South
African Business Visa
A
business visa may be issued by the Department of Home Affairs to a foreigner intending
to establish or invest in a business in South Africa in which he or she may be
employed, and to members of such foreigners’ immediate family providing that
certain requirements have been met.
The Act
calls for investment of R5,0 million in a business and you need to make sure
you employ 60% South African citizens or permanent residents to get both a temporary
and permanent business visa, you can get these visas with less capital
investment - sometimes for as low as R600,000 investment using our expert
team at SA Migration.
Many
businesses do not require a capital investment as large as R5 million and in
certain cases, you are allowed to reduce this amount and commit to a smaller
investment if your business falls within the certain industries. The following
businesses to be in the national interest, and therefore qualifying for
reduction or waiver of the capitalisation requirements as determined to be in
the national interest in relation to a Business Visa: Many of these business
owners do not have the required investment amounts. If this is the case and the
business falls in line with one of the following industries, a capital waiver
can be requested. This would mean a reduction in the required investment
amount.
The
industries are:
(a)
Agro-processing
- Fisheries and aquaculture
i.e. freshwater aquaculture and marine culture
- Food processing in the
milling and baking industries
- Beverages viz. fruit juices
and the local beneficiation, packaging and export of indigenous teas
- High value natural fibres
viz., organic cotton and downstream mohair production
- High value organic food for
the local and export market
- Biofuels production viz.
bioethanol and biogas
- oils: tea extracts,
including buchu, honeybush: and other oil derivatives (avocado, amarula
etc.)
- Diversification /
beneficiation of biomass sources i.e. sugar, maize
(b)
Business Process Outsourcing and IT Enabled Services
- Call centers
- Back Office Processing
- Shared Corporate Services
- Enterprise solutions e.g.
fleet management and asset management
- Legal process outsourcing
(c)
Capital / Transport equipment, metals and electrical machinery and apparatus
- Basic iron and steel
- Basic precious and
non-ferrous metals
- Casting of metals
- Other fabricated metal
products: metalwork service activities
- General purpose machinery
- Tooling manufacturing
- Foundries
- White goods and associated
components
- Electric motors, generators
and transformers
- Electricity distribution and
control apparatus
- Insulated wire and cable
- Accumulators, primary cells
and primary batteries
(d)
Electro Technical
- Advanced telecommunications
- Software development
- Software and mobile
applications
- Smart metering
- Embedded software
- Radio frequency
identifications
- Digital TV and Set Top Boxes
due to migration to full digital television
- Process control, measurement
and instrumentation
- Security and monitoring
solutions
- Financial software
- Manufacturing sensors
(e)
Textile, Clothing and Leather
- Spinning, weaving and
finishing of textiles
- Knitted and crocheted
fabrics and articles
- Wearing apparel except fur
apparel
- Dressing and dying of fur
- Leather skins and hides
beneficiation
(f)
Consumer goods
- White goods and associated
components
(g)
Boatbuilding
- Boatbuilding and associated
services industry
- Engines and engine systems
- Marine equipment and
accessories
(h) Pulp,
paper and Furniture
- Manufacture of paper
products: publishing, printing and reproduction
- Manufacture of articles of
straw and plaiting materials
- Paper and paper products and
furniture
- Manufacture of wood and
products of wood and cork
(i)
Automotives and Components
- engines, radiators, filters
and components thereof
- air conditioners / climate
control systems
- alarms and Tracking devices
- axles, transmission shafts
- body parts and panels
- catalytic converters,
silencers and exhaust systems and components
- wiring harnesses, instrument
panels vehicle interiors, electronic drive train components,
- lighting equipment
- seats and parts thereof,
seatbelts, leather covers
- suspension and shock
absorbers, springs and parts thereof
- steering wheels, columns and
boxes
- ignition, starting
equipment, gauges and instrument parts
(J) Green
Economy Industries
(jj)
Power generation:
- Nuclear Build Programmer
i.e. joint ventures, consortiums and the establishment of new companies to
grow South Africa's nuclear manufacturing capability and nuclear supply
industry to supply into the nuclear build programme
- Independent power
generation, energy infrastructure and alternative energy
(jjj)
Renewable Energy:
- Onshore wind power -
manufacture of turbines/blades
- Solar PV and Concentrated
Solar Power manufacture/assembly
- Biomass
- Small hydro
- Lowering greenhouse gas
emissions from landfill sites
- Energy efficiency and energy
saving industries
- Solar water heaters
- Waste Management and
Recycling
- Reducing landfill
(k)
Advanced Manufacturing
- Nano-materials
- High performance materials
based on natural resources (advanced bio-composites
- Advanced materials, polymers
and composites
- Medical devices, diagnostics
and composites
- Space e.g. satellite
manufacturers etc. and astronomy e.g. SKA, telescopes, dishes etc.
