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Investor's Permit

ZambiaInvestment

Explore the five recorded questions, answers and sources for this pathway.

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What investment option or options qualify?

An Investor's Permit is for a foreigner over 18 who intends to establish or invest in a business in Zambia, has already done so, or is joining an existing company.

See recorded sources

What official minimum amount, tier or threshold applies to each relevant option?

Proof of personal investment of US$250,000 for a new business, or US$150,000 if joining an existing company, is required (evidenced by bank statement, money transfer or ZRA Form CE20 showing description and value of goods/equipment). The official source does not state government fees.

See recorded sources
  • https://www.zambiaimmigration.gov.zm/permit-types/
    Proof of personal investment amounting to US$250,000 for a new business and US$150,000 if joining an existing company (Bank Statement, Money Transfer, ZRA Form CE20, showing description and value of goods/equipment);

How long must the investment be maintained and what continuing ownership, investment or physical-presence conditions are important?

The checked official sources did not provide enough route-specific evidence to confirm how long the investment must be kept and the continuing conditions.

See recorded sources
Limits of the record
  • Searched the Investors Permit section and Residence Permit clauses for how long the investment must be kept or physical-presence conditions; none stated. The US$ amounts moved to R2.

Which family members can be included where officially stated, and what broad residence/work rights result?

Children and/or spouse can be added to the Investor's Permit by variation, with certified marriage/birth certificates. Parents (father, mother or foreparents only) of an Investor's Permit holder may be issued a Temporary Permit within the validity of the permit, but the Temporary Permit must not be applied for unless directed by the Department of Immigration.

See recorded sources
Limits of the record
  • The page does not state the residence or work rights that added spouse/children receive.
  • https://www.zambiaimmigration.gov.zm/permit-types/
    Requirements for variation by Addition of Children and/or Spouse Covering letter to the Director General of Immigration from applicant; Certified copies of Marriage/Birth Certificate/s (as appropriate);
  • https://www.zambiaimmigration.gov.zm/permit-types/
    A Temporary Permit is issued to: a prohibited immigrant or any person as directed by the Minister of Home Affairs; parent(s) (father, mother or foreparents only) of a holder of an Employment Permit or Investor’s Permit within the validity of the permit; and  a dependant of permit holder above the age of 18.
  • https://www.zambiaimmigration.gov.zm/permit-types/
    The Temporary Permit must not be applied for unless directed by the Department of Immigration.

What status is obtained, how is it renewed, what longer-term residence/citizenship direction is officially stated, and what happens to the investment when relevant?

Renewal/extension requires a covering letter, VAT/ZRA receipts or valid Tax Clearance Certificate, an audit report from a firm registered with the Zambia Institute of Chartered Accountants (ZICA), lease agreement where applicable, current bank statement, certified passport copy, prescribed fee and an Immigration inspection report (only after submission). A Residence Permit (permanent residence) may be issued to a foreigner who has held an Investor's Permit for more than three (3) years. What happens to the investment is not stated.

See recorded sources
Limits of the record
  • The page does not state the validity period of the Investor's Permit or what happens to the investment on exit.
  • https://www.zambiaimmigration.gov.zm/permit-types/
    Requirements for renewal/extension Covering letter to the Director General of Immigration 11); VAT/ZRA receipts/ valid Tax Clearance Certificate; Audit Report from a recognized firm registered with the Zambia Institute of Chartered Accountants (ZICA); Lease Agreement (where applicable); Current bank statement; Certified copy of valid passport (bio data & last endorsement stamp for Zambia); Prescribed fee; and Inspection Report by Immigration (Only after submission of application).
  • https://www.zambiaimmigration.gov.zm/permit-types/
    A Residence Permit confers permanent residence to a holder and is issued to a foreigner who: has held an Employment Permit for a continuous period exceeding ten (10) years; is a dependant (who is 21 years old or below) of someone with a valid Residence Permit or an established resident; has held an Investor’s Permit for more than three (3) years;

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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