Botswana has announced a citizenship-by-investment program as part of efforts to secure long-term financial stability and reduce reliance on diamonds, its top export.
President Duma Gideon Boko, speaking in New York, said the scheme will raise funds for key sectors such as housing, tourism, renewable energy, mining, and financial services. The investment threshold required for citizenship has not yet been disclosed.
The initiative comes amid a prolonged slump in global diamond markets, which pushed Botswana’s economy into a 3% contraction last year and is forecast to shrink again in 2025.
Earlier this month, the government set up a sovereign wealth fund to drive diversification, create jobs, and better manage state-owned companies. The country has also faced strain in its healthcare system, declaring a public health emergency in August due to supply chain failures.
To implement the program, Botswana signed a memorandum with Arton Capital, a global investment migration consultancy.
“This program will enable us to continue to secure the long-term financial future of Botswana,” President Boko said.
With diamonds under pressure, Botswana is positioning citizenship investment as a new lever for economi
