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Own Business Category

This category refers to persons who wish to establish their own businesses in the Republic. In addition to providing sufficient funds for their maintenance and that of their families, they are required to transfer such minimum amounts as may be determined by the committees of the Immigrants Selection Board, with or without consultation of other bodies or instances, as being sufficient to establish such businesses, taking due consideration of their nature and extent and to submit to the Department of Home Affairs the following documentation after twelve (120 months of establishment of the business or after the immigration permit has been issued:

  • audited financial statements in order for the viability of the business to be assessed;
  • documentary evidence that, since the establishment of the business of since the immigration permit has been issued, at least two (2) South African citizens or permanent residents excluding family members, have been appointed and are still in service, and;
  • documentary evidence that the funds as determined by the ISB have been utilized for the intended purpose.
  • Unless the prospective immigrant holds a valid work permit to conduct the business in South Africa, the application must be submitted and the outcome awaited abroad.

Important

All documents submitted must be in originals or notarized copies. Documents which are not in English must be accompanied by certified translations into English.

All fees must be paid in certified bank check payable to the South African Consulate General, New York.

A personal/telephonic interview is required towards the final stage of application provided that all the requirements have been duly complied with by the applicant.


Requirements

Applicant

  • Form BI 947 Application for Permanent Residence
  • Form BI 757E Preliminary Immigration Questionnaire
  • Form BI 939 Citizenship Declaration
  • Form BI 811 Medical Report
  • Form BI 806 Radiological Report
  • Form IM 418 Questionnaire
  • Two (2) Passport size photographs
  • Birth Certificate
  • Marriage Certificate (if married)
  • Death Certificate (if a widow(er))
  • Final Divorce Decree (if divorced)
  • Valid Passport
  • Statutory Declaration (change of name, surname and date of birth)
  • FBI Report
  • Police Reports from countries where applicant has resided for a period of 12 months
  • Two (2) letters of Character Reference
  • Financial Statement
  • Documentary Proof of Funds (bank statements)
  • Proof of income from Fixed/Floating Assets
  • Proof of Fixed Assets
  • Feasibility study of the proposed business in South Africa
  • Audited Financial Statement (if the proposed business is an expansion of current business abroad)
  • Non-refundable fee of US$1,790.00

Spouse and Children (18 to 20 years old)

  • Form BI 757E Preliminary Immigration Questionnaires
  • Form BI 811 Medical Report
  • Form BI 806 Radiological Report
  • Two (2) Passport size photographs
  • Valid Passport
  • Birth Certificate
  • Marriage Certificate (if married)
  • Death Certificate (if a widow(er))
  • Divorce Decree (if divorced)
  • Character Reference
  • FBI Report
  • Police Report from countries where spouse/child has resided for a period of at least 12 months

Children (18 years and under)

  • Birth Certificate
  • Form BI 811 Medical Report
  • Form BI 806 Radiological Report (Not applicable for children 12 years and under)
  • Valid passport 
  • Proof of adoption (if adopted)
  • Consent from parents

 

 

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Last Revised: Tuesday, October 09, 2007

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