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Interest for Trump’s $5m Golden Visa Dwindles

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US golden visa

The latest analysis from Astons reveals that online search interest in Donald Trump’s US Gold Card has rapidly dwindled in the days following the President’s announcement, while interest in European Golden Visa programmes has remained steadfast.

The US President has announced plans to introduce a “Gold Card” visa scheme through which he hopes wealthy foreigners will invest at least $5m in the US economy in exchange for what Trump calls “Green Card privileges“.

Astons has analysed global Google search trend data* for terms related to Golden Visas in the days and weeks following Trump’s announcement and found that while there was an initial flurry in search interest, this quickly dwindled. And even at its peak,  it never surpassed the interest garnered by the Golden Visa programmes offered by Spain and Greece.

In the 10 days immediately following Trump’s Gold Card announcement, the online search interest score for the term ‘US golden visa’ averaged out at 27.90. Meanwhile, the term ‘US gold card’ scored 24.10, while ‘Trump golden visa’ scored 22.20.

During the same time frame, search interest in European Golden Visas was significantly stronger. ‘Spain golden visa’ scored 38.90, while interest in ‘Greece golden visa’ was scored at 36.50.

However, after this initial 10 days following the announcement, interest in Trump’s offering rapidly decline, as during the subsequent 10-day period,  search interest in ‘US gold card’ fell by -82.6%, interest in ‘Trump golden visa’ fell by -76.1%, and interest in ‘US golden visa’ fell by -55.6%.

At the same time, interest in European golden visa programmes remained steadfast.

In fact, interest in ‘Greece golden visa’ increased by +1.1%, while interest in ‘Spain golden visa’ remained unchanged at 38.90.

Astons Business Development Director and Head of Astons Cyprus Office, Denis Kravchenko, commented:

“Donald Trump’s plan to introduce what is essentially a residency by investment program that, apparently, provides a quick path for citizenship to the US has understandably generated a surge in interest and speculation. But the $5m price tag is likely going to be far too high to result in a large enough level of uptake for it to reduce the US’s national debt as it is intended to do.

It is also possible that this new programme could become more popular than America’s existing EB-5 visa programme which already offers green cards to those who are willing to invest between $800,000–$1m into the US economy, so doubts around investors now being willing to pay a substantially higher price for residency are well-founded.

Should Trump decide to scrap the EB-5, one of the world’s oldest residency by investment programmes having been introduced by President George H. W. Bush under the Immigration Act of 1990, it will be all the more surprising given that 2024 saw 5,000 applications for the programme, marking an annual uplift of 85%.

It remains unclear whether Trump’s program will offer any substantial advantages—such as expedited processing – currently, the EB-5 path to a green card takes between one and ten years depending on nationality with the absence of stringent background checks—to motivate investors to commit more funds.

Trump may face further challenges due to there being other countries in the world that offer far more accessible programmes. Investors can, for example, qualify for Maltese citizenship through exceptional naturalisation for an investment of around 1 million euros, for which an investor can obtain citizenship to an EU member state in an average of 1.5 years without the need for permanent relocation.

Then there are the multitude of European Golden Visa programmes that are also far more budget-friendly than Trump’s new initiative. Hungary launched a new residency program in summer 2024, requiring a minimum investment of at least 250,000 euros,  and Portugal’s offer starts at a minimum investment of 500,000 euros.

However, it’s Greece’s Golden Visa opportunities that are proving most popular of all,

Despite the entry investment threshold recently being raised, it is still possible to obtain residency by purchasing property for just 250,000 euros. Somewhat ironically, it’s young Americans who are driving the recent surge in demand for Greek Golden Visas which, in 2024, set a record, issuing 17,194 visas (based on 11 months of data).”

Travel/Tourism

Cargoplug Expands Logistics Operations to UK Market

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Ujama Kikelomo Cargoplug

By Adedapo Adesanya

Nigerian cross-border logistics company, Cargoplug, is making inroads into the United Kingdom market with the launch of its first self-managed hub, which will allow the firm to manage operations directly, reducing delivery timelines whilst offering more affordable shipping rates.

According to a statement, the move comes in response to growing and evolving customer demands and the corresponding need to bolster its service offerings across the UK-Nigeria trade route.

As trade volumes and diaspora connections between Nigeria and the UK continue to surge, Cargoplug wants to capitalise on the opportunity while also tapping into initiatives like the Enhanced Trade and Investment Partnership (ETIP), which is projected to further boost trade between the two nations.

With this expansion, Cargoplug, which is backed by Techstars D.C. Accelerator Program, supported by JP Morgan, strengthens its position as a key player in transatlantic logistics, delivering faster shipping, competitive rates, and smooth import-export services between Europe and both nations by air and sea.

Founded in Nigeria in 2013 by Mrs Kikelomo Fola-Ogunniya and Mrs Ujama Akpata, Cargoplug (formerly Jand2Gidi) started with a mission to solve the everyday challenges people face when sending and receiving goods between the UK and Nigeria.

The duo created a solution that fixed the pain points experienced by individuals and businesses, ensuring a faster, transparent, more affordable, and reliable service banking on its proprietary technology to also serve B2B and B2B2C markets.

