, dual citizenship is conferred on investors and their families which then allows them to make the minimuman investment (suggested minimum amount is USD150,000) required in the US in exchange for residency.

 

“For dual citizenship in Grenada, the government has approved Six Senses La Sagesse by Range Developments as one of the real estate projects under the CIP.

 

“Six Senses La Sagesse will feature one hundred luxury rooms & suites, two luxury 5-star resorts, oceanfront villas, spas, shops and watersports’ facilities” the statement reads.

 

According to Range Developments, the project is expected to be completed by 2022 and will be an integral part of the La Sagesse Master Development. Six Senses is considered one of the world’s leading luxury hotel brands and is part of the Intercontinental Hotel Group.

 

Six Senses La Sagesse is planned to be an incomparable development on a prime-location; a beach named by The Sunday Times and The Telegraph as one of the best in the Caribbean. The project is just 15 minutes’ drive from Grenada’s airport.

 

Range Developments is also the developer of the globally acclaimed Park Hyatt St Kitts and Kempinksi Dominica, properties that have been featured in international media including Forbes, Wall Street and New York Times.

 

Park Hyatt St. Kitts is a luxury 5-star resort with 126 rooms and suites surrounded by world-class amenities including a super yacht marina.

The resort was completed under Citizenship by Investment Programme in the Caribbean and opened to guests in 2017. CNN named the resort as the best new Caribbean Hotel in 2017

 

The Cabrits Resort & Spa Kempinski is the first government-approved real estate project in Dominica under the country’s Citizenship by Investment Programme.

 

The hideaway resort was opened in October 2019.  The Telegraph gave the resort one of its highest ratings. .

 

“An investment in Six Senses La Sagesse, Grenada is a chance to share in a winning partnership,” said Range Developments, acclaimed as the most successful developer of luxury real estate projects in the Caribbean.

 

Range Developments may be contacted via: www.rangedevelopments.com

 

 

 


Kindly share this post

Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Continue Reading
Advertisement
Comments

Broadcasting

VFD Group Proposes SplitXchange for Financing Nigeria’s Creative Industry

Published

on

Kindly share this post

VFD Group Plc has proposed the introduction of a specialized Exchange that would address the issue of financing in Nigeria’s entertainment and creative industries to bolster foreign exchange earnings and economic development.

Folagbade Adeyemi, the Managing Director of Splitar Limited,  stated this while speaking at the Capital Market Correspondents Association of Nigeria (CAMCAN) quarterly Forum, sponsored by VFD Group Plc.

Adeyemi revealed that the Group is actively pursuing an exchange platform tailored to the media and entertainment sector, offering diverse investment opportunities for both domestic and international investors.

Currently in its development stage, SplitXchange when launched, would offer a platform for financing the media and entertainment industry, among other alternative assets.

According to him, “Seeing the huge potential in alternative assets, Splitar Holdings, through Split Exchange, would drive the alternative assets space with its revolutionary digital exchange.”

He emphasized the potential of this sector to significantly improve the GDP of the country and called for a collaborative approach towards establishing robust frameworks and clear guidelines to support investment in alternative assets leveraging technology.

“Unless we collaboratively set up institutions that can provide data around these asset classes and place a true value on these asset creators to make seeking finance a lot easier, we will not see significant returns.

“A lot of transactions have been ongoing within that space which are not captured within the country’s value chain. That is what SplitXchange seeks to address.”

With Nigeria’s estimated population at 208.8 million people, Adeyemi highlighted the increasing demand for Nigerian content locally and on a global scale.

Speaking on the theme: “Beyond Tradition: Increasing Relevance of Alternative Assets in the Capital Market,” Adeyemi lamented the absence of robust funding pillars in the country.

He emphasized the potential of Entertainment and Media, noting that globally there is an average market size of $41 billion as of 2021 with an estimated growth of 4.2 per cent.

While pointing out investments by Netflix and Amazon, which have churned out blockbuster movies that have gained viewership and streams across the globe, he noted that Nigeria’s biggest investor in the form of Pension Assets was yet to invest in the entertainment or streaming services.

He stressed the need to solve the problems of liquidity, efficiency, and barriers to entry in the country.

“In today’s market, the quick conversion of assets into cash is a challenge due to the absence of a well-structured marketplace that oversees and regulates these assets.

“The automation of processes such as compliance, escrow account management, dividend distribution, corporate action management, and drag-along actions technology presents a significant challenge in today’s alternative market. The high initial cost of assets in this market restricts participation to only affluent individuals and corporate investors,” he said.

He noted that the sector remains excluded from the organized financial sector due to the inability of intermediaries to recognize Intellectual Property (IP) as suitable collateral to access funding. “Projects are financed informally through a network of angel investors, high net worth individuals, non-governmental organizations, government, and personal savings,” Adeyemi said.

