investment opportunities in namibia

Dual citizenship is not recognized or allowed through Namibia citizenship by investment or for any other naturalized citizens. Invest Namibia Mining offers a range of services to potential investors, including information on investment opportunities, assistance with investment applications, and facilitation of investment negotiations. AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 600 news and information items daily from over 100 African news organizations and our own reporters to an African and global public. WHY INVESTING IN NAMIBIA - MIT - Portal Ariel To address comments or complaints, please Contact us. Beyond its path to residence, the Links Estate will provide an optimal environment ensuring a high, A diversified economic environment with multiple investment opportunities, Sustainable and eco-friendly residential living, Required documents for Namibian citizenship by naturalization, Namibian police clearance certificate (for 18 years and older), Criminal record certificate from previous countries of residence, Passport application form certified by a Commissioner of Oath, Foreigners can become Namibian citizens after living in Namibia for 20 years (with ten as permanent residents). There has been no political conflict in Namibia since 1990. He said that both countries are similar in the fact that testing and drilling across ultra-deep waters have been key for players present in Namibia and Guyana. The CPSD further points to the need to strengthen the implementation of a robust public-private partnership (PPP) framework, accompanied by critical business environment reforms that could help attract much-needed private investments, especially in energy and water, thereby reducing the fiscal burden. The NIPDB has a strong focus on business facilitation for investors and realising investment opportunities, which include: Engaging with potential foreign or domestic investors to develop bankable projects/investment opportunities, Latest Update: June 2023. Report It to Us. The process of obtaining this permit takes up to 3 months to be adjudicated by the Department of Home Affairs in Namibia. Permanent residence can be acquired after ten years of legal residence. Green Bonds: Unlocking sustainable investment opportunities in Namibia Get Free Promotion across the world for your Companys Goods, Products and Services. Namibia has embarked on a large-scale programme of renewing and developing its infrastructure, water infrastructure, power generation and transmission infrastructure, as well as the transport and logistics infrastructure, notably road, rail and port. Namibia has achieved remarkable economic growth since 1990, transitioning to an upper-middle-income country in 2008. Spark Namibia on Instagram: "Namibia Catch us Live on 92.6 FM Spark The country is on course to develop a green and blue economy as articulated under the economic advancement pillar of the plan. Nevertheless, the NIC's decisions are not final; all decisions are forwarded to the Ministry of Industrialisation, Trade and SME Development, which has the final word. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. According to Shino, the country is turning to its neighbors including Angola, Nigeria, Equatorial Guinea, and others to strengthen local content ahead of first oil and gas. Peace, stability and good governance; First world road, rail and air infrastructure; Excellent telecommunications network; Wide inter-continental market access; Liberal investment regime; Stable labour environment; Generous investment regimes; Fast, efficient and transparent bureaucracy; Low inflation; Stable foreign . Namibia is a popular travel destination, and investmentin tourism is welcomed, particularly accommodation. The report analyses and presents opportunities to leverage private-sector capital and expertise to reposition growth on a green, resilient, and inclusive trajectory, rather than to rely on the dominant public-sector growth model, which is facing constraints. We will send you approved investment and business opportunities in Namibia and across Africa. For foreign entrepreneurs interested in citizenship planning, the Namibia immigration investment program does not offer a direct route to citizenship. As long as aforeign investor did not enterNamibiaillegally, and his permit does not prohibit the acquisition of immoveableproperty, he may certainlybuy, own and sell real estate inNamibia. Historically, resource-rich countries have all witnessed an 'oil boom,' a trend in which only the communities directly connected to energy developments reap the rewards. The Campus Business Park Experts say Namibia has a positive