In addition, Cargoplug offers seamless API integrations with clients, including e-commerce platforms, logistics providers and global lifestyle brands. This enables clients to improve service delivery and revenue flows by offering the same value-added logistics services to their customers, spanning efficient cross-border and nationwide deliveries and covering everything from overseas pickup and customs clearing to insurance and last-mile delivery.

Also, the company has already fulfilled over 1 million packages in the past 12 years and is now one of the fastest-growing logistics partners for high-growth businesses in fashion, manufacturing, construction, procurement and oil services.

Mrs Fola-Ogunniya, co-founder at Cargoplug commented, “After over a decade of exponential growth through valued partnerships, we’re thrilled to launch our first self-run UK hub. This sees us doubling down on our commitment to being the go-to logistics firm for the movement of goods between the UK and Nigeria. This is a mission that originated after our firsthand experience of the challenges of costly, delayed, and opaque shipping fees, tariffs and processes after returning to Nigeria from studying in the UK. Establishing our on-the-ground presence here was the natural next step in our growth as a company, even as we now set sights on some of our other high traffic markets such as the US, Turkey and China”

“With our new UK hub, customers can now either drop off their goods, send them to us directly, or have us pick up from anywhere in the UK,” added Mrs Akpata, co-founder of Cargoplug. “We are now able to streamline operations and cut our prices, all while maintaining our reliable weekly Thursday dispatch and 7 to 10 working day delivery window. We look forward to better serving our growing customer base and delivering the trusted, seamless logistics experience Cargoplug is known for.”

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NIPOST, KLM Royal Dutch Airlines Seal Logistics Deal

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NIPOST

By Adedapo Adesanya

The Nigerian Postal Service (NIPOST) and the KLM Royal Dutch Airlines have signed a direct international mail partnership to boost delivery and ease bottlenecks around Nigerian logistics.

The Postmaster General of NIPOST, Mrs Tola Odeyemi, confirmed this agreement between both parties, describing its as a milestone in many years.

According to Mrs Odeyemi, NIPOST operated without any direct partnerships with international airlines, relying heavily on multiple third-party handlers, resulting in delays, higher costs, and uncertainty around the delivery of packages.

“With this new partnership, KLM will now handle our outbound international mail directly, with no middlemen involved,” she wrote in the announcement on X, formerly, known as Twitter, noting that the deal will bring faster and more reliable delivery, reduced risk of loss or damage, lower handling charges, and access to over 200 countries through KLM’s global network.

KLM Royal Dutch Airlines is the national carrier of the Netherlands and offers services – passenger and cargoes – to 164 destinations worldwide and boasts about 116 aircrafts as of 2025.

“This breakthrough is possible because we have begun clearing longstanding debts owed to international carriers. We are actively working to rebuild global trust, and this partnership is only the first of many doors that will reopen,” she added.

She also noted that NIPOST is currently in strategic discussions with Ethiopian Airlines to serve African and Eastern routes, further strengthening the country’s regional and continental logistics framework.

“Our goal is clear and unwavering: to connect Nigeria regionally and globally, efficiently, securely, and affordably,” she noted.

The NIPOST chief also noted that the development serves as a major win for Nigerian businesses especially Small and Medium Enterprises (SMEs).

According to her, some of the benefits cover those who export goods, or sell products online, as it introduces quicker, more affordable international shipping, greater peace of mind with improved reliability, and new potential to reach and grow in global markets.

“I remain grateful to the incredible teams working diligently behind the scenes, and to every Nigerian who continues to believe in our mission. We are not just delivering mail, we are delivering solutions and moving Nigeria forward,” she added.

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Travel/Tourism

US Safety Board Blames Pilot Error for Wigwe Helicopter Crash

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Profile of Herbert Wigwe

By Aduragbemi Omiyale

The pilot of the helicopter crash that led to the death of the chief executive of Access Holdings Plc, Mr Herbert Wigwe, and two other members of his nuclear family and a friend on February 9, 2024, in the United States has been blamed for the incident.

In its report, the United States National Transportation Safety Board (NTSB) also blamed the company for “inadequate oversight of its safety management processes.”

Mr Wigwe died in the air mishap alongside his wife, Mrs Doreen, his son, Mr Chizi, and a friend, Mr Abimbola Ogunbanjo, who chaired the Nigerian Exchange (NGX) Group Plc.

They died after the small aircraft with registration number N130CZ carrying six persons crashed near the Nevada border in California. They were going for a match in the US when the unfortunate incident happened.

In the report released on Wednesday, the safety board noted that the crash occurred due to the pilot’s inability to navigate effectively in some conditions.

“The probable cause of this accident [was] the pilot’s decision to continue the visual flight rules flight into instrument meteorological conditions, which resulted in the pilot’s spatial disorientation and loss of control,” a part of the report stated.

It was observed that during the flight, the pilot had communicated with the company’s Director of Maintenance (DOM) about an issue with the radar altimeter, which remained non-functional despite attempts to fix it.

The NTSB further revealed that after arriving at the airport to pick up the passengers, the pilot and a company flight follower engaged in a phone conversation but failed to discuss the status of the radar altimeter or the current weather conditions, both of which could have impacted the flight’s safety.

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