Residency | Namibia
Overview
Recognized for its highly stable political and economic environment, the southwest African country of Namibia is one of the continent’s prime tourist destinations, with abundant wildlife and some of the highest dunes in the world. Namibia is considered among the safest nations in Africa, with an impressive infrastructure and an excellent quality of life.
Investment: Minimum investment of USD 365,000
Processing time: Three months
Key benefit: The right to live, work, and study in Namibia
Benefits of Namibia Residency by Investment:
—–Safe, secure environment
—–High standard of services and good quality of life
—–One of the most politically stable nations in Africa
—–Residence to a country that is a member of the United Nations, the Southern African Development Community, the Southern African Customs Union, the African Union, and the Commonwealth of Nations
Procedures and time frame of residence by investment in Namibia
Applications for Namibian residence are completed in line with existing laws and regulations as applied by the Ministry of Home Affairs, Immigration, Safety and Security. They can be submitted through an easy online portal and must include completed application forms. Applications should be accompanied by the appropriate fees and supporting documents.
Successful real estate investors receive a five-year, renewable work permit. Investors can only work for their own private companies and cannot be employed in any other jobs in Namibia.
After seven years of retaining their investment, they become eligible to apply for permanent residence in the country.
The processing time is three months from submission of the application to approval.
Requirements of the Namibia Permanent Residence Program
To qualify for residence, applicants are required to purchase real estate with a minimum value of USD 365,000 at President’s Links Estate. Retirement units starting at USD 300,000 are also available for investors aged 60 and above.
The estate is an eco-friendly residential and golf estate, located at the edge of the Dorob National Park in Walvis Bay and offering modern and sophisticated houses and villas. ‘The Bay of Whales’, Walvis Bay is home to a pristine coastal area with high-quality fish, oysters, rock lobsters, and salt fields. The estate features over 745 luxury residential homes, with world-class lifestyle amenities and an environment that celebrates Namibia’s rich nature.