Namibia values long-term relationships with foreign investors. Investment opportunities may take the form of public-private partnerships either on a per project basis or with equity holdings. WordPress site by Miramedia, Free Promotion of Your Companys Goods, Products and Services, Business Opportunities in Namibia Agriculture, Join Us at AFSIC Investing in Africa, Africas Investment Event, Speaker/Panellist/Chair/Moderator Information, Invest into Namibia Agriculture and Namibia Farming Companies, Promote your Agriculture or Farming Products, Goods or Services FREE, Find a List of Agriculture Companies in Namibia, Receive Updated Business Opportunities in the Namibia Farming Sector, Keep Updated on forthcoming Investor Trips to Namibia. Proof of investment, training, and development plans for employees, a letter of approval from the Ministry of Trade, a police clearance certificate from your country of origin, and copies of all qualifications and degrees form part of the quintessential documentation for a successful application for an investors permit in Namibia. This is preserved by adherence to its robust constitution. Our Sponsors benefit from substantial digital coverage prior to AFSIC, including on investment flows direct to investors and across our vast network focused on Africa and based globally. Good prospects exist for extensive horticulture, such as grapes, olive oil, jojoba and cut flowers. Official Email Phone LinkedIn Facebook Google The Namibia Investment Centre (NIC) is a one-stop state institution that screens all potential foreign investmtent. Investment opportunities may take the form of public private partnerships (PPPs) either on a per-project basis or with equity holdings. Its the only investment route for residential real estate providing eligibility for the Namibia residence by investment program. For Guyana, the country made 30 discoveries offshore, finds which have enabled further exploration as revenue increases. Those who purchase real estate in the Links Estate can obtain Namibia residency by investment. 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. Report It to Us. Do you have a mining company or exploration project that requires funding in Namibia? In addition to the minimum investment required, the investor must own at least ten percent of the company. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. We will send you approved investment and business opportunities in Namibia and across Africa. Cotton production and establishment of a cotton ginnery. Investing in Namibia - Namibia Investment Promotion and - NIPDB Let us assist you grow your companys revenue in Africa. 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. Spark Namibia on Instagram: "Namibia Catch us Live on 92.6 FM Spark Foreign investors must meet the following conditions to obtain the Certificate: Check the status of your Trade request with our Trade Tracker. Both countries witnessed over 50 years of exploratory efforts which yielded few results. 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. The process of obtaining this permit takes up to 3 months to be adjudicated by the Department of Home Affairs in Namibia. Such investments can in turn also create much-needed job opportunities in the country, while retaining domestic investment. They need to acquire at least 10% of shares in a domestic company to be eligible for the Certificate of Status Investment. Do you want to receive Business Opportunities in Namibias mining sector? To complete the process, please follow the instructions in the email we just sent you. Local equityfinance may be provided by commercial banks and /or other financial institutions. Currently the latter is under review, however the Namibia: Investing - Mauritius Trade Why invest in Namibia? - Embassy of Namibia Dual citizenship is not recognized or allowed through Namibia citizenship by investment or for any other naturalized citizens. Namibia is home to the largest desalination plant in Southern Africa. Get Business Opportunities in Namibia as well as to search for and connect with leading Companies and Investors in Namibia. How many businesses for sale and investment opportunities in Windhoek are listed on SMERGERS? One of the best investment options with the lowest risk and highest potential is, For foreign nationals seeking a more permanent connection to this nations extraordinary qualities, Namibia, There has been no political conflict in Namibia since 1990. Promote your own products, goods or services FREE? Namibia provides preferential incentives tomanufacturing, particularly those that add value tolocal commodities. This has ensures that Namibia enjoys ahigh degree of financial stability and has a favourableenvironment for investors. To prepare for climate variability and mitigate againstdrought, climate change adaptive technologies arerequired for crop production. We receive a significant volume of investment opportunities from all regions of Africa. This has not only enhanced its attractiveness as an investment destination but ensures the protection of the environment - a top priority for the southern African country. This site uses cookies to optimize functionality and give you the best possible experience. PDF A Business and Investment Guide for Namibia - PwC Choose one or more of the options below. The combination of these negative trends has amplified the cyclical nature of Namibia's economy. Water shortages are another critical issue. Stanbic Bank Group and its logotype are registered trademarks of Stanbic Bank Group. A Detailed Guide to Namibia Citizenship by Investment | GCS The country has a stableeconomy, which has successfullyweathered international financialcrises, and which evolves to grow,and meet its challenges. Itprovides information on investment opportunities,incentives, and procedures. Climate-smart investments in the agribusiness sector would help generate income and jobs, while mitigating climate change. These can be addressed by implementing digital systems, improving regulations, and border-crossing efficiency. E-mail: info@namibiahc.org.uk, Opening Hours: Monday - Friday: 10:00 17:00 Green Bonds: Unlocking sustainable investment opportunities in Namibia - DLA Piper Africa in Namibia - Ellis Shilengudwa Inc. Potential areas for Business and Investment in Namibia: Agriculture and Agro-industry Investment opportunities exist in value-added local processing of livestock, ostrich farming, crop production and food processing. Report It to Us. There is a lot of potential in the basin and we could see future large-scale