Investor Rights and Regulations Overview
Rights and obligations of investors
New investor in any investment above the threshold must register
Obligation to register also applies to existing investors and investments -
registration within 12 months from commencement of the Act
Investment that is below the threshold but which grows to exceed the threshold
must also register within 12 months of exceeding the threshold
Foreign personnel - Minister for immigration may authorise the inventor to employ
natural persons who are not Namibians to perform scarce key professions and
managerial functions or specialised services, scarce skills or specialities required
for the investment. This excludes the investor and shareholder, his or her spouse
and dependent children, who, if not Namibian, are deemed to have been granted the
right to enter and work in Namibia once final approval of the investment has been
granted
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Document Classification: KPMG Confidential
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