Business Visas for South Africa

This category of permit allows an applicant intending to enter South Africa to establish, or invest in a business in South Africa, in which he/she may be employed provided that the applicant complies with the following:

• The applicant invests the prescribed amount of at least ZAR 2.5 Million to be invested in the business (as part of the book value of the business) – this aspect must be certified by a Chartered Accountant.
• The applicant must undertake in writing to register with the South African Revenue Services.
  
  In addition the following criteria must be complied with:
  
  
• An undertaking must be given that at least five (5) South African citizens or permanent residents will be, or are, employed.
  
• Proof that the business in question is in one of the following sectors:
  
  

  Information and Communication Technology
  Clothing and textiles
  Chemicals and Biotechnology
  Agro-Processing
  Metals and Minerals
  Automotives and Transport
  Tourism
  Crafts

• The export potential of the business; or
  
• The business calls for or involves a transfer of technology not previously generally available in South Africa.
  
• The financial or capital contribution must emanate from abroad.

Note:

• Business permits shall be valid for periods of twenty-four (24) months at a time and are extendable.
  
• A business permit may be withdrawn if the business no longer maintains the capitalisation requirements.
  
• There is a provision in the Regulations that the Department may reduce the capitalisation requirements on recommendations from the Department of Trade and Industry.
  

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