Visa service provider BLS International Services Ltd. has signed a definitive agreement to acquire a 100% stake in Dubai-based advisory firm Citizenship Invest (CI) for $31 million.
The acquisition is likely to be fulfilled by the end of October after mandatory approvals.

A trusted global tech-enabled services partner for governments and citizens, BLS International is a preferred partner for embassies and governments across the world. It has established benchmarks in the domain of visa, passport, consular, e-governance, attestation, biometric, e-visa and retail services, in addition to providing citizen services to state and provincial governments.

CI, on the other hand, specialises in fast-track investor programmes for obtaining residence and citizenship across more than 15 countries. Founded in 2009, it has continued to be a key player in the citizenship and residency application market.

Shikhar Aggarwal, Joint Managing Director of BLS International Services, said, “The company’s outstanding 99% application success rate, combined with its high revenue per application, aligns perfectly with our customer-centric philosophy. By integrating CI into our portfolio, we are enhancing our capabilities in offering long-term visa solutions and further solidifying our position as a comprehensive global provider of visa and consular services.” – editor@nrifocus.com