Permit Information

• PERMIT_POSTED_BY: admin
• PERMIT_POSTED_ON: Oct 28, 2024
• Views : 107
• Category : Africa » Eastern Africa
• Description : The Investment Visa (IV) is designed for foreign nationals looking to invest in Ethiopia. It allows individuals involved in investment activities to enter the country for business-related purposes, including those planning new investments. Eligible applicants must provide a support letter from their embassy and documentation from the Ethiopian Investment Commission. Joombaah offers guidance to help navigate the Investment Visa application process seamlessly.
• Phone : +251 (11) 1262635
• Email : support@evisa.gov.et
• Website : https://www.evisa.gov.et/information/InvestmentVisa

Overview

• "Investment Visa - IV: Expanding Investment Opportunities in Ethiopia"
  
  

  Introduction

  Ethiopia’s Investment Visa (IV) provides a pathway for foreign nationals to engage in investment activities within the country. Designed to support Ethiopia’s growing economy, this visa is suitable for those interested in initiating or expanding business ventures in Ethiopia. With the support of Joombaah, investors can streamline their application process and ensure compliance with all requirements.

  Eligibility Requirements for the Investment Visa

  To qualify for the Investment Visa, applicants need the following documents:

  • Passport Photo and Valid Passport: A recent passport-size photo and passport copy with at least six months’ validity.
  • Support Letter: A letter from the nearest Ethiopian Embassy confirming the purpose of the visit is investment-related.
  • Application Letter: An official letter from the inviting Ethiopian organization, addressed to the Immigration and Citizenship Service.
  • Business License: Valid business license of the inviting Ethiopian company.
  • Investment Commission Support Letter: A letter from the Ethiopian Investment Commission endorsing the investor's purpose.

  Application Process

  1. Prepare Documents: Collect the required documents listed above.
  2. Submit Application: Submit your application and necessary documents to the Ethiopian Immigration and Citizenship Service, ideally three days before your intended entry date.
  3. Pay the Visa Fee: Pay the visa fee depending on your intended duration of stay.

  Investment Visa Fees

  Entry Type	Maximum Duration	Application Fee (USD)
  Single Entry	30 Days	$62
  Multiple Entry	90 Days	$152
  Multiple Entry	6 Months	$252
  Multiple Entry	12 Months	$502

  Visa Extensions

  Investors may extend their visa before it expires. Visas that have expired within 1-15 days can be extended online, while those expired for more than 15 days require in-person application at the Immigration and Citizenship Service Head Office in Addis Ababa. Non-compliance may lead to fines and penalties.

  Entry Type	Maximum Duration	Extension Fee (USD)
  Single Entry	30 Days	$102
  Multiple Entry	90 Days	$302

  Validity and Renewal

  The validity of the visa begins from the date intended to enter Ethiopia. Extensions are possible to accommodate longer business engagements or investment planning.

  Additional Information

  Joombaah simplifies the Investment Visa process by guiding investors on application preparation, ensuring document accuracy, and helping investors establish a strong business presence in Ethiopia.