Sierra Leone GO-FOR-GOLD Permanent Residency Program
A program built on Sierra Leone’s Natural strengths
How the Residency Program works
Sierra Leone has launched its GO-FOR-GOLD permanent residency program, a significant initiative aimed at attracting global investors. The program offers lifetime residency rights in exchange for gold investments. The residency is granted in exchange for a physical gold investment, ensuring investors play a part in Sierra Leone’s development. This innovative approach positions Sierra Leone as a leader in the investment migration industry.
The GO-FOR-GOLD program, developed with Stephen Barnes and the Hong Kong Visa Centre, requires investors to buy physical gold stored securely in government vaults for five years. It offers three customized packages:
Single Applicant: For $65,000 and one kilogram of gold, an individual can apply for residency.
Nuclear Family: This package costs $75,000 and includes one kilogram of gold for families.
Extended Family: The most comprehensive package costs $100,000, with two kilograms of gold.
All gold utilized in the program is 99.99% LBMA-certified bullion, securely stored by the Central Bank of Sierra Leone. Remarkably, if gold prices increase, the purchase requirements will adjust downward, making this a smart and adaptable investment choice for forward-thinking investors.
LBMA is the acronym for the London Bullion Market Association. It is an international trade association, responsible for setting up standards in the global bullion market. Its members include traders, refiners, producers, miners, and storage and secure carrier services.
Key Benefits of The Program
- Fast Approval: 40-day application process
- Remote Application: Fully online process, no in-country residency required
- GFG Club Membership: Exclusive networking and investment opportunities with Sierra Leonean business leaders
- Tax Advantages: No national taxation consequences and tax residency certification available
- Global Flexibility: Banking facilities outside the Common Reporting Standard (CRS) framework
Successful applicants may purchase an additional 19 kilograms of gold at discounted rates over five years, enhancing their investment opportunities.
Barnes hinted at future developments: “Phase two will include an expedited pathway to naturalization. More details soon.”
Sierra Leone’s Chief Immigration Officer, Hon. Alusine Kanneh, underscored the program's critical importance: “This initiative unlocks the wealth of our land while harnessing the ambition of our people. Sierra Leone is evolving into a modern, inclusive, and progressive nation.” Sierra Leone has shown resilience and innovation, highlighting its role in Africa’s economic revival. This program also provides applicants with broader residency options within ECOWAS, which consists of 15 member countries.
Sierra Leone is a prime destination for savvy investors seeking residency opportunities. This initiative allows investors to gain permanent residency by investing in gold, contributing to the country’s economic development. With all-inclusive packages and a refund policy, it provides a secure and flexible choice for long-term residency.
Theo Edwards for YAME