There is a surge in South Africans seeking second citizenship amid economic and political uncertainty.
Image: Supplied.
South Africans are increasingly looking to secure a second citizenship or alternative residency as economic instability and policy shifts, such as land expropriation, create concerns for the future. LIO Global, a leading specialist in investment migration, has reported a 40% surge in inquiries in the last 3 months, with high-net-worth individuals (HNWIs) seeking security, global mobility, and financial diversification.
The South African passport is ranked 48th on the global visa restriction index
While the South African passport provides access to some international destinations, it remains far weaker than many developed nations’ passports and even ranks behind Russia, Moldova, and Tonga.
South Africans currently enjoy visa-free or visa-on-arrival access to approximately 103 countries, but face restrictions when traveling to key destinations such as the US, Canada, Australia, and the UK. Lengthy visa applications, extensive documentation requirements, and unpredictable approval processes have made international travel more cumbersome.
Comparatively, European and Caribbean passports offer significantly greater mobility, allowing access to over 160 countries without stringent visa barriers. Tedious and inefficient, yes? The link indicates which countries you can travel to visa-free on a South African passport.
Source: Wikipedia.
Image: Supplied
Why are more South Africans seeking a second citizenship
With challenges such as currency depreciation, high unemployment, and ongoing power crises, securing an alternative passport has become a strategic move. A second citizenship provides visa-free travel, access to international banking and investment markets, and the ability to relocate or expand business operations abroad.
“South Africans are proactive when it comes to securing their futures,” says Megan Copley, Sales Director at LIO Global. “We’ve seen a dramatic increase in demand for investment migration programs, particularly in countries that offer strong global access and financial benefits.”
Top 3 citizenship and residency programs for South Africans
Nadia Read Thaele, Founder of LIO Global, mentions, “Our clients are looking for global access, freedom, and the peace of mind of having options for themselves and their families. A second passport or EU residency offers this.”
LIO Global has noted three of the most sought-after programs from South African clients:
Greece has emerged as a leading destination for South Africans due to its relatively low property investment threshold and access to the Schengen Zone. With an investment starting at €250,000, the Greek Golden Visa provides permanent residency, with the option to apply for citizenship after several years. This program is particularly attractive for those looking to diversify assets in a stable European economy while enjoying a high quality of life and earning returns in hard currency. Families can include their children and enjoy access to EU universities at preferential rates.
Both Antigua & Barbuda and Grenada offer affordable and efficient citizenship programs with visa-free access to over 140 countries, including the UK and the Schengen Zone. Starting from either a donation of $230,000 or a real estate investment of $270 000, these programs allow families to obtain second citizenship and a second passport quickly, with no requirement to reside in the country.
Italy’s Investor Visa offers a straightforward and flexible pathway for non-EU nationals seeking residency in one of Europe’s most culturally and economically influential countries. Unlike property-based programmes, Italy’s visa is centred entirely on financial investment, making it attractive to investors who prefer simplicity over real estate management. Applicants can qualify by investing €2 million in Italian government bonds, €500 000 in an Italian company, €250 000 in an innovative start-up, or €1 million as a philanthropic donation.
At €250 000, Italy, along with Greece, offers a very attractive option for investors wanting access to Europe. What’s most unique about the program – applicants are approved before they are required to make their investment.
A strategic move for the future
With an increasing number of South Africans exploring global options, LIO Global continues to provide expert guidance in navigating the complexities of investment migration. Whether for business expansion, family security, or financial diversification, obtaining a second citizenship is no longer just a luxury—it is a necessity in today’s uncertain climate.
“As global opportunities shrink for South African passport holders, securing an alternative residency or citizenship ensures freedom, security, and access to world-class economies,” adds Read Thaele.
* For more information, visit: Greece@lio-global.com
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