Furthermore, he pointed out that investors and asset creators face challenges when seeking investment opportunities or raising capital through traditional financial avenues.

“Traditional financial institutions are ill-equipped to appraise industry opportunities due to poor visibility, data, and income/revenue leakages leading to mispricing through high-interest rates, market illiquidity of associated securities, poor market depth, and lack of accessibility for retail investors,” he said.


Kindly share this post
Continue Reading

Broadcasting

Konga Travel Commences Canadian Visa Services for Professionals and Students

Published

on

Kindly share this post

Konga Travels and Tours, a leading provider of travel services in Nigeria is pleased to announce the launch of its Canadian visa assistance services through strategic partnership with a licensed Canadian immigration company.

Konga Travels is now equipped and in a vantage position to assist clients in realizing their relocation dreams.

The new Canadian visa services cater to the travel needs of diverse category of individuals including students, workers, professionals, and investors looking for new opportunities in Canada.

Applicants can get exclusive packages on business immigration, study in Canada, work permits, as well as visit and tourist visa services with the professional assistance of Konga Travels and Tours.

The Business Immigration visa is tailored to investors interested in conducting business activities in Canada with a pathway to permanent residency. The Study in Canada visa service caters to students aspiring to pursue undergraduate or postgraduate studies in foreign institutions renowned for their academic excellence and global recognition.

Okezie Akaniro, Senior Vice President of Konga Online Limited expressed excitement about the expansion of the company’s service portfolio saying “We are thrilled to introduce Canadian visa assistance services to our esteemed clients because we understand the aspirations of Nigerians seeking to pursue educational, professional, or business opportunities in Canada.

“This partnership underscores Konga Travels’ commitment to providing holistic travel solutions that meet the diverse needs of our customers, with our expertise and strategic collaboration, we aim to simplify the Canadian immigration process and help individuals achieve their aspirations of studying, working, or investing in Canada,” he stated.

Expressing his enthusiasm for the new service, Abiola Bakare, Business Head of Konga Travels and Tours posited, “At Konga Travels, we continuously seek ways to enhance the travel experiences of our customers.

“The introduction of Canadian visa assistance services aligns with our goal of providing end-to-end solutions and simplifying the travel process for our clients.”

Konga Travels and Tours goes beyond processing visa applications. As part of its suite of services, Konga Travels offers flight booking, hotel reservations, and tour packages. Recently, Konga Travels and Tours further enhanced its offerings by partnering with Coronation Insurance to provide comprehensive travel insurance solutions.

For further inquiries, customers are encouraged to contact Konga Travels through any of the official customer touchpoints provided here:

Phone Call: +234 809 460 5555; 0708 063 5700

WhatsApp: +234 (0) 811 211 4488

Email: [email protected]

Facebook: Konga Travel

Instagram: @kongatravel


Kindly share this post
Continue Reading

Broadcasting

5 Strategies to Prevent Payment Delays from Hurting Your Business

Published

on

Kindly share this post

Payment delays pose significant challenges for businesses across Africa. Maintaining a steady cash flow is essential for business growth and sustainability, making it crucial to address late or non-payments from customers.

So, how can SMEs effectively prevent payment delays? Let’s explore five actionable strategies to keep revenue flowing smoothly.

Streamline Payment Processes
Smoother payment experiences lead to prompt payments. Simplifying the payment process for customers by offering multiple payment options enhances convenience and reduces the likelihood of delays. It is important to note that collaborating with a reliable payment gateway is fundamental in achieving seamless transactions.

Embrace Subscription Models

Adopting a subscription-based payment model ensures consistent cash flow and predictability in revenue streams. SeerBit has innovative features, such as partial debits and automatic retries which fortify this model, ensuring uninterrupted revenue even amidst payment hiccups.

Digitize Invoicing

Transitioning from paper-based to digital invoicing eliminates delays caused by delivery hiccups, while also minimizing the risk of lost documents. Digital invoicing not only streamlines payment tracking, but also enhances operational efficiency.

Implement Incentives and Penalties

Introducing incentives for early payments and penalties for late payments encourages timely settlements. Customers are motivated to pay promptly to capitalize on discounts and other special deals, while the prospect of additional charges or sanctions deters delays. Reminder notifications serve as gentle nudges, prompting customers to fulfil their payment obligations promptly.

Proactive Payment Management

Partnering with SeerBit empowers businesses to proactively manage payment collections. With a robust payment gateway offering seamless transactions, recurring payment capabilities and digital invoicing services, businesses can effectively mitigate the risks associated with payment delays.

Conclusion

Preventing payment delays is critical for sustaining business operations and fostering growth. The World Bank predicts that late payments cost the global economy over $40billion every year. By implementing these strategies and leveraging the capabilities of SeerBit, businesses can optimize their payment processes, ensuring uninterrupted cash flow and significant long-term success.


Kindly share this post
Continue Reading

Trending