Permit Information

• PERMIT_POSTED_BY: admin
• PERMIT_POSTED_ON: Nov 02, 2024
• Views : 390
• Category : Africa » Southern Africa » Malawi
• Description : The Business Residence Permit (Mining) is designed for foreign nationals intending to establish and manage mining enterprises in Malawi. Valid for five years and renewable, the permit requires a minimum investment of $50,000 from a legitimate external source. Applicants can include dependents in their application. Joombaah provides detailed guidance to help you through the entire process.
• Phone : +265-1823777
• Website : https://epermit.gov.mw/Home/Index

Overview

• Introduction

  The Business Residence Permit (Mining) offers an opportunity for foreign investors to legally reside in Malawi while managing or operating a mining business. This permit has a five-year validity, with provisions for renewal, and can also accommodate dependents. This article outlines the key eligibility criteria, required documents, fees, and step-by-step application process for the Business Residence Permit.

  Overview

  Foreign investors in the mining sector are eligible to apply for this residence permit, which allows them to engage in self-employment, run mining businesses, or serve as partners or proprietors in Malawi. This permit is strictly limited to mining-related business activities.

  Key Points to Note

  • Purpose: The permit is solely for mining-related business purposes.
  • Investment Requirement: The applicant must have an investment of at least $50,000 sourced legally from outside Malawi.
  • Dependents: Applicants can include their dependents in the permit application.
  • Renewability: The permit can be renewed for another five years.

  Eligibility and Required Documents

  Applicants must provide a complete set of documents, which include:

  • Copy of Passport: Displaying the applicant’s photograph and personal details.
  • Police Clearance: A letter from the applicant’s country of origin, proving no criminal record.
  • Company Profile and Structure: Detailing the organizational setup and operations.
  • Covering Letter: From the applicant, outlining the purpose of the permit application.
  • Company Registration Documents: Including Certificates of Incorporation.
  • Medical Certificate: Demonstrating the applicant's health status.
  • Bank Statement: Showing evidence of Foreign Direct Investment (FDI) not less than $50,000 (optional).
  • MITC Certificate: Optional but beneficial for supporting the application.

  Application Process and Fees

  1. Document Submission: Applicants must compile and submit the required documents, along with the application form.
  2. Processing Fee: A non-refundable fee of $100 must be paid at the FDH Bank Counter at any Immigration Office in Malawi immediately upon submission.
  3. Approval and Prescribed Fee: Upon application approval, a fee of $3,750 is payable at the FDH Bank Counter.
  4. Final Approval: New employment permit holders must report to Immigration Headquarters or their point of entry for an inspection by an Immigration Officer. The officer has the authority to grant or revoke final approval based on the information provided.

  Important Information

  All information submitted in the application must be accurate and truthful. The Malawi e-Permit System conducts background checks, and fraudulent information can lead to legal consequences. Even if initial approval is granted, it may be revoked if eligibility requirements change or new information comes to light.

  Renewal Process

  The permit is renewable for additional five-year terms. Applicants must ensure compliance with all regulations and provide updated documentation as required by the Malawian authorities.

  Conclusion

  The Business Residence Permit (Mining) is a key opportunity for foreign entrepreneurs to tap into Malawi's rich mining sector. Ensuring compliance with all requirements and regulations is essential for a successful application. Joombaah provides expert assistance to make the application process smooth and efficient.