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01

Jan 2025

Sierra Leone Permanent Residency And Citizenship | A Whole New String To My Bow | GO-FOR-GOLD

Posted by / in Feature Article, Musing, Sierra Leone, VG Front Page / No responses

Sierra Leone Permanent Residency And Citizenship

GO-FOR-GOLD

A New Way to Quickly & Very Cost-Effectively Secure Sierra Leone Permanent Residency And Citizenship

INTERVIEW

How to Design a Residency by Investment Program from Scratch: The Case of Sierra Leone

Jason Black (JB) the press representative of Hong Kong Visa Centre, interviews Stephen Barnes, a leading figure in the immigration sector in the HKSAR with over three decades of experience. Known as the “Hong Kong Visa Geeza,” Barnes shares his insights into the innovative GO-FOR-GOLD Residency and Citizenship by Investment Program, which he helped develop for Sierra Leone. This in-depth discussion explores the program’s inception, structure, and transformative potential for Sierra Leone’s economy and global appeal.

JB: Could you provide an overview of your background and experience in the immigration sector?

Stephen Barnes: My journey in the immigration field spans over 30 years. After graduating from law school in 1993, I launched my career as a Hong Kong immigration consultant, earning the nickname “Hong Kong Visa Geeza” for my innovative approach to navigating immigration complexities. Inspired by Seth Godin’s “Purple Cow” philosophy, my focus has been on creating standout immigration services.

This ethos underpins the GO-FOR-GOLD program, which embodies innovation and utility, balancing the needs of investors and government administrators alike.

Origins of the GO-FOR-GOLD Initiative

JB: How did the opportunity to develop a permanent residency and citizenship program for Sierra Leone arise?

Stephen Barnes: The collaboration was rooted in long-standing relationships with West African legal professionals, dating back to 2012 during Hong Kong’s Capital Investment Entrant Scheme. These connections introduced us to Sierra Leone, which sought a unique Residency by Investment (RBI) program aligned with its economic vision.

President Julius Maada Bio’s aspiration to position Sierra Leone as a regional trailblazer played a pivotal role. His vision encompassed leveraging natural resources to attract investment, diversify the economy, and solidify the nation’s reputation as a progressive and secure jurisdiction. Sierra Leone’s story – a thriving democracy with English as its lingua franca, a robust banking system, and significant human and natural resources -was compelling. However, to attract investment, the country needed an innovative, investor-friendly program that could reflect these qualities.

Program Structure: Residency and Citizenship Pathways

JB: The GO-FOR-GOLD program is quite distinctive. Could you outline its structure?

Stephen Barnes: GO-FOR-GOLD offers a blend of permanent residency (PR) and citizenship opportunities linked to Sierra Leone’s abundant gold reserves. Launched in December 2024, the program allows investors to secure lifetime residency rights by purchasing physical gold, stored securely in government vaults for five years.

Permanent Residency:

  • Single Applicant: $65,000 + 1 kilogram of gold.
  • Nuclear Family (up to 4 members): $75,000 + 1 kilogram of gold.
  • Extended Family (up to 8 members): $100,000 + 2 kilograms of gold.

Residency approval is granted within 40 days, providing swift access to Sierra Leone’s opportunities.

Citizenship Options:

Heritage Naturalization: Designed for individuals of African descent reconnecting with their roots, this pathway costs $100,000, plus $10,000 per additional family member. Approval is typically granted within 60 days.

Fast-Track Naturalization: This expedited option costs $140,000, plus $10,000 per additional family member. The process is completed in 90 days, offering rapid access to citizenship and its associated benefits.

Both options include integration into ECOWAS, granting mobility across 15 nations and access to regional trade and investment opportunities.

Key Design Considerations

JB: What factors influenced the program’s design?

Stephen Barnes: The program’s success stems from meticulous planning:

Legal Framework: Sierra Leone’s Chief Immigration Officer holds discretionary powers to grant residency, which we utilized while ensuring compliance with constitutional and regulatory standards.

Economic Synergy: By tying residency to gold investments, the program supports Sierra Leone’s mining sector and offers investors a secure, tangible asset aligned with LBMA standards.

Accessibility: Remote application processes and streamlined approvals within 40 days enhance the program’s appeal to global investors.

Security: Gold-backed investments and independence from global financial reporting systems provide privacy and stability.

Inclusivity: Extended family packages and pathways to citizenship ensure long-term benefits for multiple generations.

Development Process

JB: What were the initial steps in creating the GO-FOR-GOLD program?

