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🇿🇦 South Africa

Business Visa

For foreigners intending to establish or invest in a business in South Africa. Requires minimum foreign direct investment of ZAR 5 million (approx. $266,000 USD) and commitment that 60% of employees will be South African citizens or permanent residents. Must obtain feasibility recommendation from Department of Trade, Industry and Competition. Valid up to 3 years, renewable. Provides fast-track path to permanent residence after business operates for 6 months meeting requirements. Cannot be obtained solely by owning property.

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Processing Time

8-12 weeks

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Cost

ZAR 1,520 government fee + business registration costs

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Duration

Up to 3 years

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Work Rights

Can work in own business only

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Renewability

Renewable while business operates

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Path to Permanent Residence

Yes

Requirements

  • 1Minimum ZAR 5 million foreign investment
  • 260% South African employment commitment
  • 3DTI feasibility recommendation letter
  • 4Business registration with CIPC
  • 5SARS registration commitment
  • 6Police clearance certificate
  • 7Chartered accountant certificate for funds

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