European Residency in 90 Days
A prominent Nigerian entrepreneur, controlling a diversified portfolio of energy and telecommunications ventures valued at over $200 million, approached Broadment to secure European residency through strategic property acquisition. The principal sought a Golden Visa pathway that would provide Schengen mobility for his family while generating rental income and long-term capital appreciation in a stable EU jurisdiction.
Challenge
The client required a property investment that met minimum Golden Visa thresholds while avoiding title complications, developer defaults, or overpriced acquisitions common in emerging real estate markets.
Existing property options lacked clear documentation trails, creating uncertainty around ownership registration, tax compliance, and eligibility certification for immigration program approval.
The client’s substantial wealth required enhanced source-of-funds verification across multiple Nigerian and international banking relationships, triggering extended due diligence protocols from both program authorities and financial institutions.
Any property defect or regulatory non-compliance risked residency rejection, capital loss, and potential exposure to fraud schemes targeting high-net-worth African investors in European real estate markets.
Solution
Broadment sourced a luxury residential development in Athens, conducting comprehensive title due diligence, structural assessments, and valuation verification before presenting the opportunity to the client.
Our legal team negotiated favorable purchase terms, coordinated all tax registration and property transfer documentation, and secured pre-approval from Greek immigration authorities before capital deployment.
We completed the entire transaction within four months, securing Golden Visa approval for the client, his spouse, and three dependent children with full Schengen access and renewable five-year residence permits.
The property now generates consistent rental income exceeding six percent annually, with capital appreciation of eighteen percent since acquisition. Broadment continues to manage property oversight, annual compliance filings, and renewal preparations on behalf of the family.