Stephen Barnes: The journey began with a feasibility study covering legal, economic, and social aspects. We engaged with government officials, local stakeholders, and economic experts to align the program’s goals with national priorities. Benchmarking against global RBI/CBI programs informed our innovative approach.

Stakeholder Engagement: Transparent, iterative discussions with officials from immigration, justice, and finance departments were essential. This ensured alignment and trust across all levels of government.

Operational Excellence: We recommended establishing a dedicated administrative unit, integrating advanced technology for application management, and training staff to deliver the program efficiently and securely.

Marketing & Global Appeal

JB: How do you plan to attract investors to the program?

Stephen Barnes: Marketing strategies include participation in global investment forums, partnerships with established Residency & Citizenship By Investment practitioners, and targeted digital campaigns. High-quality content, such as video storytelling, enhances outreach, while the exclusive GFG Club connects investors with local leaders and opportunities in Sierra Leone.

Long-Term Vision

JB: What impact do you foresee for the GO-FOR-GOLD program?

Stephen Barnes: This initiative positions Sierra Leone as a leader in innovative investment migration solutions. By leveraging its natural resources, the program attracts meaningful foreign investment, fosters economic diversification, and enhances regional integration through ECOWAS.

Closing Thoughts

JB: Any advice for other immigration professionals designing similar programs?

Stephen Barnes: Focus on alignment with national priorities, robust legal frameworks, and operational efficiency. Creativity and innovation are essential- each program should offer something unique and impactful. Africa, with its untapped potential, is fertile ground for groundbreaking initiatives.

MORE

The GO-FOR-GOLD Website

The GFG Club – For All GO-FOR-GOLD Investor Stakeholders

How To Apply For PR In Sierra Leone

How To Apply For Heritage Citizenship

How To Apply For Fast Track Citizenship

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30

Dec 2024

Business Investment Visas – A Leg Up For Start Ups In Hong Kong

Posted by / in Investment Visas, Musing / 7 responses

After waaaay too much time had passed I finally made it to my first StartupsHK event held at the Hive last week. Casey Lau, serial entrepreneur and 15 year veteran of the  Hong Kong start up scene, put on a great show last Thursday, which I am pleased to share with you here on the Hong Kong Visa Geeza Blog.
20 years ago, when I started my first business here, straight out of law school, there was absolutely nothing going on amongst young and new-to-business entrepreneurs, beyond the rather muted and tepid ‘young chambers’ and ad hoc business networking circles. Had there been even 1% of the support back then as there is today, I feel certain, knowing what I know now, that at least 3 mistakes I have made in my career would likely have been avoided. And all key mistakes at that.
Thankfully, foreign nationals setting up in business in Hong Kong these days have never had it so good. Help, support, advice, intros, cheap co-working spaces and almost giveaway pricing on professional services are all but one internet click away. Our increasingly connected foreign national entrepreneurial economy is growing a solid pair of legs now. With the ground we’re breaking with our own internet focused service model, along with a couple of tricks we still have up our sleeve, there’s a lot of creative disruption in the making in this town and life is about to get very interesting. It’s a great time to be in business in Hong Kong.
So, go get your investment visa sorted, and come join in the fun!

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24

Dec 2024

A Harsh Decision – Why The Hong Kong Immigration Department Will Not Give My Client A Prolonged Visitor Visa

Posted by / in Family Visas, Musing, Visitor Visas / 7 responses

Exploring the Reasons Behind Prolonged Visitor Visa Denials for Non-Traditional Couples by the Hong Kong Immigration Department


I’ve written lots and lots previously about same sex partner visa applications for Hong Kong.

To recap, same sex partners who are in a loving committed life partner relationship and who have cohabited previously prior to their relocation here, can expect that the ‘trailing spouse’ will go on to procure a prolonged visitor visa in order for their joint lives to continue whilst their temporary stay in Hong Kong for work or business plays itself out.

What is not commonly appreciated is that the prolonged visitor visa is also the only immigration status available to unmarried heterosexual couples who find themselves in the same predicament – with a twist.

If the Hong Kong Immigration Department are to be persuaded to make an out of policy ‘positive act of discretion’ in respect of a prolonged visitor visa application for heterosexual partners, then those ‘defacto spouses’ must not only be in a loving committed life partner relationship and who have cohabited previously BUT they must also ‘be free to marry, but choose not to’.

Translated: if you are still legally married to a prior partner but, for any given reason a divorce has not yet been finalised, then you can give up all hope of trying to persuade the HKID to grant a prolonged visitor visa to the trailing partner.

