Investors are advised to consider the following facts before submitting the permit application to the Department of Immigration:
a. Seven-year Permit
An investment of $500,000 plus an approved business trade or undertaking will entitle the investor to a long-term permit of seven years.
b. Three-Year Permit
Investors can also obtain a three (3) year permit for an approved investment of less than F$500,000.00. Conditions for the application for the permit remain the same.
c. Service Industry
Applications for permit for investment in Service Industry need not be referred to FTIB first. These permits are issued in new fields which will create local employment opportunities. Purchase of existing businesses will not guarantee the Investors for a permit readily.