Foreigners who want to invest in the South African economy by starting a new business or investing in an existing one must apply for a Business Visa. You need to invest a specified amount of financial capital as an applicant.
The South Africa Business Visa allows citizens to work or invest in the South African economy for a maximum of 90 days.
A BI-1738 Form must be completed to invest or start a business. Investors must also contribute a certain amount of financial capital commitment.
To be eligible, you must;
You must provide the following documents.
When to Apply
You should apply for this visa once you fulfil all the abovementioned requirements. Moreover, keep the visa processing time in mind and apply accordingly.
Visa Processing Time
The Business Visa to South Africa can take a couple of weeks to process. It may take a longer time which depends on the availability of documents.
How to Apply
After you have the investment required for this visa, you may apply for this visa. The application process is online, but you may also visit the nearest Embassy. You must provide the required documents at the time of application, pay the fee and wait for confirmation. You may also consult with professionals before making any decision.
Duration
In South Africa, a Business Visa can be given for three to five years. How an application is justified significantly impacts the duration of the visa. As a result, candidates who have used a professional's services are more likely to acquire a visa with a longer validity period.
Fees
The Business Visa to South Africa may cost 118 EUR.
Foreign people seeking to renew their visas while still in South Africa should apply at the nearest South African Ministry of Home Affairs office. It is necessary to submit the request in person. Visitors might also hire the services of a licenced immigration attorney.
Transit
Business Visa can be used for transit through South Africa.
Business
This visa is specified for business purposes.
Multi-entry
Enter or leave the country as you please.