- Composites (intelligent
textiles used in medical, building and construction industries)
- Continuous fibre reinforced
thermoform composites
- Biochemical and biologics
for applications in agriculture, industry and health/medical sectors
- Electricity demand Site
Management Solutions to improve electricity efficiency usage
- Lasers and laser-based
additive manufacturing various applications
- Advanced Robotics Mobile
Intelligent Autonomous Systems
- Applications in the mining
industry, data collection and analysis
- Bio - manufacturing -
Biochemical and biologics for applications in agriculture, industry and
health/medical.
- Fuel cells and Technology
(l)
Tourism infrastructure
- Accommodation - hotels,
boutique hotels, lodges and resorts
- urban integrated tourism/
entertainment precincts
- adventure, - eco-, sport-,
conference- and cultural tourism
- infrastructure developments
- leisure complexes and world
class golf courses
- harbour and waterfront
developments
- trans frontier conservations
areas
- Tourism transport -
aviation, rail, cruise liners etc.
- green building and green
technologies for tourism
- attractions and activity -
based tourism.
- museums and heritage
(m)
Chemicals, plastic fabrication and pharmaceuticals
- basic chemicals
- water treatment chemical
products
- man-made fibres
- plastic products:
polypropylene and polyvinculchloride
- medical (drips and
syringes), manufacture of active pharmaceutical ingredient
- (APIs) for key
anti-retrovirals (ARVs)
- Manufacture of reagents for
AIDS/HIV diagnostics
- Production of vaccines and
biological medicines
(n)
Creative and Design Industry
- Film studios, treaty film
co-production ventures, distribution infrastructure
- Servicing of foreign
productions
- Production of film and
documentaries, commercials, stills photography and
- Multi-media
- Post-production
- Design
- Jewellery manufacturing and
design
- Fashion design
(o) Oil
and Gas
- Maintenance ship and rig
repair
- Fabrication - equipment and
specialised components
- Specialised services -
training and accreditation
- Specialised services -
non-descriptive testing, inspection services, SHEQ services
- Exploration - technical
services: seismic surveys, logging, environmental impact assessments, etc.
- Exploration - offshore
- Exploration - onshore shale
gas
- Exploration - onshore coal
bed methane and underground coal gasification
- Infrastructure - refineries
(Oil and GTL)
- Infrastructure - terminals
LPG/LNG import, storage and distribution
- Infrastructure - ports and
associated infrastructure
- Infrastructure - storage
- Logistics - pipeline
(p)
Mineral beneficiation
- Downstream processing and
value addition
(q)
Infrastructure Development
(r) ICT
- Geoamatics and Digital media
- Wireless and Telecom
- Electronics
- IT
- Software Development
- Advanced programming
List of
undesirable Business in South Africa;
- Businesses that import
second hand motor vehicles into the Republic of South Africa for the
purpose of exporting to other markets outside the Republic of South Africa
- The exotic entertainment
industry
- Security Industry
Our team
of professionals at SA Migration International will assist you and help you to
obtain your business visa for you.
South
Africa is going
through a very exciting stage at the moment and there is lots of opportunity to
be involved in this emerging economy and the government welcomes anyone wishing
to invest and create employment. Especially for small business owners, the
markets are extremely lucrative and the government welcomes anyone who wants to
invest.
www.samigration.com
