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New York, NY

Building senior living communities in Ghana for African American retirees seeking affordability, community, and cultural connection.

• Unique market gap: No established senior living infrastructure exists in Ghana, offering a rare first-mover advantage.
• Proven founder with deep community ties: The founder brings experience in financial literacy, nonprofit leadership, and real estate operations.
• Cultural alignment: The project speaks directly to a growing demographic of African American retirees seeking reconnection with ancestral land.
• Compelling cost dynamics: Income is earned in USD while most operating expenses are in local Ghanaian cedis.
• Scalable model: Planned expansion to multiple Ghanaian cities and eventually to other African countries popular with expats.

Monarch Village GH is developing the first senior living community tailored specifically for African American retirees relocating to Ghana. With no established retirement housing infrastructure currently available in the country, this project addresses a growing demand fueled by rising U.S. living costs, increased migration interest among older African Americans, and the strength of the U.S. dollar relative to the local currency. The community will feature 144 self-contained efficiency apartments across a 40-acre campus, supported by on-demand healthcare, social and recreational amenities, and essential services for older adults. Monarch Village is not just a residential option, but a holistic lifestyle solution that fosters comfort, dignity, and community for retirees abroad.

The development is designed to meet the evolving preferences of single senior women and other retirees who are exploring Ghana as an alternative to traditional retirement destinations. The project leverages income in U.S. dollars while managing expenses in Ghanaian cedis, providing a strategic cost advantage. Additionally, revenue will be supported by services like short-term rentals for visitors, premium storage, and double-occupancy units. With high projected retention among residents, a clear construction roadmap, and plans for national and regional expansion, Monarch Village is positioned as a pioneering force in the African senior housing space. The founders aim to create a replicable model that not only meets housing needs but also honors the spiritual and cultural motivations behind the return migration movement.

Company Info

Monarch Village is a senior living community in Ghana tailored for African American expats seeking affordable and supportive retirement options.

Monarch Village is a senior living and retirement housing initiative designed to serve African American expats seeking affordable, community-oriented lifestyles in Ghana. The development is centered on a 40-acre community that will feature 144 self-contained efficiency apartments with a wide range of on-site amenities such as medical suites, a fitness room, library, activity center, dining space, salon, spa, wine lounge, and farming facilities. The community is intended to foster connection, health, and well-being for residents, with services tailored to meet the needs of seniors, especially single women over the age of 55.

The project identifies Ghana as its flagship location due to its reputation among Americans as safe and welcoming, with plans to expand to other regions in Ghana and to five additional expat-friendly African countries including Kenya, Rwanda, Liberia, Senegal, Tanzania, and The Gambia. The initiative leverages a cost advantage by generating income in U.S. dollars while incurring the majority of expenses in Ghanaian cedis. Additional revenue will come from services like storage rentals, premium unit upgrades, and Airbnb-style guest stays. The target demographic includes primarily older single women, with most residents expected to remain long-term. Monarch Village also responds to rising interest in alternative retirement destinations outside the United States.