THIS PAGE IS ONLY MEANT FOR NON SOUTH AFRICANS LOOKING TO IMMIGRATE TO SOUTH AFRICA THROUGH A SOUTH AFRICAN BUSINESS PERMIT
South African Business Permits for non South Africans
So you have made the decision to either open or buy a business in South Africa and immigrate here through a South African Business Permit. Good choice! The South African Government is opening its arms to foreign investment under the conditions that local South Africans will benefit from the venture.
South Africa is going through a very exciting stage at the moment and there is lots of opportunity to be involved in this emerging economy. Especially for small business owners, the markets are extremely lucrative and the South African Government welcomes anyone who wants to invest.
The conditions for a South African Business Permit are as follows:
1) Employ 5 South Africans
2) Invest R2.5m ( capitalisation can be reduced to R100 000 if needs be and we will facilitate this process for you)
Once your South African Business Permit is approved (this takes aproximately 40 days ) you are elligible to apply for Permanent Residence which will take 16 months (there is a backlog) to process. Your South African business visa will then act as a bridging visa for your Permanent Res. Under the business permit category, you will also be able to bring over your family and they too will also be able to apply for Permanent Residence.
Requirements for a South African Business Permit, which we will explain and assist in more details during application
Passport ( Vaild for no less than 30 days of the intended visit )
Medical and Radiological Reports
Marriage Certificates
Police Clearances
CA Certificate
Business Plan
Undertaking to employ 5 South Africans
Undertaking to register the business with SARS ( SA Revenue Service )
Partnership Agreements ( If applicable )
Application form
Power of Attorney
Birth Certificate
Categories listed as National Interest and entitled for Capital Waivers
Information and Communication technology
Clothing and textile manufacturing
Chemicals and bio-technology
Agro Processing
Metals and Minerals refinement
Automotive manufacturing
Tourism
Crafts
The cost for the entire process is R12 000 and excludes government fees of R1 520. There will also be a surcharge of R3 000 per family member you bring over. All these prices are VAT inclusive.
If you are interested to find out more about a South African Business Permit contact SA Close Corporations today !