OK – nothing new in this to be honest.

It’s the next part that gets strange.

I have a client who is bringing a very substantial business to Hong Kong (several million US dollar investment). He is also a considerable man of means due to prior business success in several other countries previously too.

For very good reasons he has not yet finalised the divorce from his first wife.

However, he has a ‘new family’ with several small children and this new family have lived together in several countries previously for at least the last 10 years.

Hong Kong is just the most recent of their homes as the business of this client is very international in nature and is very high value.

We can readily secure a business investment visa for him and dependant visas for their children.

But we can’t get her a prolonged visitor visa for the reason given above.

This should not be a problem, as we have a good argument for a prolonged visitor visa on the basis of the fact that she needs to be in Hong Kong to care for their children.

However, much to my surprise (and dismay) the HKID told me today that, due to her nationality (90 day visitor)  and also that this client had previously explained the current state of his divorce proceedings (should take another 12 months to complete) they are not prepared to make a positive act of discretion and grant her a prolonged visitor visa to be in Hong Kong through such a time that the divorce is finalised.

Their logic is that she will receive 90 days as a visitor upon each arrival and that, if the border Officer is appraised of the circumstances of her long term need to be in Hong Kong with their children whilst the activities to create the conditions (i.e. the divorce) empowering an upgrade in her immigration status are ongoing, practically, my clients’ lives shouldn’t be unduly inconvenienced especially if the normal pattern of their lives see them making an exit and an entry from Hong Kong reasonably frequently.

Moreover, we always have the option of making the occasional application for an extension to her visitor visa at Immigration Tower on the basis that their ‘normal’ travel plans as a family see her being in Hong Kong for more than a 90 day stretch.

These factors, to their mind, suggest that an out of policy positive act of discretion is not required.

So, go figure.

I have – and I am going to suggest the Capital Investment Entrant Scheme (HKD10 million investment in certain Hong Kong asset classes) instead.

It’s crazy that the Department are not prepared to play ball in this instance.

They are obviously a family, have dealt with immigration challenges in several countries previously and each time come up with an acceptable outcome.

In this case, Hong Kong comes out looking regressive and bureaucratic, not positive and forward looking. And it saddens me.

It’s only a visitor visa after all. All they want is to be free of administrative brouhaha.

The irony is that this client could, conceptually, determine to pull his plans for Hong Kong – and with it dozens of very well paid professional jobs for Hong Kong locals.

He doesn’t need to be here. Singapore is an option.

The  HKID get it right the vast majority of the time. In this instance, they are dead wrong.

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23

Dec 2024

What Do Both Hong Kong Employment & Investment Visa Applications Share In Common?

Posted by / in Employment Visas, Hadley Says…, Investment Visas / 15 responses

The approvability tests for both employment visas and investment visas, whilst fundamentally different, call for an examination of the applicant’s special skills, knowledge and experience which can be said to be of value to Hong Kong.

In the case of an employment visa, the focus is squarely on the personal profile of the applicant, while in an investment visa application, the background of the applicant is only a minor part of the consideration exercise.

You see, for an investment visa, the approvability test looks for proof that the applicant can make a substantial contribution to the economy of Hong Kong.

A small part of this is the applicant’s track record in business, meaning his skills, knowledge and experience which can be deployed to ensure that the business stands a good chance of becoming a solidly entrenched commercial enterprise.

The major part of the investment visa approvability test, though, is the business itself the funding available, commerce in hand and the potential for the creation of local jobs.

But in the case of an employment visa, the quality of the applicant’s CV is vital.

For an investment visa, you can have almost no experience in prior business ownership and still get approved.

For an employment visa, however, no related experience usually no means no visa to boot.

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20

Dec 2024

Why Do The Immigration Department Prefer A Limited Liability Company To Underpin A Hong Kong Investment Visa Application?

Posted by / in Hadley Says…, Investment Visas / 4 responses

This post deals with the reasons why the Immigration Department favors limited liability companies in the process of Hong Kong investment visa applications.

Conceptually, it is possible to promote an application for a Hong Kong investment visa if you have entered into either a partnership at will or a sole proprietorship business in the HKSAR.

But what the Hong Kong Immigration Department make of this is arguably not going to do your case any favours!

You see, the Immigration Department systems are geared towards the Hong Kong incorporated limited liability company as the preferred business vehicle for your time spent in Hong Kong as a business investment visa holding foreign entrepreneur.

