Investor's Guide To Eswatini slide image

Investor's Guide To Eswatini

Visa Type Cost 1. Single Entry Visa E80 E300 E700 FDI Inward Stock (millions of USD) Duration of Stay Less than three months Three months Six months 2. Multiple Entry Visa E1000 Nine months E1300 12 Months 3. Temporary Residence More information is obtainable at www.gov.sz More than 60 days Customs Regulations on Travelling to Eswatini When travelling to Eswatini, customs regulations require that travellers declare all goods in their possession with the exception of personal clothing, essential toilet articles and used sporting equipment. In order to be free from declaration, these goods must be for the passenger's personal use and not intended as gifts or to be sold, exchanged or traded. All articles, used or unused, carried by visitors as presents or parcels for other persons, must be declared. There are no restrictions on the amount of U.S. dollars that may be taken into Eswatini, but documentation on the source of the money must be presented to customs officials. Any traveller carrying an amount equivalent to E15,000 (local currency) has an obligation to declare it to customs officials detailing the source of the money. U.S. dollars and other currencies cannot be used in Eswatini and must be converted into Emalangeni or South African Rand, which is at par with the local currency. Conversion must be done by an authorised foreign exchange dealer i.e. commercial banks or a bureau de change. Access to/Acquiring Operating Space Land Tenure System In Eswatini there are several different classes of land for business site development. These may be divided into three broad categories: • Title deed land (TDL) from the private sector. Industrial Estates Matsapha Industrial Estate is the largest and most active development of its kind in the kingdom with manufacturing activities of diverse types and sizes. The country's inland container dry port is also located in Matsapha, where most commercial cargo is cleared. Nhlangano Estate, which is near to Eswatini's closest border to the South African port of Durban, is the second biggest industrial site. Another industrial site is Ngwenya Estate, which is just a kilometre from the main border to Johannesburg, the industrial hub of neighbouring South Africa, and serves as a rapidly expanding adjunct site. There are further plans to develop more industrial estates in the country. • Title deed land from the government. • Swazi Nation Land (SNL). The Swaziland Investment Promotion Authority (SIPA) facilitates land access for foreign companies investing in the Kingdom of Eswatini. 20 Investor's Guide To Eswatini Investor's Guide To Eswatini 21 21
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