growth outlook with investment potential, combined with a robust macroeconomic environment that is politically stable and regionally competitive. Our, The benefits of investing in developing African nations are becoming ever more apparent. Namibia's energy transition: Moving from policy to climate action, How innovative construction could ease Namibia's housing crisis, Can behavioural science help us understand reparations better? According to Shino, "We have an ongoing drilling campaign with three rigs currently busy drilling appraisal and exploration wells. For more details, review our .chakra .wef-12jlgmc{-webkit-transition:all 0.15s ease-out;transition:all 0.15s ease-out;cursor:pointer;-webkit-text-decoration:none;text-decoration:none;outline:none;color:inherit;font-weight:700;}.chakra .wef-12jlgmc:hover,.chakra .wef-12jlgmc[data-hover]{-webkit-text-decoration:underline;text-decoration:underline;}.chakra .wef-12jlgmc:focus,.chakra .wef-12jlgmc[data-focus]{box-shadow:0 0 0 3px rgba(168,203,251,0.5);}privacy policy. International investors seeking investment opportunities in Africa can take advantage of numerous opportunities in Namibia's undersaturated markets. Get FREE Business Opportunities in Namibia? Our various investment account offerings allow you the opportunity to save and invest into your future with ease. Namibia offers opportunities for investment in infrastructure through public private partnerships (PPPs) or foreign direct investment (FDI). There are no specific authorisations to seek; however, foreigners can obtain the Certificate of Status Investment, which gives preferential access to foreign exchange in order to repay foreign debt, royalty, remit branch profits and dividends as well as proceeds of sale of enterprise. There is no timeframe for citizenship to be granted in these circumstances, and decisions are solely at the discretion of senior members of the Namibian government. After a total of 20 years (ten with permanent residence), you can apply for Namibian citizenship. This piece originally appeared as a Blog inThe Namibianon August 8, 2022. Similarly, with its three discoveries made to date, Namibia, according to Cody Schulte, Senior Technical Research Analyst, Upstream at S&P Global, is well positioned to attract a new wave of funding. Our team has considerable in-house experience funding mining companies across Africa? PARTNER WEBSITES: Its the only investment route for residential real estate providing eligibility for the Namibia residence by investment program. Namibia Bed & Breakfast Investment Opportunity in Windhoek, Namibia Lodging and Hospitality with the largest caves in Namibia - big tourist attraction. The . Certain utilities may be wholly owned by investors. As an IPA, NIC provides insights into the provisions of the Act. The country can also make use of infrastructure-sharing arrangements to ensure digital technologies are widely adopted. Any Comment About This Content? Bryanston Meeting the growing water demand would require a comprehensive approach, including decentralisation, an equitable tariff policy, and technical innovation. Namibia is ranked as one of the most politically stable countries in Africa and has a well-established legal framework for mining. The attractive tax system includes no global, wealth, or capital gains taxes, and global investors living in Namibia only need to pay local income tax. NEWS | DO YOU NEED A WORK VISA FOR YOUR UPCOMING SHORT TRIP TO NAMIBIA? A Guide to Tourism Investment Opportunities: Discover the - Elidge Savings and Investments | Savings and Investments | FNB INVESTMENT OPPORTUNITIES IN NAMIBIA Foreign investors seeking growth and foothold on the African continent can now consider Namibia as their next investment opportunity. Why Namibia - Namibia Trade Network So, if youre ready to embark on a journey of discovery through one of Africas most dynamic countries, keep reading. Choose one or more of the options below. Let us assist you grow your companys revenue in Africa. Wanting to Buy an Agricultural Product? Physical trade is managed by the Walvis Bay Corridor Group, which oversees transport corridors to SADC markets. Receive Updated Business Opportunities in Namibia's Mining and Exploration Sector. Good prospects exist for extensive horticulture, such as grapes, olive oil, jojoba and cut flowers. To acquire legal residence in Namibia, you can invest in the country through the, Dual citizenship is not recognized or allowed through. Real estate investment residence is the preferred choice for many expats and international entrepreneurs considering investing in emerging markets through a residence by investment program. Namibia welcomes private social enterprise,particularly specialising in health and education, toaugment public provision of social services. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Namibia is rich in mineral resources and haslargely untappedworld-class renewable energy resources. Namibia launched its Second Harambee Prosperity Plan (HPPII) in March 2021. Namibia can expedite the current SOE reform agenda to improve SOE performance and boost competition. What is Required to Obtain an Investor's Permit? Thank you for visiting our web portal focused on the agriculture sector in Namibia. Market Opportunities Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities. After ten years, you can apply for permanent residency, provided the investment is maintained. Green Bonds: Unlocking sustainable investment opportunities in Namibia - DLA Piper Africa in Namibia - Ellis Shilengudwa Inc. It is an entity within the Ministry of Industrialisation, Trade and SME Development created under the Foreign Investment Act. The appealing aspect of a real estate purchase in the Presidents Links Estate is that it qualifies as a business investment. The Certificate also allows foreign investors to resort to international arbitration in the event of dispute with the government, as well as payment of just compensation without undue delay and in freely convertible currency. They need to acquire at least 10% of shares in a domestic company to be eligible for the Certificate of Status Investment. In addition to these areas for reform, the report highlights three priority sectors for increased private-sector participation: renewable energy, climate-smart agribusiness and housing, based on their growth potential, ability to leverage natural resources, and create much-needed jobs. International business guides to support you, Economic and market insights from Lloyds Bank, ANIMAL, VEGETABLE OR MICROBIAL FATS AND OILS AND THEIR CLEAVAGE PRODUCTS; PREPARED EDIBLE FATS; ANIMAL OR VEGETABLE WAXES, PREPARED FOODSTUFFS; BEVERAGES, SPIRITS AND VINEGAR; TOBACCO AND MANUFACTURED TOBACCO SUBSTITUTES; PRODUCTS, WHETHER OR NOT CONTAINING NICOTINE, INTENDED FOR INHALATION WITHOUT COMBUSTION; OTHER NICOTINE CONTAINING PRODUCTS INTENDED FOR THE INTAKE OF NICOTINE INTO THE HUMAN BODY, PRODUCTS OF THE CHEMICAL OR ALLIED INDUSTRIES, PLASTICS AND ARTICLES THEREOF; RUBBER AND ARTICLES THEREOF, RAW HIDES AND SKINS, LEATHER, FURSKINS AND ARTICLES THEREOF; SADDLERY AND HARNESS; TRAVEL GOODS, HANDBAGS AND SIMILAR CONTAINERS; ARTICLES OF ANIMAL GUT (OTHER THAN SILKWORM GUT), WOOD AND ARTICLES OF WOOD; WOOD CHARCOAL; CORK AND ARTICLES OF CORK; MANUFACTURES OF STRAW, OF ESPARTO OR OF OTHER PLAITING MATERIALS; BASKETWARE AND WICKERWORK, PULP OF WOOD OR OF OTHER FIBROUS CELLULOSIC MATERIAL; RECOVERED (WASTE AND SCRAP) PAPER OR PAPERBOARD; PAPER AND PAPERBOARD AND ARTICLES THEREOF, FOOTWEAR, HEADGEAR, UMBRELLAS, SUN UMBRELLAS, WALKING STICKS, SEAT-STICKS, WHIPS, RIDING-CROPS AND PARTS THEREOF; PREPARED FEATHERS AND ARTICLES MADE THEREWITH; ARTIFICIAL FLOWERS; ARTICLES OF HUMAN HAIR, ARTICLES OF STONE, PLASTER, CEMENT, ASBESTOS, MICA OR SIMILAR MATERIALS; CERAMIC PRODUCTS; GLASS AND GLASSWARE, NATURAL OR CULTURED PEARLS, PRECIOUS OR SEMI-PRECIOUS STONES, PRECIOUS METALS, METALS CLAD WITH PRECIOUS METAL, AND ARTICLES THEREOF; IMITATION JEWELLERY; COIN, MACHINERY AND MECHANICAL APPLIANCES; ELECTRICAL EQUIPMENT; PARTS THEREOF; SOUND RECORDERS AND REPRODUCERS, TELEVISION IMAGE AND SOUND RECORDERS AND REPRODUCERS, AND PARTS AND ACCESSORIES OF SUCH ARTICLES, VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT, OPTICAL, PHOTOGRAPHIC, CINEMATOGRAPHIC, MEASURING, CHECKING, PRECISION, MEDICAL OR SURGICAL INSTRUMENTS AND APPARATUS; CLOCKS AND WATCHES; MUSICAL INSTRUMENTS; PARTS AND ACCESSORIES THEREOF. It is a major conduit of investment into Africa and is an ideal place to meet business and investment opportunities from countries like Namibia, and elsewhere in Africa. Our specialists can help you with the following: Lets get you moving forward in your quest to obtain Namibia citizenship and a Namibia passport. Another investment option in a reliable asset class is a real estate purchase in the Presidents Links Estate. The Namibian government is one of the most politically neutral and stable countries on the African continent, with minimal internal conflict. We have raised funding for African agriculture companies, and led investor missions across Africa to discover Africas most interesting investment opportunities. invest-in-africa.co How Can You Invest in Namibia?Investment opportunities may take the form of public-private partnerships either on a per project basis or with equity holdings. The Foreign