{"id":2476,"date":"2014-10-21T10:46:33","date_gmt":"2014-10-21T10:46:33","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?page_id=2476"},"modified":"2014-10-21T10:46:33","modified_gmt":"2014-10-21T10:46:33","slug":"temporary-business-visa","status":"publish","type":"page","link":"https:\/\/www.investmentimmigration.com\/south-africa-investment-immigration\/temporary-business-visa\/","title":{"rendered":"Temporary Business Visa"},"content":{"rendered":"

An immigrant investor seeking to establish business in South Africa or invest in a new business must fulfill the following conditions:<\/p>\n

    \n
  1. Minimum investment of not less than R 5 million in new equipment or machinery. .<\/li>\n
  2. Minimum 60% of the total staff employed in the operations of the business shall be citizens or permanent residents of South Africa.<\/li>\n
  3. Registration of the business with all relevant Authorities, Funds, Professional Bodies, Councils, and Boards<\/li>\n<\/ol>\n

    Businesses Qualifying For Reduction or Waiver of Investment Requirements<\/strong><\/p>\n

    Applicants investing in a new or existing business in the following sectors can apply for reduction or waiver of the minimum investment requirements:<\/p>\n

      \n
    1. Agro-processing<\/li>\n
    2. Business Process Outsourcing and IT Enabled Services<\/li>\n
    3. Capital \/ Transport equipment, metals and electrical machinery and apparatus<\/li>\n
    4. Electro Technical<\/li>\n
    5. Textile, Clothing and Leather<\/li>\n
    6. Consumer goods<\/li>\n
    7. Boatbuilding<\/li>\n
    8. Pulp, paper and Furniture<\/li>\n
    9. Automotives and Components<\/li>\n
    10. Green Economy Industries\n
        \n
      1. Power Generation<\/li>\n
      2. Renewable Energy<\/li>\n<\/ol>\n<\/li>\n
      3. Advanced Manufacturing<\/li>\n
      4. Tourism infrastructure<\/li>\n
      5. Chemicals, plastic fabrication and pharmaceuticals<\/li>\n
      6. Creative and Design Industry<\/li>\n
      7. Oil and Gas<\/li>\n
      8. Mineral beneficiation<\/li>\n
      9. Infrastructure Development<\/li>\n
      10. Information Communication Technology<\/li>\n<\/ol>\n

        Waiver or reduction is not available for all businesses in these sectors. The comprehensive list of businesses eligible for reduction or waiver is provided in Gazette Notification No. 37837.<\/p>\n

        List of Undesirable Businesses in relation to application for a Business Visa or Business Residence Permit<\/p>\n

          \n
        1. Import second hand motor vehicles into South Africa for purpose of exporting the vehicles to other markets outside South Africa.<\/li>\n
        2. Exotic entertainment industry.<\/li>\n
        3. Security Industry.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

          An immigrant investor seeking to establish business in South Africa or invest in a new business must fulfill the following conditions: Minimum investment of not less than R 5 million in new equipment or machinery. . Minimum 60% of the total staff employed in the operations of the business shall be citizens or permanent residents…<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":2472,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P8hnWW-DW","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/pages\/2476"}],"collection":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/comments?post=2476"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/pages\/2476\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/pages\/2472"}],"wp:attachment":[{"href":"https:\/\/www.investmentimmigration.com\/wp-json\/wp\/v2\/media?parent=2476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}