Joombaah Investment Visa (IV): Engaging in Investment Activities in Ethiopia - Requirements and Application Guide

Permit Information

  • PERMIT_POSTED_BY: admin
  • PERMIT_POSTED_ON: Nov 05, 2024
  • Views : 300
  • Category : Africa » Eastern Africa » Ethiopia
  • Description : The Investment Visa (IV) is intended for foreign nationals planning to invest in Ethiopia. It allows for both single and multiple entries, with durations ranging from 30 days to one year. Essential requirements include a passport with at least 6 months validity, a support letter from the Ethiopian Embassy, and documentation from the inviting organization. Joombaah helps investors streamline their application process and understand visa regulations in Ethiopia.
  • Phone : +251 (11) 1262635
  • Email : support@evisa.gov.et
  • Website : https://www.evisa.gov.et/information/InvestmentVisa

Overview

  • Investment Visa (IV): Engaging in Investment Activities in Ethiopia - Requirements and Application Guide

    Introduction
    Ethiopia’s Investment Visa (IV) provides a gateway for foreign investors eager to explore business opportunities and contribute to the country's economic growth. This visa is tailored for both short-term and long-term investment activities, offering various entry options. Here’s everything you need to know to make your investment plans a reality. Joombaah is here to guide you through the process.

    Eligibility and Requirements
    To qualify for the Investment Visa, applicants must meet these requirements:

    • A recent passport-size photo and a passport copy with at least 6 months validity from the date of entry.
    • A support letter from the nearest Ethiopian Embassy, confirming your investment purpose.
    • An official application letter from the inviting organization, addressed to the Immigration And Citizenship Service of Ethiopia.
    • The inviting company's Business License.
    • A support letter from the Ethiopian Investment Commission.

    Processing Time
    Typically, the Investment Visa is processed within three days. Ensure that your application is submitted at least three days before your planned arrival in Ethiopia.

    Duration and Validity
    The visa's validity starts from the intended entry date, with several options available:

    • Single Entry: 30 days
    • Multiple Entry: 90 days, 6 months, or 12 months

    Visa Fees

    • Single Entry, 30 Days: $62 USD
    • Multiple Entry, 90 Days: $152 USD
    • Multiple Entry, 6 Months: $252 USD
    • Multiple Entry, 12 Months: $502 USD

    Extension
    Investment Visas can be extended before expiration. If the visa expiry date is 1-15 days overdue, extensions can be processed online. For visas expired beyond 15 days, applicants must visit the Immigration And Citizenship Service Head Office in Addis Ababa. Overstaying without extension incurs fines and legal penalties.

    Extension Fees:

    • Single Entry, 30 Days: $102 USD
    • Multiple Entry, 90 Days: $302 USD

    Conclusion
    Whether you’re looking to establish a new business or invest in an existing enterprise, Ethiopia offers ample opportunities. The Investment Visa ensures a smooth entry into the Ethiopian market, provided that all requirements are fulfilled. Joombaah assists investors in navigating the application process and understanding the nuances of Ethiopian visa regulations.