Indeed, all of their standard communications and documentary requisition lists detail the exact papers availed when your business has been duly established as a limited liability company here.

Even though establishing a sole proprietorship or partnership at will is just a simple matter of applying (and paying) for a Business Registration Certificate issued by the Inland Revenue Department, by not formally incorporating your business in Hong Kong, you are sending a message to the Department about your level of sophistication as you prepare to undergo your act of investment here.

The Hong Kong Immigration Department might conclude that you’re simply trying to do business ‘on the cheap’ – which is the antithesis of what the they expect to see when considering an investment visa application.

Remember, businesses on a shoe string struggle to get approved.

If you can’t afford to incorporate, the question really is begged, as to whether you’ll actually get an investment visa after all.

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19

Dec 2024

I Will Only Be Working In Hong Kong For 6 Weeks – Should I Bother Getting An Employment Visa?

Posted by / in Employment Visas, Hadley Says… / 3 responses

Hong Kong immigration law is very clear about the need for foreign nationals to secure permission to work in Hong Kong via applying for an employment visa.

If you intend to come here to take up employment, paid or unpaid, for long or short duration, for a local or an overseas employer, you need to secure the consent of the Director of Immigration.

This means that you have to make an application for an employment visa, before you arrive in Hong Kong to commence the employment.

The Hong Kong Immigration Department are very familiar with the need for foreigners requiring such short term temporary employment visa consents and will work earnestly with you to try to finalise such applications as quickly as possible, even anticipating round-pegs-in-square-holes quirks over such issues as a valid sponsor and the employing entity.

So, whilst most foreign nationals secure a 90 day or even a 180 day visitor visa upon arrival in Hong Kong, undertaking  any work  on such a visitor visa will be a breach of your conditions of stay and will make you, and other  person party to such an employment, vulnerable to prosecution for a breach of conditions of stay.

There’s no need to be concerned about getting the employment  visa so don’t be hesitant (or lazy) in applying.

Start the process at least  4 weeks before you’re due to arrive, fully disclose your intentions and objectives and let the HKID take a view and ensure that you’re compliant with Hong Kong law whilst you’re on the job here.

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Can I Come To Install Equipment In Hong Kong Without An Employment Visa?

How Can An Overseas Company Temporarily Sponsor An Employment Visa For Hong Kong?

The Perils Of Contriving A Job Offer Just For The Purposes Of A Hong Kong Employment Visa Application

How Flexible Is The Admission Of Mainland Talents & Professionals Scheme In Enabling Chinese  Nationals To Come And Live And Work In Hong Kong?

Is It Ever OK To Work In Hong Kong On An Visitor Visa?

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18

Dec 2024

What Visa Category Do You Think You Need For Hong Kong?

Posted by / in 60 Second Snapshot, Employment Visas, Family Visas, Investment Visas, Special Programmes / 11 responses

Choosing the Right Visa Category: What You Need to Know Before Applying for Visa in Hong Kong

It is important to understand that Hong Kong is quite different, from an immigration perspective, than most other jurisdictions as residence visas are only available to foreign nationals to accommodate their specific reason for wishing to live in Hong Kong.

There are no ‘quality of life’ immigration programmes here like there are in countries such as New Zealand, the UK, Australia or Canada that allow you to apply for temporary or permanent residence simply because you like the place.

So, if you want to secure a visa for Hong Kong you need a rationale – and then you apply for a visa to pursue that rationale.

For example, if you wish to study, you apply for a student visa.

If you wish to take up employment, you need an employment visa – and a job offer before you make an application.

If you want to establish or join in a business, you need an investment visa.

If you wish to passively invest, you use the Capital Investment Entrant Scheme or if you believe you are a top notch talent you can apply under the Quality Migrant Admission Scheme.

If you’re here to join your immediately family, you secure a dependant visa.

And so on….

Consequently, your immigration options in Hong Kong are quite limited and are anchored squarely to the specific rationale.

There really is no visa type that is catch-all or ‘best suited’ to you. At the end of the day, you have to decide why it is that you wish to be in Hong Kong, and apply for the exact visa that correlates with that rationale.

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How Can My Fdh Visa Holding Fiance Transition Into A Dependant Visa With 6-12 Months To Run Before We Get Married?

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The Economy At Home Is Very Bad – What Investment Visa Options Exist For You In Hong Kong?

Is The Travel Pass As Good As A Hong Kong Employment Visa?

The Reality For Same Sex Partner Visa Applicants In Hong Kong

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