discoveries.". Why invest in Namibia? The organization also provides investors with access to relevant government agencies and other key stakeholders in the mining sector. Veterinary service provision, animal vaccine, and medicine production may offer equally viable investment opportunities. Opportunities exist for fish processing and canning. (SADC), which develops initiatives to create trade agreements, improve infrastructure development, and promote good governance and human rights in member states. The country can also make use of infrastructure-sharing arrangements to ensure digital technologies are widely adopted. Invest Namibia Agriculture - Business Opportunities in Namibia - AFSIC 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. Semi-precious stones and many types of dimension stones. The government of Namibia is actively seeking foreign investment by providing residency in return for residency. The Ministry of Industrialization and Trade (MIT) is the governmental authority primarily responsible for carrying out the provisions of the Foreign Investment Act of 1993 (FIA). 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. Showing 1 - 15 of 65 Businesses for Sale and Investment Opportunities in Namibia. We . It covers all major legal and regulatory requirements, explains processes and provides general information on Namibia to help investors and business owners. A significant factor is Namibias high ease of doing business compared to many other emerging markets in Africa. Equity finance, local equity holdings and finance forinfrastructure may be provided by various singleand/or syndicated sources of finance. Investment opportunities. While other countries continue to face challenges associated with environmental concerns, Namibia's position as a new market has enabled the country to include environmental provisions in the drafting of its legislation. , should you wish to receive further details. 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. Eager to maintain this exploratory momentum, Maggy Shino, Petroleum Commissioner at Namibia's Ministry of Mines and Energy, recently stated that during a webinar, for now, the government has no plans in place to change the current licensing structure in the country, but rather, it is committed to ensuring that the upstream market is "open for investment. Buy or Invest in a Business in Namibia. The Namibiangovernance code is known as NamCode, and is basedon the principles encoded in King III. Namibia also has duty and quota-free access to the Southern Africa Customs Union (SACU). The World Bank Group is committed to supporting the country in these effortsto help reduce inequalities, combat poverty, and boost shared prosperity for the country's citizens. Particularly in private social engagement, such as specialists in health and education, which aim to enhance the provision of social services. Any Comment About This Content? The country is a key member of the. You must also own at least ten percent of the company. To acquire legal residence in Namibia, you can invest in the country through the Namibia residence by investment program. The views expressed in this article are those of the author alone and not the World Economic Forum. In this article, well explore the benefits of Namibias investment visa program, the minimum investment requirements, and the eligibility criteria for Namibian residency. Do you want to promote your companys goods, products or services for FREE? 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. Namibia was named the top emerging market in Africa in 2023 by Bloomberg. Want to meet Africas major agriculture investors? 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). Namibia - Investment Promotion Act | Investment Laws Navigator | UNCTAD How Namibia is moving towards a green and blue economy Those who qualify as citizens in Namibia are: The first step to achieving citizenship in Namibia is by gaining residency. Once you have registered as a member of our, Join many of the top Africa farming investors and companies at, If you have any specific queries please use our. An Investor's Permit is granted for two years. According to Shino, "We have an ongoing drilling campaign with three rigs currently busy drilling appraisal and exploration wells. To date, the Orange Basin represents the only de-risked acreage in Namibia, however, ongoing seismic campaigns in the Namibe and Walvis Basins are likely to reveal sizeable finds, particularly following successful exploration campaigns in the Angolan side of the offshore acreage. Some of these countries include Bolivia, Cuba, Russia, and African countries like Ghana and Guinea-Bissau. Over the last couple of years many local and foreign investors have turned to property in Namibia as a sound investment. Investmentincentives and special tax incentives are available forcertain sectors. africaninvestments.co, AFSIC 2023 Investing in Africa 2023. Opportunities in theNamibia Mining Sector. The appealing aspect of a real estate purchase in the Presidents Links Estate is that it qualifies as a business investment. The country is on course to develop a green and blue economy as articulated under the economic advancement pillar of the plan. 57 Sloane Street The renewable energy sector in Namibia is growing rapidly. The Namibian government is one of the most politically neutral and stable countries on the African continent, with minimal internal conflict. Certain utilities may also be wholly owned by investors. The government of Namibia is actively seeking foreign investment by providing residency in return for residency. 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. 