Namibia
Praised for its stable political and economic climate, Namibia, located in southwest Africa, is a top tourist destination known for its diverse wildlife and some of the world’s tallest dunes. Renowned as one of Africa’s safest countries, Namibia offers impressive infrastructure and a high quality of life.
Residence by Investment Overview
The procedure for acquiring residence by investment in Namibia is currently being reviewed by the government and relevant authorities. Updates on this process will be shared as they become available. The review aims to streamline the process and enhance its attractiveness to investors. Stay tuned for more information on the revised requirements and application steps.
Investment
Minimum investment of USD 365,000
Processing Time
Three months
Key Benefit
Stable political and economic environment, abundant wildlife, high quality of life, and a safe, well-developed infrastructure.
Namibia Residence by Investment
The Namibian government is actively encouraging foreign investment to drive economic growth and diversify its economy. It offers numerous opportunities for international investors looking to expand in Africa, including tax incentives, financing options, and a one-stop service bureau for international businesses. Through the Namibia Residence by Investment program, successful real estate investors can obtain a renewable five-year work permit and establish residency in the country.
Benefits of Namibia Residence by Investment
Secure and safe environment.
High-quality services and a high standard of living.
Appealing economic opportunities.
Territorial tax system (taxes apply only to local income).
Among the most politically stable countries in Africa.
Stunning natural landscapes, beautiful coastlines, and extensive national conservation parks.
Residency in a country that is a member of the United Nations, Southern African Development Community, Southern African Customs Union, African Union, and Commonwealth of Nations.
Requirements of Namibia Residence by Investment
To qualify for residence, applicants must purchase real estate valued at a minimum of USD 365,000 at President's Links Estate.
For investors aged 60 and above, retirement units are available starting at USD 300,000.
The estate is a sustainable residential and golf community situated on the edge of Dorob National Park in Walvis Bay, offering modern and elegant houses and villas. Known as ‘The Bay of Whales,’ Walvis Bay features a pristine coastline with high-quality fish, oysters, rock lobsters, and salt fields. The estate boasts over 745 luxury homes, world-class amenities, and an environment that highlights Namibia’s natural beauty.
Namibia Residence by Investment procedures and time frame
Applications for Namibian residence must adhere to the laws and regulations set by the Ministry of Home Affairs, Immigration, Safety, and Security. They can be submitted via a user-friendly online portal and must include completed forms, the relevant fees, and supporting documents.
Successful real estate investors are granted a five-year, renewable work permit, which allows them to work only for their own companies and not for other employers in Namibia.
After maintaining their investment for seven years, they become eligible to apply for permanent residence. The processing time for applications is approximately three months from submission to approval.
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