Namibia opens up the possibility of obtaining a residence permit for investment. Details
01/03/2023, 19:28
Namibia has its own investment immigration program now. Now it will be possible to obtain a residence permit in this country through the purchase of real estate.
Here are the key details:
- To get a residence permit in Namibia, you need to buy real estate worth $316 thousand and more in the government-approved project President’s Links Estate.
- Getting a temporary residence permit will take about three months.
- The document is valid for 5 years.
- A residence permit gives the right to work in the country.
- After 7 years of preserving the investment, you can get a permanent residence permit.
It is also noted that the Namibian government has provided a number of attractive opportunities for foreign investors: including tax initiatives, syndicated lending, and a technology «one window» for international companies.
Where can one apply? It can be done online through the official website.
Author
Yuliya Yanukovich
Editor-in-chief
I am responsible for editorial work. I write expert interviews and guides.