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South Africa Business Investment / Entrepreneurs Visa

South Africa Business Investment / Entrepreneurs Visa

How we can help you obtain a South Africa Business Investment / Entrepreneurs Visa

Consultation by face to face meeting, Skype or telephone

Advice on the correct category of working visa

Checklist of visa requirements

Preparation of supporting documents

Assistance with preparation of a first application at the embassy or an extension in South Africa

Discussions on alterative visa options and future visa strategy

Assistance with the Charted Accountants report

General advice on the business plan

A business visa may be issued to a foreign national who intends to establish new business or invest into an existing business in South Africa.

Requirements of the Visa

The foreign national will need to submit proof of the fact that:

  • at least ZAR 5,000,000.00* in cash is available or has been invested in South Africa;
  • at least an amount in cash and a capital contribution to the value of ZAR 5,000,000.00* is available or has been invested in South Africa;
  • The cash is available outside the borders of South Africa or originated from outside the borders of South Africa;

National Interest

The capital investment (as described above) may be reduced or waived if the foreign national is involved in the following industries: 

  • Information and Communication Technology
  • Clothing and textile manufacturing
  • Chemicals and bio-technology
  • Agro-processing
  • Metals and minerals refinement
  • Automotive manufacturing
  • Tourism Crafts 

At least 60% of employees must be South African Citizens

A submission must be made that the staff content of the business will be made of no less than 60% South African citizens. When the visa is extended proof of this requirement will be needed.

Business Plan

The foreign national will need to submit a comprehensive business plan to the Department of Trade and Industry for analysis prior to submitting the business visa.

Business visas are issued for a maximum period of five years and may be renewed.

(*Subject to change at any time without notice).

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Dear Client,

South Africa under a Presidential ordered “lockdown”, which has been defined into different levels. South Africa is currently under level 4 lockdown since 1 May from a level 5 lockdown in force during mid-February and April.

You may view the latest Directive published on 29 April 2020, most notably Annexure D on page 35 headed “Essential Services” pertaining to Level 4 lockdown - https://www.gov.za/sites/default/files/gcis_document/202004/43258rg11098gon480.pdf

We have the following updates on the services we offer:-

DIRCO – CLOSED until further notice, no communication received.

 

Courts – PARTIALLY OPENED - with skeleton staff working on a rotational basis for Apostilles, not authentications.

SAQA – CLOSED until further notice, no communication received.

The SAPS police clearance department – OPEN - with skeleton staff working on a rotational basis.

 

VFS – CLOSED the latest information received: VFS will open under level 2 lockdown and start with collections only (dates unconfirmed). VFS will then open for new applications at a later unconfirmed date.

The Department of Home Affairs have advised, by published Directive, that foreign nationals will not be penalised on their visa conditions as long as the expiry of the visa is a result of the lockdown. All COVID affected visas are deemed to be valid if expired during lockdown. More information on the DHA website (please note that the info has not been updated and may not apply under level 4 lockdown): http://www.dha.gov.za/index.php/statements-speeches/1336-temporary-measures-to-deal-with-immigration-issues-during-the-national-lockdown

The Department of Home AffairsImmigration matters – PARTIALLY OPENED but they are clearing backlogs of visa and permanent residence applications. No new applications in RSA or at the Embassy. Visa exempted countries have been suspended, foreign nationals must travel with a newly authorised visa and may be subject to forced quarantine for 14 days on arrival. (Some Embassies are accepting  visitors visa applications for urgent matters, i.e. death in the family. The application must contain a detailed motivation to consider the visa application).  

The Department of Home AffairsCivic Affairs – PARTIALLY OPENED only processing certain new applications like birth/death certificates relating to the last few months & COVID. Rotational staff are also clearing backlogs of existing applications. Reissuing of certificates is closed until further notice.

SA EMBASSIES – Some are open, some closed; with no consistency or notice of opening/closing. The Embassies are acting autonomously. We advise that you contact your nearest Embassy should you need any Embassy services.

FOREIGN EMBASSIES IN SA – Majority are closed, most notably the Chinese Embassy in SA is closed which will affect TEFL applications for teaching in China which require the Embassy Stamp on the documentation.

SENDING/RECEIVING DOCUMENTS – documents can only be sent to us by courier and we can only return documents by courier door to door (we use DHL). For new and upcoming applications we advise that you send the documents to us in the interim so when Departments open we can submit immediately. Currently we cannot meet face to face, but happy to discuss by telephone call, skype, whatsapp call or video conference.

Please feel free to call or email us with regards to the services and support we can provide for you during the lockdown period. Our Sandton office premises remains closed, but we are still open and fully operational with staff working remotely respecting and adhering to Government directives.

Please note that all of the above is subject to change without notice. We will post updates as and when we receive clarification.

Keep safe and Godspeed during these difficult times.