Botswana, a country whose economy has long depended on diamond revenues, is making a strategic shift to reduce its financial vulnerability. With global demand for diamonds slowing and state revenues under pressure, the government has unveiled plans to introduce a citizenship-by-investment program (CIP) aimed at attracting new streams of foreign capital.
The initiative will allow investors who meet specific financial or project criteria to obtain Botswana citizenship. According to officials, funds raised through the program will be directed toward key sectors such as housing, tourism, renewable energy, financial services, and broader economic diversification.
The government has partnered with Arton Capital, an international consultancy specializing in investment migration, to design and execute the program. While the final framework has yet to be announced, early reports suggest that investors will need to commit a minimum of US$75,000 to $90,000 to qualify.
For decades, Botswana’s economic strength has been tied to diamonds, which account for the bulk of export earnings. But with fluctuating demand and growing calls to expand into other industries, policymakers see the CIP as a chance to bring in fresh global investment and reduce dependency on mining.
Officials say the program will also boost Botswana’s reputation as a safe, stable, and attractive destination for long-term investment, offering investors a stake in one of Africa’s most politically stable nations.
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