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. Uruguayan Passport: An Informative Guide for You, ANTIGUA AND BARBUDA Citizenship by Investment, ST KITTS AND NEVIS Citizenship by Investment, Malta Citizenship by Naturalization for Exceptional Services by Direct Investment (CES), Minimize the visits you have to make to the designated country, Have someone who works solely on your behalf, Reduce the hassle associated with putting your application together, Acquire insider knowledge from someone with years of experience in the market. Natural-born citizens, such as those born in Namibia or overseas with at least one Namibian parent, can keep their Namibian passport and acquire a second passport. Do have a look around our website we have developed a massive business and investor network across Africa and would be delighted to assist you grow your business and investments in Namibia and in Africa. The new Namibia Investment Promotion and Development Board (NIPDB) housed in the Office of the President, serves as Namibia's official investment promotion and facilitation office. eexpand, All Rights Reserved. PDF Invest in Namibia - Harnessing investment to drive economic recovery Wrigley Field Building Namibia can expedite the current SOE reform agenda to improve SOE performance and boost competition. Namibia faces inefficiencies in the logistics and trade facilitation sectors, such as a lack of adequate transport infrastructure, connectivity, storage facilities, skilled professions, and high costs. Legislation ensures an enabling environment forforeign investors and Namibian firms, includinginternational arbitration of disputes, the right to remitprofits and access to foreign exchange. Get the latest in African news delivered straight to your inbox. Please note that in Namibia, the residence requirement for citizenship is based on someone who is ordinarily resident in Namibia. Investment-Opportunities - Namibia High Commission The Namibian passport doesnt have the passport power of a US passport, but the passport does provide easier access to some countries where US passport holders require a visa to visit. Invest Namibia Mining is a government-run organization that helps to promote foreign investment in the mining sector and provides a range of services to potential investors. The NIPDB is headed by a highly regarded chartered accountant, and analysts are optimistic that this new entity will better facilitate investment in Namibia. Potential areas for Business and Investment in Namibia: Pleaseclick herefor a list of current Investment Projects in Agriculture (as of September 2010) Consular Hours: Monday - Thursday: 10:00 12:00, Collection of passports & other documents: Monday - Friday: 09:30 16:00, The Mission is open from 09h00 to 17h00 Monday to Friday, MIRCO - Implementation of Cabinet Decision (7th 23.05.23 008), STATE OF THE NATION ADDRESS BY HIS EXCELLENCY DR. HAGE G. GEINGOB, PRESIDENT OF THE REPUBLIC OF NAMIBIA, Associate Communications Officer - Commonwealth Foundation, Travel to England from another country during COVID-19, First world road, rail and air infrastructure, Fast, efficient and transparent bureaucracy, Strategically located, low cost and efficient port. AFSIC Investing in Africa is our flagship event where many of Africas most important investors and businesses connect with each other. Despite these setbacks, however, the country is full of potential. By virtue of its location, it offers access for manufacturers and/ or exporters to 15 SADC countries, with a population of 280 million. 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! After ten years, you can apply for permanent residency, provided the investment is maintained. What is the inflation rate in Namibia? 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. Our specialists can help you with the following: Lets get you moving forward in your quest to obtain Namibia citizenship and a Namibia passport. An ideal investment route currently available to foreign nationals and international companies is the new Presidents Links Estate, a golf estate, and real estate investment project designed for all types of foreign nationals, from successful real estate investors to working expat families and retirees. A significant factor is Namibias high ease of doing business compared to many other emerging markets in Africa. Contact us with your Enquiry Today. What are Namibia's main export destinations? GLOBAL CITIZEN SOLUTIONS UNIPESSOAL LIMITADA | NIPC 516027212 AMI 17987 | . Individuals, such as successful investors and humanitarians, may acquire Namibian citizenship if they have contributed significantly to the countrys economic growth or provided distinguished service to the state. If you continue to navigate this website beyond this page, cookies will be placed on your browser. 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). AFSIC Investing in Africa has become one of Africas most important investment events. Namibia, a multi-party democracy, has enjoyed a high degree of political stability since its independence from South Africa in 1990. Additionally high visibility at AFSIC results in long lasting brand enhancement and prestige. Certain utilities may also be wholly owned by investors. The Registrar of Companies manages, regulatesand facilitates formation of businesses. If you are looking to invest into Namibia please add yourself to our list of prospective investors so that we can update you on matched business and investment opportunities in Namibias mining sector. Mining and Energy. Namibia currently has a deficit of affordable servicedland and housing, and has opportunities for investmentand operations in this field. program. Individuals can become foreign residents through the Namibia residence by investment program. It is also a popular travel destination which make the investment in the tourism sector welcomed, especially in accommodation facilities. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC. 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. These challenges were exacerbated by the COVID-19 pandemic, which has also worsened socio-economic inequalities. 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. Our, The benefits of investing in developing African nations are becoming ever more apparent. The Namibian government has implemented several incentives to attract foreign investors, such as tax breaks and renewable work permits. Erik Meyer, Senior Technical Research Analyst at S&P Global, added that Guyana and Namibia both rank among the world's top 25 basins by identified reserves, with Guyana leading at 18 billion barrels of discovered hydrocarbons while Namibia ranks high with its Venus and Graff-1 discoveries. Savings and Investments | Savings and Investments | FNB Investment framework and opportunities in Namibia Gauteng Invest in Namibia - Namibia Business Opportunities - List of - AFSIC Some of these countries include Bolivia, Cuba, Russia, and African countries like Ghana and Guinea-Bissau. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct. Speaking at AFSIC Investing in Africa provides companies and investors with a prestigious platform to raise their profile globally and within Africas business and investment world. The country is rich in mineral resources, including diamonds, gold, copper, lead, zinc, and uranium, making it an attractive destination for mining investment.
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investment opportunities in namibia
