🇪🇸 Diaspora investing · Spain
Buy Nigerian shares from Spain
Nigerian citizens living in Spain — in Madrid, Barcelona, Valencia or anywhere across the country — can buy and own NGX-listed shares directly in their own name through Shares Saver. A valid BVN and Nigerian bank account are required.
A Nigerian bank account. Many people abroad send money to their naira account first, then fund from there.
A valid Bank Verification Number and your Nigerian international passport. Nigerian citizens only.
Registered to your legal name with the Nigerian registrar and the CSCS — not a platform balance.
Eligibility
Who can invest
Nigerian citizens only
Only Nigerian citizens are currently eligible to invest through Shares Saver.
BVN required
A valid BVN (Bank Verification Number) is required to open an account.
Nigerian bank account required
Spanish bank accounts (EUR) cannot be used for funding. A Nigerian bank account is required.
What Spain-based investors should know
Funding from Spain: use your Nigerian bank account
Spanish bank accounts (EUR) cannot be used to fund Shares Saver. You will need to use your Nigerian bank account. Many Nigerians in Spain use remittance services to transfer EUR to naira first, then fund their account.
Spanish tax considerations
Spanish residents are taxed on worldwide income. Foreign assets and income from Nigerian shares may need to be declared to the Agencia Tributaria. Spain also has a model 720 obligation for foreign assets over certain thresholds. Consult a Spanish asesor fiscal before investing.
Important disclaimer
This page is for educational purposes only and does not constitute investment, tax, or legal advice. The value of shares can fall as well as rise.
Questions