Business Permits

ID #1598

What is the investment amount that is required for a South African business permit application?

In order to qualify for a South African business permit, the foreigner must submit proof stating that they wish to invest an amount of (a) ZAR 2.5 million in cash in foreign currency, (b), a capital contribution of at least ZAR 2.5 million or (c) at least ZAR 2.5 million in cash in foreign currency and a capital contribution of ZAR 500,000 into the book value of the business in question.

 

 What can I do when I cannot invest the R2,5 million that is required for a South African business permit?  

Over what period of time do I need to make the required investment for a South African business permit?  

For more information on business permits, see here 

Information supplied by www.intergate-immigration.com

 

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Last update: 2009-08-13 14:08
Author: claus lauter
Revision: 1.4

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