Namibia, situated in southwestern Africa, is renowned for its remarkable political and economic stability. It stands as a top tourist attraction on the continent, boasting abundant wildlife and some of the world’s tallest dunes. This African nation is widely acknowledged for its safety, impressive infrastructure, and a high standard of living.
Program Overview
Foreign individuals have the opportunity to obtain a residence permit in Namibia by making a real estate investment within the modern and eco-friendly President’s Links Estate through a registered company.
Program Benefits
- A secure and protected environment
- Exceptional service standards and a superior quality of life
- Alluring economic prospects
- Implementation of a territorial tax system, where only local income is subject to taxation
- Ranking among Africa’s most politically stable countries
- Abundant natural beauty, stunning coastlines, and extensive national conservation parks
- Residing in a nation that is a member of the United Nations, the Southern African Development Community, the Southern African Customs Union, the African Union, and the Commonwealth of Nations
Program Qualifications
- To qualify for residency, applicants need to invest in real estate with a minimum value of USD 365,000 within President’s Links Estate.
- For investors aged 60 and above, retirement units starting at USD 300,000 are also available.
- This eco-friendly residential and golf estate is situated on the outskirts of the Dorob National Park in Walvis Bay. It offers contemporary and sophisticated houses and villas. Located in ‘The Bay of Whales,’ Walvis Bay boasts a pristine coastal area renowned for its high-quality fish, oysters, rock lobsters, and salt fields. The estate comprises more than 745 luxury residential homes, featuring world-class amenities and an environment that showcases Namibia’s abundant natural beauty.
Fees
The fees involved in the Namibia Residence by Investment program are as follows:
- Application fee: NAD 10,000 (approximately USD 650)
- Due diligence fee: NAD 20,000 (approximately USD 1,300)
- Investment processing fee: NAD 50,000 (approximately USD 3,250)
- Residence permit fee: NAD 10,000 (approximately USD 650)
Applicants will also need to pay for the cost of their medical examinations and police clearance checks.
It is important to note that these fees are estimates and may vary depending on the specific circumstances of each applicant. It is always best to consult with a licensed immigration consultant to get an accurate quote of the fees involved.
FAQs
What is the minimum investment required for obtaining Namibia residency?
To secure Namibian residency through real estate investment, a minimum investment of USD 316,000 is necessary. Additional administrative and agency fees, which are still being finalized due to the ongoing development of the program, will also apply.
Can you acquire Namibian citizenship through property purchase?
As long as the proposed program progresses, foreign nationals can obtain Namibian residency by investing in real estate at the President’s Links Estate with a minimum value of USD 316,000. It’s important to note that this residency scheme does not automatically lead to citizenship.
Is Namibia a safe destination for expatriates?
Namibia stands out as one of the safest countries in Africa. The President’s Links Estate investment program is designed to provide a secure environment for investors, incorporating various security measures such as surveillance cameras, 24-hour patrols, and a perimeter fence to enhance safety.
Make Namibia your second home
Visa-Free Countries
Population:
2,604,172
GDP (per capita):
$12,900
GDP (purchasing power parity):
$104.26 billion
Capital city: Windhoek
Time zone: UTC+2 (Central African Time)
Total area: 825,615 square kilometers
Languages: English (official), Afrikaans, German, Oshiwambo, Damara/Nama, Herero, Kavango, Otjiherero, Setswana
Currency: Namibian dollar (NAD)
Main industry: Mining, agriculture, tourism
Schengen/EU: Not a member
KEY ADVANTAGES
- Namibia’s captivating landscapes, from vast deserts to pristine coastlines and abundant wildlife in conservation parks, invite outdoor exploration.
- Namibia’s political stability fosters a secure and reassuring environment, distinguishing it as one of Africa’s most politically stable nations.
- Namibia’s territorial tax system focuses solely on locally earned income, potentially delivering tax advantages to residents.
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Disclaimer
The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.