Overview
An applicant who wishes to apply for a business visa to establish a business in South Africa or a business that the applicant wishes to invest in, must show a prescribed financial contribution of at least R5 million from abroad into the business in South Africa.
Key Requirements
- Capital contribution of at least R5 million.
- Submission of a comprehensive business plan.
- Proof of compliance with South African regulatory requirements.
- Commitment to hiring South African citizens or permanent residents (prescribed percentage).