Travel The rich rush to buy foreign citizenshipsAerial view of the bay of Kotor; Montenegro. The cost ranges from Sh10 million ($100,000) for Antigua, Sh45.2 million (350,000 euros) for Montenegro, Sh142 million (1.1 million euros) for Malta, and Sh388 million (3 million euros) for Cyprus citizenships. South Africa has the highest number of ultra-rich persons in Africa, at 1,033, followed by Egypt (764) and Nigeria (724), according to this year’s Knight Frank’s Wealth Report. Demand is especially high from Africans in Kenya, Nigeria, South Africa, and Ghana. In sub-Saharan Africa, the countries that have increased their interest in additional passports are Nigeria, Kenya, and South Africa.

Source: The North Africa Journal August 20, 2020 23:15 UTC