Namibia•AfricaVaries
Free
Varies (Renewable, pathway to permanent residency after 5+ years of business operation)
No
Not Required
Not Specified
Available
Not Required
Allows foreign nationals to establish, own, or invest in a Namibian business with a minimum NAD 2 million investment — renewable up to 5 years with a pathway to permanent residence after 7 years.
The Business Investment Permit is designed for foreign entrepreneurs and investors who intend to establish, own, or invest in a business within Namibia. This permit allows the holder to reside in the country legally while managing their enterprise. Unlike a standard employment permit, this category focuses on the economic contribution of the applicant's business, such as its potential to create jobs for Namibian citizens, introduce new technologies, or stimulate growth in specific sectors. The application is often evaluated by the Namibia Investment Promotion and Development Board (NIPDB) to ensure the venture aligns with national economic goals.
To be successful, applicants must provide a robust business plan, proof of legal business registration, and evidence of the capital investment. While the permit grants the right to work within one's own enterprise, it does not automatically allow the investor to take up employment elsewhere. The process is complex and requires coordination with various Namibian authorities, including the tax agency and the business registry. It is an ideal pathway for serious investors looking to establish a long-term presence in the Namibian market.
Visas you can typically switch to from this status.
Business must be registered with the Business and Intellectual Property Authority (BIPA)
Must demonstrate a viable business model or growth strategy
Must show potential for national economic impact or job creation for Namibians
Proof of sufficient financial resources for the investment
Valid passport with at least 6 months validity
Good health and good conduct certificates
Education
none or higher
Investment
2,000,000 EUR
Completed and signed Visa and Work Permit Application Forms
Comprehensive business plan or growth strategy
Proof of business registration (BIPA founding statements)
Company Tax Registration and Good Standing Certificate (NamRA)
Proof of financial resources/capital investment
Motivation letter on company letterhead
Original Police Clearance Certificate
Original Medical and Radiological Reports
Two passport-sized photographs
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