Investment Act of 1990 provides for equal treatment of foreign investors and Namibian firms. Login and add your Business Opportunity or Get Business Opportunities for FREE! AFSIC Investing in Africa has become one of Africas most important investment events. Investing in Namibia: A Guide to Business Opportunities 57 Sloane Street Purchase a Business for sale in Namibia? Foreign investors must meet the following conditions to obtain the Certificate. Invest Namibia - Business & Investment Opportunities in Namibia We would like to join at the right time.". NEWS | INVESTMENT OPPORTUNITIES IN NAMIBIA. Are you looking for a list of agriculture companies in Namibia? The Namibiangovernance code is known as NamCode, and is basedon the principles encoded in King III. Do you want to receive Business Opportunities in Namibias mining sector? Due to strong demand for speaking slots, and in line with the conference objectives, preference is given to institutional investors, and African companies seeking funding. Investment framework and opportunities in Namibia , should you wish to receive further details. Well also look at how it can lead to economic growth and the steps involved in becoming a Namibian citizen through investment. Good prospects for oil and gas prospecting, exploration and processing. Namibia has a diverse economy, with thriving mining, agriculture, tourism, and renewable energy industries, and there is still a lot of room for economic growth. 2021 Namibia has a diverse economy, with thriving mining, agriculture, tourism, and renewable energy industries, and there is still a lot of room for economic growth. Further opportunities exist for PPPs in communityconservancies. An Investors Permit is granted for two years. Investment opportunities exist in value-added local processing of livestock, ostrich farming, crop production and food processing. Namibia is rich in mineral resources and has-largely untapped-world-class renewable energy resources. Get Updates on AFSIC - Investing in Africa, one of Africa's most important investment events, and a great place to meet Africa's agriculture investors. Namibias financial environment is well developed,and robust. Opportunities in theNamibia Mining Sector. Chief among these are AGOA with the USA, the EU-EPA, and the Cotonou Agreement between the EU and ACP states. Namibia - Investment Promotion Act | Investment Laws Navigator | UNCTAD Namibia is part of the Common Monetary Area(CMA) with South Africa, Lesotho and Swaziland. Investmentincentives and special tax incentives are available forcertain sectors. Beyond its path to residence, the Links Estate will provide an optimal environment ensuring a high quality of life, with perks such as: The Links Estate is located at the edge of the Dorob National Park, between the unique tourist attraction of the Skeleton Coast and Walvis Bay International Airport. PDF A Business and Investment Guide for Namibia - PwC Investment framework and opportunities in Namibia - Standard Bank The stakes can be high if youre not careful, but the returns are insurmountable. Get Business Opportunities in Namibia as well as to search for and connect with leading Companies and Investors in Namibia. Its economy is expected to bounce back in the medium term, offering excellent investment and growth opportunities, Namibia Country Private Sector Diagnostic. It is therefore important not to be pressured into making decisions and always keep the following basics in mind: purchase price, deposit needed, transfer and stamp duty payable, attorneys transfer fees, bond registration fees, valuation and bank admin fees, monthly rates and taxes, renting options, tenancy management and interest rates increase. Invest in Namibia - Namibia Business Opportunities - List of - AFSIC The Act refers to the possibility of fair compensation in the event of expropriation, international arbitration of disputes between investors and the government, the right to remit profits and access to foreign exchange (foreign investors that qualify for the Certificate of Status Investment have preferential access to these privileges). Promote Your Company's Services within Namibia's Mining Sector. We don't want to force companies to decide in a licensing round but want to remain open for investment so that companies come when they are ready.". Do you have a mining company or exploration project that requires funding in Namibia? Excellent infrastructure, warm climate and friendly atmosphere, Opportunities in the development of up-market hotels, International conference centres, lodges, game parks, traveling and general hospitality industry, Cutting and polishing of precious and semi-precious