Joombaah Business Residence Permit (Consultancy): Establish Your Consultancy Business in Malawi

Permit Information

  • PERMIT_POSTED_BY: admin
  • PERMIT_POSTED_ON: Nov 02, 2024
  • Views : 164
  • Category : Africa » Southern Africa » Malawi
  • Description : The Business Residence Permit (Consultancy) allows foreign nationals to live and operate a consultancy or services-related business in Malawi. Valid for five years and renewable, this permit requires a minimum investment of $50,000 from a legitimate source outside Malawi. Dependents can be included in the application, making it a comprehensive option for self-employed consultants looking to establish themselves in the country. Joombaah simplifies the application process for you.
  • Phone : +265-1823777
  • Website : https://epermit.gov.mw/Home/Index

Overview

  • Introduction

    Looking to establish a consultancy business in Malawi? The Business Residence Permit (Consultancy) provides an excellent opportunity for self-employed consultants or service providers to reside and operate legally in Malawi. With a five-year validity and an option to renew, this permit supports long-term business success.

    Overview

    This permit is specifically designed for service-related businesses, covering sectors like management consulting, financial services, legal consulting, IT services, and more. It is crucial to have your investment funds originate from a legal source outside Malawi, with a minimum requirement of $50,000.

    Key Points to Note

    • Investment Funds: You must invest at least $50,000 from a legitimate external source.
    • Inclusion of Dependents: Family members can be included in your application, enabling them to reside with you in Malawi.
    • Renewable Permit: The permit is renewable every five years, allowing for sustained business operations.

    Required Documents

    To apply for this permit, you will need to prepare the following:

    1. Company Registration Certificates: Proof of your company’s legal registration.
    2. Medical Certificate: Showing you are in good health.
    3. Company Profile & Structure: Detailed information about your consultancy business.
    4. Passport Copy: Showing your photo and personal details.
    5. Police Clearance: Letter from your country of origin confirming your clean criminal record.
    6. Bank Statement: Showing a minimum of $50,000 for investment (optional but recommended).
    7. MITC Certificate: Optional but beneficial for added support.

    Payment Information

    • Processing Fee: $100, payable immediately after submitting your application at any FDH Bank Counter in an Immigration Office.
    • Prescribed Fee: $3,750, payable upon application approval.

    Important Disclaimer

    The Malawi e-Permit System conducts checks against law enforcement databases. Any false information provided could result in administrative or criminal penalties. Even if your permit is approved, it does not guarantee final approval until verified by an Immigration Officer upon your arrival or during an inspection at the Immigration Office. Ensure that all information is accurate, as a permit approval can be revoked if new information arises that affects eligibility.

    Renewal Process

    Renew your permit before it expires to avoid legal issues. Ensure your documents and investment details are up to date, and your business remains compliant with Malawi’s regulations.

    Conclusion

    The Business Residence Permit (Consultancy) is an ideal choice for foreign consultants looking to operate in Malawi. With Joombaah’s expert guidance, the permit application process is straightforward, allowing you to focus on building your consultancy business.