Japa calculator reports relocation costs fall up to 19% as naira strengthens

The State of Japa 2026 Q3 report released by Japa Calculator says the cost of relocating abroad from Nigeria fell by between 2% and 19% in naira terms over the past year. The decline is linked to the naira’s appreciation against major currencies, not to lower visa or living expenses.

The naira strengthened by about 8% against the US dollar and British pound and by 11% against the euro during the review period. The report examined relocation costs across 21 countries and estimated that moving now costs between N2.8 million and N22.1 million, depending on destination and immigration pathway. Calculations included visa and government fees, proof‑of‑funds requirements, a one‑way flight from Lagos and three months’ accommodation.

Visa fees and immigration requirements have risen in several destinations. In March 2026, the United Kingdom increased its Skilled Worker visa fee from £769 to £819 and its student visa fee from £524 to £558. In the United States, routine visa processing shifted exclusively to Lagos from 1 August 2026 after services at the Abuja embassy were suspended, potentially adding travel costs for applicants from other regions.

The report attributes the lower naira‑denominated costs mainly to exchange‑rate movements. It cautions that relocation may not be cheaper in foreign‑currency terms because visa fees remain high. The naira’s recovery is linked to improved foreign‑exchange liquidity, rising external reserves and greater capital inflows, a trend the World Bank recognised when it listed the naira among Africa’s more resilient currencies in Q2 2026, noting a maximum depreciation of only 2.6% despite broader continental pressures.