stones, marbles and granites, Electric and electronic components assembly, Construction and physical infrastructure development, IT (hard and software assembly/manufacturing). The report identifies five key areas for reform: enhancing competition in the state-owned enterprise (SOE) sector; strengthening the public-private partnership framework; advancing digital transformation; addressing inefficiencies in logistics and trade; and tapping opportunities in the water sector. Semi-precious stones and many types of dimension stones. Some of these countries include Bolivia, Cuba, Russia, and African countries like Ghana and Guinea-Bissau. Which trade solutions can help my business? Opportunities abound in these areas as well: High Commission of the Republic of Namibia If you would like to receive business opportunities in Namibias mining sector, or if you work in Namibias mining sector, or would like to promote your companys services to companies operating in Namibia mining then please join our community FREE! The financial sector is sophisticatedand consists of a number of commercial banks withinternational ties to facilitate international banking,as well as commercial and governmental sources offinance geared to enterprise finance. Last published date: 2021-10-20 Namibia imports almost all consumer goods and exports most of its primary resources, largely unprocessed. The country has a stableeconomy, which has successfullyweathered international financialcrises, and which evolves to grow,and meet its challenges. Strengthening private-sector participation in renewable energy generation would enable the country to transition into a regional supplier of electricity, and move to a zero-emissions electricity supply. Legislation ensures an enabling environment forforeign investors and Namibian firms, includinginternational arbitration of disputes, the right to remitprofits and access to foreign exchange. Namibia - Market Opportunities - International Trade Administration In addition, Namibia currently has a deficit of affordable serviced land and housing. Its economy is expected to bounce back in the medium term, offering excellent investment and growth opportunities in sectors ranging from agribusiness to housing. 6 Chandos Street DO BUSINESS DIFFERENTLY REIMAGINE WORK & TRAVEL WITH NAMIBIA'S DIGITAL NOMAD VISA Learn More Namibia invites foreign . Our team has enormous experience in working in Africa. Namibia is a prime location for real estate investments, and its Presidents Links Estate project is one of the most promising real estate projects on the African continent. Such investments can in turn also create much-needed job opportunities in the country, while retaining domestic investment. Namibia residency also means more straightforward business and trade with the SADC and countries in the Southern African Customs Union (SACU). The Registrar of Companies manages, regulatesand facilitates formation of businesses. These challenges were exacerbated by the COVID-19 pandemic, which has also worsened socio-economic inequalities. Those who purchase real estate in the Links Estate can obtain Namibia residency by investment. Invest in Namibia | Investment climate and opportunities Attractiveness for investment inflows offsets challenges Namibia boasts one of the most politically stable democracies in the SSA region, with a relatively robust macroeconomic environment that includes easy access to the South African market - arguably the continent's most developed. The Namibian government has implemented several incentives to attract foreign investors, such as tax breaks and renewable work permits. program. .chakra .wef-facbof{display:inline;}@media screen and (min-width:56.5rem){.chakra .wef-facbof{display:block;}}You can unsubscribe at any time using the link in our emails. In terms of housing, policy reforms in the country's housing and land-tenure systems are creating new opportunities by eliminating bottlenecks to urban serviced land and housing delivery. There is not a formal review process, the NIC ensures that potential investors and their business presentations are credible, and the investment presents a potential economic benefit to the country. Get the latest in African news delivered straight to your inbox. Shino also provided insight into the country's potential Organization of Petroleum Exporting Countries (OPEC) membership, stating that "we see the great value that an organization like OPEC has in managing the dynamics of the market to ensure that the industry strives. Businesses for Sale and Investment Opportunities in Windhoek

Healthcare Provider Directory, Restaurants In Bally's Dover, Basketball Camps In Louisiana, Articles I