Joombaah Namibia Investor’s Permit – Unlock Investment Opportunities in Namibia
Namibia Investor\u2019s Permit \u2013 Unlock Investment Opportunities in Namibia

Permit Information

  • PERMIT_POSTED_BY: admin
  • PERMIT_POSTED_ON: Nov 23, 2024
  • Views : 72
  • Category : Africa » Southern Africa » Namibia
  • Description : Looking to invest in Namibia? The Investor’s Permit enables foreign nationals to establish or expand businesses while contributing to Namibia’s economy. Learn about requirements, fees, and application procedures with Joombaah’s guidance.
  • Phone : +264 61 283 7111
  • Email : investors@nipdb.gov.na
  • Website : www.nipdb.com

Overview

  • Namibia Investor’s Permit – Unlock Investment Opportunities in Namibia

    Introduction
    Namibia is an emerging investment hub with opportunities in various sectors. The Investor’s Permit grants foreign investors legal permission to establish or expand businesses in Namibia, fostering economic growth and job creation.

    What is a Namibia Investor’s Permit?

    The Investor’s Permit allows foreign nationals to legally invest in Namibia by starting a new business or expanding an existing one. This permit is essential for entrepreneurs seeking to contribute to Namibia’s economic development.

    Requirements for a New Application

    • Completed Application Form: Duly filled and signed.
    • Business Plan: Comprehensive plan detailing the business's objectives, operations, and projected economic impact.
    • Proof of Investment Funds: Evidence of the minimum investment amount required for the business sector (e.g., bank statements, money transfers).
    • Company Registration Documents: Including a Certificate of Incorporation and Shareholding Details.
    • Proof of Business Premises: Lease agreement or property ownership documents.
    • Police Clearance Certificate: From both the applicant’s home country and Namibia.
    • Medical Certificate: Confirming the applicant’s health status.
    • Tax Clearance Certificate: Proof of tax compliance.
    • Two Passport-Sized Photos: Recent and clear.
    • Passport: Valid for at least six months with two blank pages.
    • Prescribed Fee Payment: Proof of application fee payment.

    Requirements for Renewal or Updates

    • Updated Business Plan: Reflecting progress and compliance.
    • Proof of Continued Investment: Documentation of sustained financial input into the business.
    • Renewed Tax Clearance Certificate.
    • Prescribed Fee Payment: Evidence of renewal fee payment.

    Validity and Fees

    • Validity:

      • Initial Permit: Valid for 2 years.
      • Renewable: Every 2 years.

    • Fees:

      • Application Fee: NAD 10,000
      • Renewal Fee: NAD 7,500

    Benefits of a Namibia Investor’s Permit

    • Legal residency tied to investment activities.
    • Permission to establish and operate businesses in Namibia.
    • Access to Namibia’s investment incentives and programs.
    • Renewable for continued business operations.

    Joombaah Assistance

    Joombaah ensures your Investor’s Permit application is seamless. From compiling requirements to submitting documents, we guide you every step of the way.