Applicants must demonstrate a minimum investment, which is typically set at ZAR 5 million (around EUR 250,000). This amount can vary based on the nature of the business.
A crucial requirement is the ability to create jobs for South African citizens. Applicants must provide a comprehensive business plan detailing how their venture will benefit the local economy and contribute to employment.
Required documents include proof of investment, a viable business plan, police clearance certificates, medical certificates, and other relevant personal information.
The Business Visa is usually granted for a period of up to three years and can be renewed, provided the business remains operational and meets the visa conditions.
The visa allows for the inclusion of immediate family members, enabling them to accompany the primary applicant. This visa category is aimed at attracting skilled entrepreneurs and promoting foreign investment, thereby contributing to South Africa's economic growth.
This visa category is aimed at attracting skilled entrepreneurs and promoting foreign investment, thereby contributing to South Africa's economic growth.
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Licenses:Our advisors are licensed to give immigration advice for Australia and New Zealand: Our MARA numbers are 1467325 and 1807854. Our IAA numbers are 201400975, 201600505, and 202300649. Our LIAA number is 220104. Katrin Maja O'Flynn, Maike Versfeld and Katja Haslinger are also authorized under §1 AuswSG in Germany.