Namibia, a country in southwest Africa, is widely acknowledged for its exceptionally stable political and economic climate. It stands out as a premier tourist destination on the African continent, boasting abundant wildlife and some of the world’s tallest sand dunes. The Namibian government actively facilitates opportunities for global investors who aim to establish a presence and thrive within Africa. This support includes attractive tax incentives, financing options, and a comprehensive one-stop bureau service tailored to international companies. For those seeking work permits and residence rights in Namibia, investors have the option to acquire real estate through a company within the contemporary and sophisticated President’s Links Estate located in Walvis Bay, often referred to as the “Bay of Whales”.
Namibia
(Residence by Investment Program)
VISA FREE DESTINATIONS:
80
PASSPORT INDEX RANK:
65th
OVERVIEW:
PROCEDURE:
The process of applying for Namibian residence adheres to the prevailing laws and regulations administered by the Ministry of Home Affairs, Immigration, Safety, and Security. To initiate the application, individuals can conveniently utilize an online portal. Successful investors in real estate are granted a five-year work permit that can be renewed. It’s important to note that these investors are only permitted to work within their own private enterprises and are not eligible for employment in other positions within Namibia. After maintaining their investment for a duration of seven years, they become eligible to apply for permanent residence within the country.
MINIMUM CAPITAL REQUIREMENT:
USD 365,000
MAIN APPLICANT REQUIREMENTS:
PROCESSING TIME:
Processing time of three months from submission of the application to approval
KEY BENEFITS:
- Safe, secure environment.
- High standard of services and good quality of life.
- Attractive economic opportunities.
- Territorial tax system (only local income is taxed).
- One of the most politically stable nations in Africa.
- Natural beauty, spectacular coastlines, and populous national conservation parks.
- Residence to a country that is a member of the United Nations, the Southern African.
- Development Community, the Southern African Customs Union, the African Union, and the Commonwealth of Nations.
