Foreign nationals involved in investment activities or seeking to invest in Ethiopia can now apply online for a three to five-year entry visa for investors, instead of the short-term permit or residence permit that allowed them to stay for three months with the possibility of renewal for another 15 days. Foreign national executives and shareholders will be eligible for a five-year visa for USD 1,000 and managers and board directors will be eligible for a three-year visa for USD 750. This new regulation does not restrict investors to any specific type of investment and will enable investors to spend more time in the country. Along with other documentary requirements, first-time travelers to Ethiopia for investment purposes must submit a letter of support stating their investment purpose. If the traveler is invited by a company directly involved in investment activities in Ethiopia, the applicant must submit an official application letter written by the inviting organization addressed to the Immigration and Citizenship Service of Ethiopia; business license of the inviting company and a support letter from the Investment Commission of Ethiopia. Exact processing timelines will not be known until the service is added onto the website and enforcement of the regulation takes effect.
This alert is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to [email protected].
Explore more at Fragomen
Blog post
Associate Nabauia Safi outlines how Article 116 (2) restores German citizenship to descendants of those persecuted during the National Socialist dictatorship.
Awards
Awards
Fragomen’s Salt Lake City office is named one of Utah Business’s 2024 "Best Companies to Work For."
Blog post
Partner Hyla Kaplan Rosenberg and Senior Associate Elizabeth Brettschneider discuss the eligibility and application process for marriage-based green cards for foreign nationals married to US citizens.
Video
Neste Mobility Minute, a Sócia Diana Quintas explora a proposta de Visto Verde do Brasil.
Podcast
Senior Manager Lindiwe Mapota interviews Director Johannes Kgotso Tiba on the long-anticipated publication of the Points-Based Immigration System (PBIS).
Blog post
Senior Consultant Lauren Penny and Consultant Daniel Heymann discuss how Israel is leading the charge with AI and immigration.
Fragomen news
Partner Ryan Freel is elected to the Houston Relocation Professionals' Board of Directors for 2025.
Blog post
UK Government Affairs Strategy Lead Shuyeb Muquit dives into the UK's shifting net migration trends.
Blog post
Senior Immigration Consultant Konstantin Schmid shares what employers and workers need to know about 2025 Swiss immigration quotas.
Media mentions
Senior Manager Deirdre Murray discusses the recent legislative changes to Ireland’s employment permits.
Fragomen news
Fragomen's Gemma Hyslop, Andreia Florina Ghimis and Ana Sofia Walsh review ODI Global's new report.
Blog post
Associate Nabauia Safi outlines how Article 116 (2) restores German citizenship to descendants of those persecuted during the National Socialist dictatorship.
Awards
Awards
Fragomen’s Salt Lake City office is named one of Utah Business’s 2024 "Best Companies to Work For."
Blog post
Partner Hyla Kaplan Rosenberg and Senior Associate Elizabeth Brettschneider discuss the eligibility and application process for marriage-based green cards for foreign nationals married to US citizens.
Video
Neste Mobility Minute, a Sócia Diana Quintas explora a proposta de Visto Verde do Brasil.
Podcast
Senior Manager Lindiwe Mapota interviews Director Johannes Kgotso Tiba on the long-anticipated publication of the Points-Based Immigration System (PBIS).
Blog post
Senior Consultant Lauren Penny and Consultant Daniel Heymann discuss how Israel is leading the charge with AI and immigration.
Fragomen news
Partner Ryan Freel is elected to the Houston Relocation Professionals' Board of Directors for 2025.
Blog post
UK Government Affairs Strategy Lead Shuyeb Muquit dives into the UK's shifting net migration trends.
Blog post
Senior Immigration Consultant Konstantin Schmid shares what employers and workers need to know about 2025 Swiss immigration quotas.
Media mentions
Senior Manager Deirdre Murray discusses the recent legislative changes to Ireland’s employment permits.
Fragomen news
Fragomen's Gemma Hyslop, Andreia Florina Ghimis and Ana Sofia Walsh review ODI Global's new report.