Somalia

Somalia offers little for international investors. Security concerns persist due to ongoing instability, impacting the investment climate. Therefore investors should navigate cautiously, recognizing both the nation’s potential and the complexities inherent in its socio-political landscape.

Somalia Citizenship Investment and Residency

Somalia offers no formal residency or citizenship by investment programme. Such programmes allow individuals to obtain citizenship or residency rights in specific nations through substantial investment. These investments commonly involve real estate, national development funds, or local enterprises. Golden Visa programmes can be found elsewhere, such as the options in Europe and the Caribbean. Popular investor visa programmes include Portugal’s Golden Visa programme or Grenada’s Citizenship by Investment programme.

Somalia’s Passport Strength and Ranking

Somalia has one of the weakest passport strengths. It offers visa free access to only 19.8% of countries worldwide, making for only 2.2% of the global wealth (measured by GDP) and 5.8% of world travel. These factors place it at 197th in La Vida’s comprehensive Global Passport Ranking.

Several investment options exist to secure a stronger second citizenship such as Dominica’s Citizenship by Investment programme. Obtaining a second passport via investment would offer Somali nationals greater visa free access.