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Kenya Investment Authority is developing a residency-by-investment programme targeting foreign investors who commit substantial capitalThe proposal revives a plan first considered in 2019 that was never implemented, and would require new legislation to take effectKenya’s startup ecosystem attracted $984 million in funding in 2025, the highest on the continent
Kenya is developing a golden visa scheme that would grant long-term residency to foreign investors, including Nigerians, as the country seeks to consolidate its status as East Africa’s premier investment destination.
The Kenya Investment Authority, known as Invest Kenya, is drafting a residency-by-investment programme that would offer permanent residency to individuals who commit significant capital and generate employment in the country.
New Kenyan Golden Visa seeks to attract Nigerian investors. Credit: PHILL MAGAKOE / ContributorSource: Getty Images
The agency’s chief executive, John Mwendwa, confirmed the plan in an interview with Business Daily on Thursday, July 16, 2026.
He said:
“We are exploring residency by investment.
