Ghana has signed a landmark agreement with diaspora organizations to facilitate investment and remittances from Ghanaians living abroad. The agreement creates a formal framework for diaspora contribution to national development.
Provisions include:
- Dedicated diaspora investment fund
- Tax incentives for diaspora businesses
- Real estate ownership facilitation
- Skills transfer programs
- Dual citizenship processing improvements
The Diaspora Affairs Office reported that Ghanaian diaspora remits over $4 billion annually. The new framework aims to channel more of these resources into productive investments.
