Investment-based visa for business activities and entrepreneurship
Investors, business owners, digital entrepreneurs
Traditional employees, limited capital
Requires substantial investment, complex business registration
At a Glance
Eligibility Requirements
| Requirement | Details |
|---|---|
| Age Range | 21–65 |
| Education Required | University degree preferred |
| Profession Required | Business or investment-related |
| Experience Required | Business management experience |
| Job Offer Required | No |
| Sponsorship Required | No |
| Language Required | Spanish (Business proficiency) |
| License / Recognition Required | Business registration required |
| Remote Income Allowed | Yes |
| Business Activity Required | Yes |
| Health Insurance Required | Yes |
| Proof of Funds Required | Yes |
| Can Apply From Abroad | Yes |
| Passport Restrictions | All foreigners require visa |
Financial Requirements
| Item | Amount |
|---|---|
| Minimum Savings | €25,000 |
| Application Fee | €300 |
| Est. Total Relocation Cost | €35,000 |
Family & Rights
| Right | Details |
|---|---|
| Family Allowed | Yes |
| Spouse Can Work | Yes |
| Children Allowed | Yes |
| Work Rights | Business activities only |
| Remote Work Rights | Full |
| Renewable | Yes |
| Time to Permanent Residency | 2 years |
| Time to Citizenship | 3 years |
Related Pathways
Cost of Living
Find your best visa pathway
Take our free 2-minute quiz and get matched with programmes that fit your profile.
Frequently Asked Questions
What is the Specific Purpose Visa for Work?
Investment-based visa for business activities and entrepreneurship
Who is the Specific Purpose Visa for Work best for?
This pathway is best suited for: Investors, business owners, digital entrepreneurs.
Who should not apply for the Specific Purpose Visa for Work?
This pathway is not ideal for: Traditional employees, limited capital.
What are the financial requirements for the Specific Purpose Visa for Work?
Applicants need minimum savings of €25,000. Additional costs may include the application fee and relocation expenses.
How long does it take to process the Specific Purpose Visa for Work?
Processing typically takes 60 to 120 days. Times may vary based on nationality, completeness of documentation, and current processing volumes.
Can I bring my family on the Specific Purpose Visa for Work?
Yes, this pathway allows family members including dependents. Your spouse may also be eligible to work.
Can the Specific Purpose Visa for Work lead to permanent residency or citizenship?
Yes. Holders of this visa can work toward permanent residency in approximately 2 years and citizenship in approximately 3 years, subject to meeting residence and other conditions.
What are the known issues with the Specific Purpose Visa for Work?
Known issues and warnings: Requires substantial investment, complex business registration. We recommend checking the official source for the latest updates.
Can I work remotely on the Specific Purpose Visa for Work?
Yes, this pathway allows remote income from outside Bolivia. Remote work rights: Full.
Are there alternative pathways to Bolivia?
Yes. Bolivia offers 1 other immigration pathway. Compare all options on our Bolivia country page.
Get Your Full Report
Personalised visa pathways, cost breakdowns, and a step-by-step relocation plan.
Get Your Free VerdictOfficial source: https://www.rree.gob.bo