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Top 5 countries for Nigerians, other foreigners looking to start a business abroad

Starting a business in foreign countries can be a game-changer, but choosing the right destination is crucial.
This guide highlights the best countries for international entrepreneurs based on business-friendly policies, low taxes, and market access.
Top Countries for Foreign Entrepreneurs
1. Singapore
Singapore is one of the top choices for international entrepreneurs due to its strategic location, strong economy, and business-friendly environment. The country offers a stable political climate, world-class infrastructure, and a highly skilled workforce, making it an attractive destination for startups and multinational companies alike.
One of Singapore’s biggest advantages is its low corporate tax rate of 17%, with multiple exemptions for startups, including the Start-Up Tax Exemption (SUTE) scheme. In addition to its favorable tax policies, Singapore provides a highly efficient business registration process, allowing companies to be incorporated within a day.
Singapore also boasts extensive trade agreements, making it easier for businesses to access global markets. These agreements simplify import/export processes and reduce trade barriers, helping businesses scale faster. The government further supports innovation through grants and incentives, making it an ideal location for startups and tech firms.
2. Hong Kong
Hong Kong is another top destination for entrepreneurs due to its strategic location and business-friendly regulations. As a major financial hub, Hong Kong offers a low and simple tax system, with a corporate tax rate capped at 16.5%. There is no VAT, capital gains tax, or withholding tax, making it highly attractive for business owners looking to maximize profits.
Hong Kong’s proximity to Mainland China provides businesses with direct access to one of the largest consumer markets in the world. The city also has a transparent and well-established legal system based on British common law, offering strong protections for businesses and intellectual property.
Setting up a business in Hong Kong is a seamless process, with minimal bureaucracy and a fast incorporation process. Entrepreneurs can establish a company within days, and there are numerous government initiatives supporting business growth, particularly in finance, technology, and trade.
3. United Kingdom
The UK is an excellent choice for foreign entrepreneurs due to its strong economy, well-developed infrastructure, and business-friendly policies. It has one of the most competitive corporate tax rates among G20 countries, making it attractive for startups and established businesses alike.
The UK is committed to fostering innovation and research, offering numerous incentives for businesses in technology, healthcare, and finance. The government provides tax relief for R&D investments, and various startup accelerators and funding programs are available to help businesses grow.

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Another key advantage of doing business in the UK is its skilled workforce. The country has introduced new visa routes, such as the High Potential Individual and Scale-up visas, to attract global talent. Operating in an English-speaking environment simplifies communication and global expansion, making it more attractive to a wider foreign audience.
4. New Zealand
New Zealand consistently ranks high in the Ease of Doing Business Index, thanks to its straightforward company registration process, stable economy, and supportive business environment. Foreign entrepreneurs can set up a business in as little as a day, with minimal regulatory hurdles.
The country offers a high quality of life, government-funded universal healthcare, and a favorable work-life balance, making it an attractive location for business owners and their families. Additionally, New Zealand provides access to key markets in the Asia-Pacific region, allowing businesses to expand easily.
Government support for businesses is strong, with initiatives aimed at helping startups succeed. New Zealand also has a strong focus on sustainability, making it an excellent choice for entrepreneurs in green technology, agriculture, and renewable energy industries.
5. United Arab Emirates
The UAE is a major business hub with numerous advantages for entrepreneurs. One of the biggest attractions is its zero corporate tax policy in many free zones, allowing business owners to retain more of their profits.
Located at the crossroads of Europe, Asia, and Africa, the UAE offers unparalleled strategic access to international markets. Dubai and Abu Dhabi serve as global trade centers, making them ideal locations for logistics, finance, and technology companies.
Setting up a business in the UAE is quick and efficient, with various free zones providing incentives such as full foreign ownership, repatriation of profits, and streamlined visa processes. The country’s world-class infrastructure and business-friendly laws further enhance its appeal.
Vanguard News
The post Top 5 countries for Nigerians, other foreigners looking to start a business abroad appeared first on Vanguard News.
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Tinubu ‘planted his men everywhere’ for 2027 – APC chieftain Joe Igbokwe

A chieftain of the All Progressives Congress (APC), Joe Igbokwe, has claimed that President Bola Tinubu has strategically positioned key allies across various sectors to secure his re-election in 2027.
In a post on his official Facebook page on Monday, March 17, Igbokwe asserted that Tinubu began planning for a second term even before assuming office.
He expressed confidence that opposition candidates would struggle to defeat the president.
“The truth is that those who want to challenge PBAT in 2027 are not as smart as he is,” Igbokwe wrote.
“Before he even stepped into Aso Villa, he had started planning for 2027. His challengers may not know that the Apamaku (master strategist) had already planted his men everywhere.”
His statement comes amid allegations from opposition figures that Tinubu is deliberately causing internal crises within rival political parties to weaken any challenge to his rule.
Former Vice President Atiku Abubakar has accused the ruling APC of orchestrating leadership struggles within the Peoples Democratic Party (PDP) and Labour Party (LP).
According to Atiku, these alleged interferences are part of a broader strategy to suppress political opposition ahead of the next general elections.
While the presidency has not officially responded to these claims, political analysts say the growing tensions suggest an intense battle ahead for Nigeria’s 2027 elections.
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Suspected kidnapper arrested after collecting ransom in Delta

The Delta State Police Command has arrested a suspected kidnapper after he collected ransom before releasing his female victim. Spokesperson of the command, SP Bright Edafe, who disclosed this in a statement on Monday, March 17, 2025, said the suspect identified as Abdulahi Isah, was arrested in a bush five days after he abducted the woman in Ibusa community, Oshimili North Local Government Area of the state. On 12/3/2025, at about 1100hours, an indigene of Ibusa (name withheld) reported at Ibusa Police station that his friend’s wife was kidnapped on 7/3/2025 and a ransom was paid and that he was the person who delivered the ransom and other food items to the kidnappers, the statement read. ” Acting on useful information provided by the said man the DPO Ibusa Police Station swiftly mobilized the patrol team of Ibusa division alongside vigilantes and stormed the bush where the suspect Abdulahi Isah was arrested. The suspect is in custody and the investigation is ongoing.The post Suspected kidnapper arrested after collecting ransom in Delta appeared first on Linda Ikeji Blog.
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Anambra 2025: Concerns mount over LP aspirant’s alleged ties to APGA

As the Anambra State gubernatorial election approaches, concerns have emerged within the Labour Party (LP) over allegations that one of its aspirants may have undisclosed ties to the ruling All Progressives Grand Alliance (APGA).
A senior Labour Party figure, who requested anonymity, expressed worry that an external force might be backing the aspirant with the intent of weakening LP’s prospects in the November 8 election.
The chieftain alleged that APGA is reportedly facilitating the aspirant’s political engagements, particularly his local government tour.
READ ALSO: APC screens Val Ozigbo, Okonkwo, 5 others for Anambra governorship ticket
“There is strong suspicion that APGA is behind his moves. The aim may be to ensure he secures the LP ticket but later runs a weak campaign, ultimately favouring the ruling party,” the source claimed.
These concerns have triggered internal discussions within the LP, as party stakeholders strategise to avoid potential sabotage.
Some members fear that if the allegations are true, it could significantly affect the party’s electoral performance.
READ ALSO: Anambra 2025: APC chieftain reacts to scramble over zoning principle
The party has yet to make an official statement on the matter, but insiders suggest that leadership is closely monitoring the situation.
As political activities heighten ahead of the polls, the LP is expected to scrutinise all candidates vying for its ticket to ensure the party remains competitive.

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The Anambra governorship election is set to be a fiercely contested race, with major political parties positioning themselves for victory.
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