LONDON, July 4, 2021 /PRNewswire/ — A London-headquartered firm that specialises in providing assistance to clients seeking second citizenship has reported a spike in interest from North African applicants. Compared to last year, interest has grown approximately 72 percent in the first half of 2021 alone. The data was calculated from three countries in North Africa: Libya, Morocco and Algeria.
While Libya and Algeria saw steady increases this year, Morocco surpassed in interest. In 2021 so far, Moroccans accounted for well over half the North African inquiries regarding the attainment of second citizenship, especially in the Caribbean, a region known as the cradle of Citizenship by Investment (CBI) programmes. Paul Singh, the Director of CS Global Partners, said that Moroccan investors primarily look to St Kitts and Nevis’ CBI programme because of its vast experience spanning several decades.
“It’s fascinating to see these statistics because they show what the people of North Africa prioritise in their lives. Second citizenship can open doors to international business,…